OFFICIAL LETTER 4310/CTBNI-TTHT ABOUT ISSUING INVOICES IN FOREIGN CURRENCY TO EXPORT PROCESSING ENTERPRISE
Official letter 4310/CTBNI-TTHT about issuing invoices in foreign currency to export processing enterprise (EPE):
In principle, when an EPE buys goods from the domestic market (buying from a domestic enterprise or another EPE) for the purpose of manufacturing, processing, recycling, assembling goods for export, or for export (except for goods banned from export). export), the EPE may record the price in the contract in a foreign currency and pay in the foreign currency by wire transfer, and at the same time, the domestic enterprise may quote and determine the price in foreign currency and receive payment in the transferred foreign currency when selling goods to EPE.
In case the company is an EPE, in the course of operation, it has added the following business lines: "Other professional, scientific and technological activities not yet classified" and registered with the Tax Department according to the calculation method. VAT to declare and pay VAT for this activity by the deduction method (the Company is not entitled to the policy for EPE for this activity). Therefore, the Company must declare and pay VAT separately for this activity. above and not in the case of being quoted, priced in foreign currency and receiving payment in foreign currency when providing services to EPE.
