Dutiable objects and declaration of import, export duties in Vietnam

DMS Attorney in Vietnam! Is a newly established company obliged to register for a tax identification number (TIN) in Vietnam ? Can you advise me about dutiable objects and import, declaration of import, export duties ?

Hi!

Tax registration in Vietnam:

Enterprises established and operated under the Law on Enterprises shall register for tax in conjunction with business registration as prescribed in the Law on Enterprises and guiding documents on enterprise registration (Article 1 Circular No. 95/2016/TT- BTC dated June 28, 2016).

The certificate of enterprise registration is also the tax registration certificate of the enterprise (Clause 2 Article 6 Decree No. 78/2015/ND-CP dated September 14, 2015).

Dutiable objects in Vietnam:

Goods imported or exported via a border gate or across the border of Vietnam.

Goods exported from the domestic market into export processing enterprises, export processing zones, tax-suspension warehouses, bonded warehouses and other free trade zones defined in Clause 1 Article 4 of the Law on Export and Import Duties; goods imported from export processing enterprises, export processing zones, tax-suspension warehouses, bonded warehouses and other free trade zones defined in Clause 1 Article 4 of the Law on Export and Import Duties into the domestic market.

Goods on-spot export and import specified in Clause 3 Article 2 of the Law on Export and Import Duties shall apply provisions in the Decree No. 08/2015/ND-CP dated January 21, 2015 of the Government prescribed detailing and providing measures to implement the Law on Customs regarding customs procedures, examination, supervision and control procedures.

Goods of an export processing enterprise which exercises its rights to export, import or distribution specified in Clause 3 Article 2 of the Law on Export and Import Duties are goods exported or imported by the export processing enterprise to exercise such rights in accordance with trading and investment laws (Article 2 Decree No. 134/2016/ND-CP dated September 01, 2016).

Declaration of import, export duties:

The declaration of duties on imported, exported goods shall be implemented upon occurrence. In case a single customs declaration is made for multiple importation or exportation of imported or exported goods according to the customs law, the declaration and calculation of duties shall be implemented upon each actual import, export at the time of customs procedure (Clause 2 Article 14 Decree No. 19/VBHN-BTC dated 10/21/2016).

The dossier for declaration of import, export duties is the customs dossier (Clause 2 Article 14 Decree No. 19/VBHN-BTC dated October 21, 2016).

Related topics:

Cases exempted from declaring, preparing transfer pricing documentation

Corporate Income Tax (CIT) rates in Vietnam

Corporate Income Tax exemption and reduction in Vietnam

Consulting services:

Phone: 0914 165 703 or email: dmslawfirm@gmail.com

Dutiable objects and declaration of import, export duties in Vietnam