Official letter 32968/CTHN-TTHT regarding contractor tax policy as follows:
Pursuant to the above regulations, in the case of a foreign contractor or foreign subcontractor with income arising in Vietnam on the basis of a contract "making a feasibility study report and site records" with an organization in Vietnam, In Vietnam, foreign contractors and foreign subcontractors are subject to tax obligations imposed on foreign contractors according to Clause 1, Article 1 of Circular 103/2014/TT-BTC. In case the foreign contractor or foreign subcontractor does not meet one of the conditions stated in Article 8, Section 2, Chapter II, Circular 103/2014/TT-BTC, the Vietnamese party will deduct and pay tax on behalf of the Contractor. foreign countries, foreign subcontractors according to the instructions in Article 12, Article 13 of Circular 103/2014/TT-BTC.
