Uni 03-11-2022 - About tax policy for commercial activities of EPEs

Official letter 9690/CTHDU-TTHT about tax policy for commercial activities of EPEs:

In case Atarih Precision (Vietnam) Co., Ltd. is entitled to apply regulations on export processing enterprises, exercise the right to export, right to import, right to distribute wholesale and retail in accordance with the law on investment and other regulations. of relevant legislation:

The company arranges a storage area for goods serving export processing activities separate from the area for storing goods for other production and business activities and must separately account revenues and expenses related to such activities. manufacturing and other business activities.

- In case the company buys goods from abroad or buys from other export processing enterprises according to the right to import, the company will open customs declarations and pay taxes (if any) according to regulations as for enterprises. other inland. In case the Company purchases goods from the domestic market to exercise the right to export, the Company does not have to go through customs procedures, the domestic enterprise issues a VAT invoice to the Company, clearly stating the VAT rate on the invoice.

- When the Company exports goods under the export right, the Company carries out customs procedures as for business export goods and is entitled to the 0% VAT rate as prescribed.

- In case the Company exercises the right of wholesale and retail distribution of goods in Vietnam, the Company uses invoices, declares tax, pays taxes and applies the same VAT rates as other domestic enterprises. in Viet Nam.

- In case the Company buys goods from domestic enterprises to sell to other domestic enterprises in Vietnam, it is not in the case of trading in goods under export rights.