On April 23, 2024, the Ministry of Finance issued Circular No. 25/2024/TT-BTC repealing Circular No. 83/2014/TT-BTC guiding the implementation of VAT on the List of Imported Goods, thereby repealing the entire Circular No. 83/2014/TT-BTC dated June 26, 2014, by the Minister of Finance guiding value-added tax on the List of Imported Goods of Vietnam. This […]

On April 19, 2024, the General Department of Customs issued Official Dispatch No. 1664/TCHQ-TXNK accordingly.   Household electronic equipment is not subject to VAT reduction, the tax rate is 10%. Determination of HS codes for actual imported goods is carried out in accordance with regulations on goods classification in the Customs Law and legal documents […]

On April 22, 2024, the General Department of Taxation issued Official Letter No. 1666/TCT-CS regarding tax policies. Accordingly,   Failure to pay land rent and land use fees on time constitutes a violation of tax payment deadlines as stipulated in Article 55(3) of the Law on Tax Administration No. 38/2019/QH14 dated June 13, 2019, by […]

On April 22, 2024, the General Department of Taxation issued Official Letter No. 1667/TCT-CS regarding the registration fee. Accordingly, in cases where the representative office of a company engages in the production, trading of goods, or provision of services, it is required to pay the registration fee. Conversely, if the representative office does not engage […]

The General Department of Taxation responded with Official Letter No. 1658/TCT-CS dated April 22, 2024, regarding ensuring investment incentives.   Related to investment support solutions to ensure the maintenance of Foreign Direct Investment (FDI) attraction in the context of implementing Resolution No. 107/2023/QH15 dated November 29, 2023, of the National Assembly on the application of […]