Official letter 18956/CTBDU-TTHT about FCT policy:
In case the Company purchases goods from a foreign partner (abbreviated as "NTNN") and according to the agreement, the foreign contractor appoints another partner in Vietnam to supply goods to the Company, the foreign contractor is subject to the provisions of this Law. specified in Clause 2, Article 1 of Circular 103/TT-BTC. The company is responsible for declaring, withholding and paying house tax on behalf of the foreign contractor according to the above regulations
