Uni 26-08-2013 - Guidance on the asset transfer having the leased land use right when an EPE is dissolved

According to the official letter No.2635/TCT-CS:                 

If an EPE is dissolved, it can sell factories, structures on land and the imported goods for factories, structures on land construction to domestic enterprises as follows:

·         For the assets, goods imported abroad, when the EPE transfer to domestic enterprises, the EPE and domestic enterprises must do customs procedures to pay taxes under regulations.

·         For the structures on land accompanying with the land use right transfer, when the EPE transfers to domestic enterprises, it must use VAT invoices to declare and pay tax (10% tax            rate) and pay CIT under regulations . The price of VAT calculation is excluded from the transfer land price under regulations.