Mazars Vietnam Tax and Legal Updates - June 2016 part 2

We are pleased to attach our Vietnam Legal and Tax Update for June 2016. In this edition, we highlight the following breaking news:


  • Circular 05/VBHN-BTC which unifies the circulars guiding the implementation of Laws, Decrees and their amendment/ supplementation on the Personal Income Tax (‘‘PIT’’)
  • Circular No.03/2016/TT-NHNN guiding the management of foreign exchange for the overseas loan and its repayment in an enterprise
  • Circular No. 21/2016/TT-BTC guiding the implementation of VAT declaration and CIT incentives for the production projects which are on the list of supporting industry products


  • Guidance on VAT
  • Guidance on invoices
  • Official Letter No. 766/TCT-DNL guiding CIT obligation on capital transfer

Download the full guide as below.

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