Vietnam tax & legal updates

You will find here all the issues of our "Vietnam Spotlight" newsletter related to the recent Tax, Legal and Accounting updates.

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Announcement from Meta Platforms on tax compliance procedures in Vietnam for Facebook advertising services

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From 01 June 2022, Vietnamese enterprises using advertising services on Facebook are not required for withholding, declaring and paying of Foreign Contractor Tax (“FCT”) on behalf of Meta but Meta will declare and pay FCT directly to tax authority as guided in Circular 80/2021/TT-BTC.

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Official Letter 2688 providing detailed instructions on VAT for Decree No. 15/2022/ND-CP

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On 23 March 2022, Ministry of Finance issued Official Letter No. 2688/BTC-TCT (“Official Letter 2688”) providing detailed instructions on Value Added Tax (“VAT”) for Decree No. 15/2022/ND-CP (“Decree 15”).

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Mazars in Vietnam Newsletter - Tax & Legal Update - Issue March 2022 (Issue 02)

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In this March issuance, we would like to keep you informed of some latest official clarification respecting Corporate Income Tax (CIT) and Value Added Tax (VAT).

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Mazars in Vietnam Newsletter - Tax & Legal Update - Issue March 2022

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This March 2022 publication features Decree No. 15/2022/ND-CP on tax exemption and reduction policy under the National Assembly’s Resolution No. 43/2022/QH15. Besides, we also provide some instructions on how to cope with new regulations.

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Decree 15/2022/ND-CP plus Resolution 11/NQ-CP guiding the implementation of Resolution 43

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With regards to the latest release of Resolution 43/2022/QH15, the Government has recently issued two official documents named Decree 15/2022/ND-CP stipulating the tax exemption and reduction policy and Resolution 11/NQ-CP on the Socio-Economic Recovery and Development Program setting out a solution supporting the recovery of enterprises, cooperatives, and business households.

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