hot sale LG Vina asks Hanoi to tax DOP imports

  • hot sale LG Vina asks Hanoi to tax DOP imports
  • hot sale LG Vina asks Hanoi to tax DOP imports
  • hot sale LG Vina asks Hanoi to tax DOP imports
  • Where can I find import tariffs in Vietnam?
  • Import tariffs can be found on the official portal of Vietnam Customs. Import duties declarations are required upon registration of customs declarations with the customs offices and must be paid before receipt of consumer goods. In contrast to imported goods to Vietnam, most goods and services being exported from Vietnam are exempt from tax.
  • What taxes are imposed in Vietnam?
  • Vietnam imposes a tax on almost every type of product that is imported into the country, including import tax, value-added tax (VAT), and, for certain goods, special consumption tax (SCT). The import tax rates range depending on the type and origin of the goods.
  • Does Vietnam require a separate import or export license?
  • Vietnam does not require a company to have a separate import or export license to engage in import and export activities in the country. The most common entity for investors looking to engage in import and export activities, as well as engage in domestic distribution of goods, is to establish a trading company.
  • Are capital gains realised in Vietnam taxable?
  • Capital gains realised on the direct (or indirect disposal) of shares in a Vietnamese incorporated and tax resident company by a non-resident are considered to be taxable in Vietnam pursuant to domestic tax law. This position is subject to the application of an International Tax Agreement. The tax rate applied to any realised capital gain is 20%.
  • What is tax law in Vietnam?
  • The legislative framework of tax law in Vietnam is based on laws passed by the National Assembly of the Socialist Republic of Vietnam, as well as Decrees, Circulars and Oficial Letters issued by the Ministry of Finance (“MOF”), the General Department of Taxation (“GDT”) and/or local provincial taxation authorities (including customs authorities).
  • Will Vietnam accept the P/O issued by the exporter or manufacturer?
  • Therefore, Vietnam will accept the P/O issued by the exporter or manufacturer (any exporter) as regulated in Point 2a.1, Clause 4, Article 1, Circular No. 62/2019/TT-BTC. (Official Letter No. 232/GSQL-GQ4 dated 03 February 2021 issued by the General Department of Customs)

Recommended hot-selling products