OFFICIAL LETTER 3438/TCT-TNCN DATED 02 AUGUST 2017 OF GDT GUIDING PIT DECLARATION, PAYMENT FOR FOREIGNERS RESIDING IN VIETNAM
GDT issued official letter 3439/TCT-TNCN guiding foreigners are resident individuals in Vietnam having income from salary, wage paid by oversea parent company, PIT declaration, payment for foreign employees residing in Vietnam conducted as follows:
- Individuals directly declare with tax authority for the income paid by oversea parent company
- The company in Vietnam temporarily withheld PIT in accordance with the income that individuals receive in Vietnam.
In case, individuals (according to regulations of Civil code) authorize the company to declare, withhold and pay for individuals, the company is responsible for withholding, declaring, paying PIT monthly, quarterly with form 02/KK-TNCN issued together with Circular 92/2015/TT-BTC for the income from the parent company in Japan. At year ending, the company in Vietnam is responsible for filing, declaring, finalizing PIT on behalf of the individuals with form 02/QTT-TNCN issued together with 92/2015/TT-BTC.
