Mazars Vietnam Tax and Legal Updates May 2015

We would like to bring your attention to our latest tax and legal newsletter which will highlight recently issued Circulars and Official Letters from the Ministry of Finance and General Department of Taxation regarding:

  • Amendments and supplements to Article 128 of Circular No. 200/2014/TT-BTC on Corporate Accounting System (Circular No. 75/2015/TT-BTC)
  • Guidance on the priority enterprise scheme and related customs administration procedure (Circular No.72/2015/TT-BTC)
  • Guidance on VAT credibility in case of payment directly to suppliers by bank loans (Official Letter No. 1983/TCT-CS)
  • Guidance on VAT to be imposed on market development support (Official Letter No. 1874/BTC-CS)
  • Guidance on the authorization of PIT finalization in certain cases of internal transfer employees (Official Letter No. 1873/TCT/DNL)
  • Guidance on permanent establishment of foreign organization via processing base in Vietnam (Official Letter No. 1840/TCT-CS)
  • Guidance on VAT declaration for sale in other provinces
  • Announcement on stop receiving tax declaration dossiers online in PDF format (announcement No. 1731/TCT-CNTT)
  • Guidance on PIT finalization for expatriates coming to Vietnam for the first time (Official Letter No. 1693/TCT-TNCN)
  • Guidance on refund for VAT paid at the import stage (Official Letter No. 4633/BTC-TCT)

We hope that these materials are relevant and helpful for your business, and wish you a great reading experience.