Regarding the VAT policy during the construction phase of Export Processing Enterprises On August 14, 2024, the Tax Department of Bac Ninh Province issued Official Letter No. 3918/CTBNI-TTHT regarding the VAT policy during the construction phase of Export Processing Enterprises…

Value Added Tax (VAT) On August 23, 2024, the Long An Provincial Tax Department issued Official Letter No. 3801/CTLAN-TTHT providing guidance on determining deductible expenses when calculating corporate income tax as follows: In case the Company buys moon cakes to…

Value Added Tax (“VAT”) On July 22, 2024, Binh Duong Provincial Tax Department issued Official Letter No. 19621/CTBDU-TTHT providing guidance on VAT policy as follows: In case the Company is responsible for organizing the management of an apartment building during…

Decree No. 64/2024/ND-CP stipulating the extension of the deadline for paying value added tax, corporate income tax, personal income tax and land rent in 2024 On June 17, 2024, the Government issued Decree 64/2024/ND-CP extending the deadline for paying value…

Decree 72/2024/ND-CP on the policy of reducing 2% value added tax (VAT) On June 30, 2024, the Government issued Decree 72/2024/ND-CP dated June 30, 2024 regulating value added tax reduction policy according to Resolution 142/2024/QH15 dated June 29, 2024 of…

I. Tax policy Tax policy and registration fees for vehicles without documents transferring vehicle ownership On May 10, 2024, the General Department of Taxation issued Official Dispatch No. 1978/TCT-CS guiding tax policies and registration fees for vehicles without documents transferring…

Policy of tax Tax policy for debt trading activities On April 26, 2024, Hanoi Tax Department issued Official Dispatch No. 24943/CTHN-TTHT guiding on tax policies for debt trading activities as follows: In case the Partner Company has debt selling activities…

Policy of tax 1) Instructions on accidentally canceling warehouse delivery notes and internal transportation On March 27, 2024, the Tax Department of Bac Giang Province issued Official Dispatch No. 1991/CTBGI-TTHT instructing when businesses accidentally cancel warehouse delivery notes cum internal…

Policy of tax 1) Pre-deduct costs that have not yet been incurred corresponding to recorded revenue On January 18, 2024, the Hanoi Tax Department issued Official Dispatch No. 3703/CTHN-TTHT on the deduction of apartment management costs as follows: In case…

I. Tax policy Regulations on high-tech zones On February 1, 2024, the Government issued Decree 10/2024/ND-CP regulating high-tech zones. Agency in charge of establishing and expanding high-tech zones: – Science and technology – Ministry of Agriculture and Rural Development Establishment…