OFFICIAL LETTER 3759/BTC-TCT DATED 02 APR 2018 OF MOF GUIDING VAT FOR CONSTRUCTION ACTIVITIES OF THE LOCATION OUT OF ITS HEAD OFFICE
Official letter 3759/BTC-TCT dated 02 Apr 2018 of MOF guiding VAT for construction activities of the location out of its head office:
The company (has its head office in Ha Noi, declare, pay VAT under deduction method), conduct construction activities in non-tariff zone (applied to 0% VAT tax rate) in provinces, cities under control of central (the Company has no branch in this province, city), other than its head office, the company does not declare, pay VAT for the construction activities.
In case, the company have contracts for construction of works in other provinces (The company does not have a branch in the province), the contract has an agreement with the investor to pay the entire value of the project to the Company and the company issued VAT invoice for the entire project; After that, the company has contracted to hand over some construction items to the subcontractor, the Company must declare and pay VAT for this construction activity for the whole value of the handover project without VAT.
