Tax Update - Vina Bookkeeping
Accordingly, in case the Company registers family deduction for employees who is mother, have no income at out of working age or have an average monthly income of the year from all income sources not exceeding 01 (one) million dong , the documents proving dependents shall comply with the guidance in item g.3 point g, Clause 1, Article 9 of Circular No. 111/2013/TT-BTC dated August 15, 2013 of
ICIS Home - ICIS Explore
ICIS Home - ICIS Explore
Sharing 25 practical situation of foreign contractor tax
The Contractor Tax is very complicated, so it is often difficult to understand and apply it to businesses in Vietnam. The offshore payment transactions often have many potential risks for foreign Contractor Tax and can lead to retrospective payments when subjected to tax inspection and examination. This seminar is organized to share practical experiences about
Import Duty Calculator - SimplyDuty
Import Duty & Tax Calculations Use this quick tool to calculate import duty & taxes for hundreds of destinations worldwide. Importing from : Currency Importing to : Currency Product description: OR Product value: *In currency of origin Product Quantity : Shipping cost: *In currency of origin Insurance cost : *In currency of origin
hot sales DOP phthalate from Vietnam | Factory Supply DOP
LG Vina asks Hanoi to tax DOP imports | ICIS. 28/8/1998 · HO CHI MINH CITY (CNI)--Vietnam's sole dioctyl phthalate (DOP) producer, LG Vina, a 50:50 joint venture between South Korea's LG Chemicals and state-owned Vinachem, is seeking Hanoi's imposition of 10% import duty on rival imports. Get Inquiry
- How much tax does Vietnam impose on imported goods?
- This means that the importer will have to pay $1,500 in customs duties for that specific commodity. In addition to customs duties, Vietnam imposes three other types of taxes on imported goods: Value Added Tax (VAT), Special Consumption Tax (SCT) and Environmental Protection Tax ( FTE).
- How are import duties & taxes calculated in Vietnam?
- The valuation methods, based on World Trade Organization (WTO) guidelines, help establish a standardized approach to calculating import duties and taxes: Transaction Value (Preferred): Based on the actual price paid or payable for the goods in a sale for export to Vietnam. Identical Goods: Used when the exact transaction value is unavailable.
- How can FTAs help businesses importing goods into Vietnam?
- For businesses importing goods into Vietnam, FTAs can significantly lower costs by reducing or exempting import duties on eligible products. To access these benefits, you must meet strict eligibility requirements, including proper classification and documentation.
- What is excise tax in Vietnam?
- Excise tax in Vietnam is an additional charge applied on some specific products, in addition to customs duties and VAT. This tax is primarily intended to discourage the consumption of products considered harmful to health or the environment.
- What are import duty exemptions in Vietnam?
- Import duty exemptions in Vietnam apply to various sectors targeted by the government as beneficial to the local market, helping you reduce costs and improve profitability. These exemptions cover: Export Processing and Manufacturing: Businesses can import raw materials, machinery, and equipment tax-free.
- What is Value Added Tax (VAT) in Vietnam?
- In Vietnam, Value Added Tax (VAT) is one of the main indirect taxes applied on goods and services. It is governed by the Vietnam VAT Law, which defines applicable rates, exempt products and registration procedures for businesses. Here are the important details regarding VAT in Vietnam:
