OFFICIA LETTER 6421/CT-TTHT DATED 08/10/2019 OF NAM DINH PROVINCE TAX ON THE TRANSFORMATION OF TYPES FROM EPEs INTO NON-EPEs ENTERPRISES
Official letter 6421/CT-TTHT dated 08/10/2019 of Nam Dinh Department of Taxation on transformation of EPEs into non-EPSEs follows:
When converting the type from an export processing enterprise into an enterprise not entitled to the export processing enterprise policy, the Company needs to identify the inventories and goods of imported origin that remain in stock and propose measures to deal with the customs office is allowed to convert by the competent authority. In case, after the conversion, the Company is no longer an Export Processing Enterprise, the Company must declare and pay VAT to the tax authorities as prescribed. Regarding the notice of supplementation of payable tax and other contents of changes in tax registration information: The company shall perform at the business registration agency according to the provisions of Decree No. 78/2015 / ND-CP of April 14. 9/2015 of the Government and Circular No. 20/2015 / TT-BKHDT dated December 1, 2015 of the Ministry of Planning and Investment.
