OFFICIAL LETTER 3603/CTBNI-TTHT ABOUT VAT RATES WITH SERVICES PROVIDED TO EPEs ASSIGNED BY FOREIGN ENTERPRISES
Official letter 3603/CTBNI-TTHT about VAT rates for services provided to EPEs as assigned by foreign enterprises as follows:
Pursuant to the above instructions, in case the Company signs a contract to provide equipment installation, repair and maintenance services to a foreign enterprise based in Korea (Charm Engineering Company) and is appointed to do the following: If the Company performs such services for Samsung Display Vietnam Co., Ltd (export processing enterprise) in Vietnam, the Company is entitled to the VAT rate of 0% if the above services are performed at Samsung Display Vietnam Co., Ltd. ensure the conditions for consumption in the non-tariff zone (export processing enterprises), and at the same time fully satisfy the conditions for applying the 0% tax rate as prescribed at Point b, Clause 2, Article 9 of Circular No. 219/2013/ TT-BTC dated December 31, 2013 of the Ministry of Finance.
In case the Company does not meet the conditions and services for export (consumption outside the non-tariff zone), the Company shall apply the VAT rate of 10% for the service of installation, repair and maintenance of equipment according to the regulations. prescribed in Article 11 of Circular No. 219/2013/TT-BTC dated December 31, 2013 of the Ministry of Finance
