Official letter 2728/CTBNI-TTHT guiding on tax policy:
Based on the above regulations, in case the Company has an independent accounting branch in Hai Duong, the Company can authorize the Branch to perform part or all of the Company's functions. Authorization for a Branch to perform part or all of the Company's functions must be expressed in writing in accordance with the provisions of law and in accordance with the provisions of the investment license and Investment Registration Certificate. issued by a competent state agency.
According to the content presented in the Company's documents, the Company has a new investment project in Hai Duong province and has been granted investment registration certificate No. 4170136014, issued for the first time by the Management Board of Hai Duong province. early April 5, 2021. The Company has established Trung Quy Bac Ninh Investment Joint Stock Company - Hai Duong Branch (referred to as Branch) to manage investment projects in Hai Duong province on behalf of the Company, an independent accounting branch, If revenue, costs, output VAT and input VAT can be separately accounted for, the Branch shall declare and pay VAT, PIT and CIT to the tax authority directly managing the Branch (Hai Duong Tax Department) according to regulations.
