Official letter 3177/HYE-QLDN2 about tax policy:
Based on the above regulations and according to the Company's presentation, Hung Yen Provincial Tax Department responds to the Company according to the following principles:
- In case the Company has an investment project eligible for VAT refund in a province or centrally run city other than the province or city where the head office is located, the Company shall base on the legal regulations on declaration, deduction and tax refund to prepare a separate VAT declaration dossier for the investment project at the tax authority where the investment project is located.
- In case the Company transfers assets to an independent accounting branch, the Company must issue invoices and declare and pay taxes according to regulations