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MINISTRY OF FINANCE
OF VIETNAM
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SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom – Happiness
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No. 69/2025/TT-BTC
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Hanoi, July 01, 2025
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CIRCULAR
ELABORATION OF SOME ARTICLES OF THE LAW ON VALUE-ADDED TAX
AND GUIDELINES FOR IMPLEMENTATION OF THE GOVERNMENT’S DECREE NO. 181/2025/ND-CP
DATED JULY 01, 2025 ELABORATING THE LAW ON VALUE-ADDED TAX
Pursuant to the Law on
Value-added Tax dated November 26, 2024;
Pursuant to the Law
dated June 25, 2025 on Amendments to some Articles of the Law on Bidding, the
Law on Public-Private Partnership Investment, the Law on Customs, the Law on
Value-added Tax, the Law on Export and Import Duties, the Law on Investment,
the Law on Public Investment, the Law on Management and Use of Public Property;
Pursuant to the
Government’s Decree No. 181/2025/ND-CP dated July 01, 2025 elaborating some
Articles of the Law on Value-added Tax;
Pursuant to the
Government’s Decree No. 29/2025/ND-CP dated February 24, 2025 defining
functions, tasks, powers and organizational structure of the Ministry of
Finance of Vietnam;
At the request of the
Director of Department for Management and
Monitoring of Taxes, Fees and Charges-related Policies;
The Minister of
Finance promulgates a Circular on to elaborate some Articles of the Law on
Value-Added Tax and provide guidelines for implementation of the Government’s
Decree No. 181/2025/ND-CP dated July 01, 2025 Elaborating the Law on
Value-added Tax.
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This
Circular contains detailed regulations on documentation and procedures for
goods and services not subject to value-added tax (“VAT”) prescribed in Article
5, documentation and procedures for application of 0% VAT in Clause 1 Article
9, groups of goods and services applying the VAT rates prescribed in Point b
Clause 2 Article 12, documentary evidence of VAT payment on behalf of foreign
parties prescribed in Point a Clause 2 Article 14 of the Law on Value-added Tax
(hereinafter referred to as “VAT Law”); determination of refundable VAT on
exported goods and services prescribed in Clause 2 Article 29, determination of
refundable VAT on purchases serving production of goods and provision of
services subject to 5% VAT prescribed in Article 31, VAT applied to foreign
organizations and individuals doing business in Vietnam prescribed in Article
13, Clause 1 and Clause 2 Article 40 of the Government’s Decree No.
181/2025/ND-CP dated July 01, 2025 elaborating some Articles of VAT Law
(hereinafter referred to as “Decree No. 181/2025/ND-CP").
Article 2. Regulated entities
The following entities
are regulated by this Circular:
1. Taxpayers prescribed
in Article 3 of Decree No. 181/2025/ND-CP.
2. Tax authorities
defined by tax administration laws.
3.
Relevant organizations and individuals.
Article 3. Documentation and procedures for goods and
services not subject to VAT prescribed in Article 5 of VAT Law
1.
Taxpayers shall determine whether their goods and services are subject to VAT
according to the goods and services listed in Article 5 of VAT Law and Article
4 of Decree No. 181/2025/ND-CP.
2. In
certain cases, in addition to implementation of Clause 1 of this Article, the
following documents and procedures are required when requested by regulatory
bodies:
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b) For
import of newspapers, magazines, academic journals, political books, text
books, law books, science – technology books, books serving diplomatic
communication, books in ethnic languages, printing propaganda pictures and
banners, including audio, video tapes, discs, or computer files prescribed in
Clause 15 Article 5 of the Law on Value-added Tax, the taxpayer shall have
written confirmations of imported publications for commercial purposes issued
by competent authorities as prescribed by regulations of law on publishing.
c) For
goods and services sold to foreign organizations or individuals or
international organizations for use as humanitarian aid or grant aid for
Vietnam prescribed in Clause 19 Article 5 of VAT Law, the taxpayer shall have
documents of the foreign organizations or individuals or international
organizations as prescribed in Point b Clause 11 Article 4 of Decree No.
181/2025/ND-CP.
d) For transfer of
industrial property rights to inventions, industrial designs, layout designs,
brands procedures that is transfer of intellectual property rights prescribed
in Clause 21 Article 5 of VAT Law, the taxpayer shall have decisions to grant
protection titles issued by competent authorities as prescribed by regulations
of law on intellectual property or certificates of international registration
under international treaties to which the Socialist Republic of Vietnam is a
signatory and contracts for transfer of industrial property rights as
prescribed by law.
dd) For
transfer of plant varieties that is transfer of intellectual property rights
prescribed in Clause 21 Article 5 of VAT Law, the taxpayer shall have decisions
to grant plant variety protection titles issued by competent authorities as
prescribed by regulations of law on intellectual property and contracts for
transfer of rights to plant varieties as prescribed by law.
e) For
goods imported as donations for recovery from natural disasters, epidemics or
wars prescribed in Point d Clause 26 Article 5 of VAT Law, the taxpayer shall
have written approval for receipt of donations of the receiving organizations.
Article 4. Documentation and procedures for application of
0% VAT to goods and services prescribed in Clause 1 Article 9 of VAT Law
1.
Taxpayers shall determine whether their goods and services are eligible for 0%
VAT according to the goods and services listed in Clause 1 Article 9 of VAT Law
and Article 17 of Decree No. 181/2025/ND-CP.
2.
Whenever requested by regulatory bodies, taxpayers shall present documents and
follow procedures to fulfill requirements for application of 0% VAT prescribed
in Article 18 of Decree No. 181/2025/ND-CP.
For
goods exported via overseas e-commerce platforms and in some other special
cases, whenever requested by regulatory bodies, taxpayers shall present
documents and follow procedures to fulfill requirements for deduction of input
VAT prescribed in Article 27 and Article 28 of Decree No. 181/2025/ND-CP.
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1. Goods
and services applying VAT rates prescribed in Point b Clause 2 Article 12 of
VAT Law are specified in Appendix I hereof.
2. A business
establishment that sells various types of goods or services that are subject to
different VAT shall declare separate VAT rate for each type of goods and
services; If the business establishment cannot determine separate VAT rates, it
shall pay VAT at the highest VAT rate on the entire revenue generated from the
sale of its goods and services in the tax period.
Article
6. Documentary evidence of VAT payment on behalf of foreign parties prescribed
in Point a Clause 2 Article 14 of VAT Law
Organizations in Vietnam
paying tax payable by foreign organizations without permanent establishments in
Vietnam, overseas individuals that are not Vietnamese residents, foreign
suppliers without permanent establishments in Vietnam shall have documentary
evidence of VAT payment on behalf of foreign parties in order to deduct input
VAT. Documentary evidence of VAT payment on behalf of foreign parties is
documentary evidence for payment to state budget prescribed by law.
Article
7. Method for determination of refundable VAT on exported goods and services
prescribed in Clause 2 Article 29 of
Decree No. 181/2025/ND-CP
The method for
determination of refundable VAT on exported goods and services is specified in
Appendix II hereof.
Article
8. Method for determination of refundable VAT on purchases serving production
of goods and provision of services subject to 5% VAT prescribed in Article 31
of Decree No. 181/2025/ND-CP
The method for
determination of refundable VAT on purchases serving production of goods and
provision of services subject to 5% VAT is specified in Appendix III hereof.
Article
9. VAT applied to foreign organizations and individuals doing business in
Vietnam
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a) Foreign business
organizations with or without permanent establishments in Vietnam; foreign
businesspeople that are Vietnamese residents or and foreign businesspeople that
are not Vietnamese residents (hereinafter referred to as “foreign contractors
and foreign subcontractors”) doing business in Vietnam.
b) Foreign organizations
and individuals carrying out all or some stages of distribution of goods or provision
of services in Vietnam where these foreign organizations and individuals are
owners of the goods delivered to Vietnamese organizations and individuals or
take responsibility for the costs of distribution, advertising, marketing,
quality of services, quality of goods delivered to Vietnamese organizations and
individuals, or impose selling prices for goods or service charges; including
the cases where a Vietnamese organization or individual is hired to carry out
part of the distribution service or other services related to the sale of goods
in Vietnam.
c) Foreign organizations
and individuals that negotiate and conclude contracts in their names via
Vietnamese organizations and individuals.
d) Foreign organizations
and individuals exercising the right to export, right to import and distribute
goods in the Vietnamese market, buying goods for export, selling goods to
Vietnamese traders as prescribed by trade laws.
2. VAT applied to foreign
organizations and individuals doing business in Vietnam prescribed in this
Article are not applied to:
a) Organizations that are
established in accordance with the law of Vietnam.
b) Foreign organizations
and individuals that provide goods for Vietnamese organizations and individuals
without attached services rendered in Vietnam and deliver goods to foreign
border checkpoints: The seller shall bear all the responsibilities, costs and
risks associated with the export of goods and delivery of goods to the foreign
border checkpoint; the buyer shall bear all the responsibilities, costs and
risks associated with the receipt of goods, transport of goods form the foreign
border checkpoint to Vietnam (even if goods are delivered at the foreign border
checkpoint under a contract which prescribes that the seller is responsible for
providing warranty).
c) Foreign organizations
and individuals that provide goods for Vietnamese organizations and individuals
without attached services rendered in Vietnam and deliver goods to Vietnamese
border checkpoints: The seller shall bear all the responsibilities, costs and
risks associated with the goods until they are delivered to the Vietnamese
border checkpoint; the buyer shall bear all the responsibilities, costs and
risks associated with the receipt of goods, transport of goods from the Vietnamese
border checkpoint (even if goods are delivered to the Vietnamese border
checkpoint under a contract which prescribes that the seller is responsible for
providing warranty).
d) Foreign organizations
and individuals providing repair services (with or without spare parts) of
vehicles, equipment (including submarine cables, transmission devices) for
Vietnamese organizations and individuals where these services are rendered
overseas.
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e) Foreign organizations
and individuals providing trade and investment promotion services for
Vietnamese organizations and individuals where these services are rendered
overseas.
g) Foreign organizations
and individuals brokering sale of goods or provision of services from Vietnam
to other countries for Vietnamese organizations and individuals where these
services are rendered overseas.
h) Foreign organizations
and individuals providing training services (except online training) for
Vietnamese organizations and individuals where these services are rendered
overseas.
i) Foreign organizations
and individuals providing international telecommunications services between
Vietnam and foreign countries and collecting interconnection charges; services
for lease of foreign satellite frequency bands and transmission lines as
prescribed by the Law on Telecommunications; providing international postal
services between Vietnam and foreign countries and collecting interconnection
charges as prescribed by the Law on Post and international treaties on post to
which the Socialist Republic of Vietnam is a signatory for Vietnamese
organizations and individuals where these services are rendered overseas.
k) Foreign organizations
and individuals using bonded warehouses, inland clearance depots (ICD) as
warehouses serving international transport, transit, merchanting trade, storage
of goods, or for processing by other enterprises.
l) Foreign organizations
and individuals providing other goods and services for Vietnamese organizations
and individuals where these services are provided overseas and are not consumed
in Vietnam.
3. Goods and services subject
to VAT applied to foreign organizations and individuals doing business in
Vietnam:
a) Services or services
attached to goods that are subject to VAT provided by foreign contractors and
subcontractors under main contracts or subcontracts and are used for
production, business operation (hereinafter referred to as “business
operation”) and consumption in Vietnam (except the cases specified in Clause 2
of this Article) where these services are provided in Vietnam and used in
Vietnam.
b) Services or services
attached to goods that are subject to VAT provided by foreign contractors and
subcontractors under main contracts or subcontracts and are used for
production, business operation (hereinafter referred to as “business
operation”) and consumption in Vietnam (except the cases specified in Clause 2
of this Article) where these services are provided outside of Vietnam and used
in Vietnam.
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4. Method for
determination of VAT payable:
a) Revenue-based VAT
shall be determined according to the price on which VAT is imposed (hereinafter
referred to as “taxable price”) and VAT rate. Taxable price is the entire
revenue from provision of services, services attached to goods subject to VAT
received by the foreign contractor/subcontractor, excluding taxes payable,
including the costs paid by the Vietnamese party on behalf of the foreign
contractor/subcontractor (if any) as prescribed in Article 13 of Decree No.
181/2025/ND-CP.
b) The amount of
revenue-based VAT payable is calculated by multiplying taxable revenue by VAT
rate (%).
c) Foreign contractors
and subcontractors that are payers of revenue-based VAT must not deduct VAT on
goods and services purchased for execution of their main contracts and
subcontracts.
5. Calculation of revenue
subject to VAT (hereinafter referred to as “taxable revenue”) in certain cases:
a) If the revenue
received by the foreign contractor/subcontractor is exclusive of VAT payable
according to the agreements in the main contract/subcontract, taxable revenue
shall be converted into VAT-inclusive revenue and calculated as follows:
Taxable revenue
=
VAT-exclusive revenue
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b) In cases where the
foreign contractor signs a contract with a Vietnamese subcontractor or foreign
subcontractor that pays tax using the credit-invoice method to assign part of
the works or items to the subcontractor according to the main contract with the
Vietnamese party and the list of Vietnamese subcontractors and foreign
subcontractors that perform the assigned works or items is attached to the main
contract, the taxable revenue of the foreign contractor shall exclude the value
of the works performed by the Vietnamese subcontractor or foreign
subcontractor.
In cases where the
foreign contractor signs contracts with suppliers in Vietnam to buy raw
materials and equipment for execution of the main contract, goods and services
for internal consumption, spending that is not the items and works performed by
the foreign contractor under the main contract, the value of these goods and
services shall not be deductible when calculating taxable revenue of the
foreign contractor.
c) In cases where the
foreign contractor signs a contract with a foreign subcontractor that pays tax
using the direct method, the Vietnamese party shall declare and pay VAT on
behalf of the foreign contractor and the foreign subcontractor at the
revenue-based VAT rate corresponding to the business lines performed by such
foreign contractor and foreign subcontractor under the main contract and the
subcontract. The foreign contractor and the foreign subcontractor are not
required to declare and pay VAT on the value of works on which VAT has been
declared and paid on their behalf.
d) Taxable revenue from
rental of equipment and vehicle shall be the total rent. If the revenue from
rental of equipment and vehicle is inclusive of the costs directly paid by the
lessee such as vehicle insurance, maintenance, certification, operators,
machinery and cost of transport of machinery and equipment from the foreign
country to Vietnam, taxable revenue shall not include these costs if they have
documentary evidence.
dd) For outbound
international logistics services (from Vietnam to other countries), regardless
of whether the service charges are paid by the consignor or consignee, taxable
revenue shall be the total revenue received by the foreign contractor excluding
the international shipping charges payable to the carrier (airline or shipper)
e) For outbound shipping
services (from Vietnam to other countries), regardless of whether the service
charges are paid by the consignor or consignee, taxable revenue shall be the
total revenue received by the foreign contractor.
6. Revenue-based VAT
rates
a) Revenue-based VAT
rates applicable to foreign organizations and individuals doing business in
Vietnam (except services provided via e-commerce channels and digital
platforms) shall comply with Point b Clause 2 Article 12 of VAT Law and Article
5 of this Circular.
b) In cases where a main
contract/subcontract consists of various business operations, or part of the
contract is not subject to VAT, revenue-based VAT rates shall be determined
according to the taxable revenue from each business operation performed by the
foreign contractor/subcontractor under the main contract/subcontract. In
revenue from each business operation cannot be separated, the highest VAT rate
of the business line shall be applied to the total contract value.
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c) For contracts for
supply of equipment associated with services rendered in Vietnam, if the value
of equipment and the value of services can be separated when calculating VAT
payable, separate VAT rates shall apply to corresponding parts of the contract.
If the value of equipment and the value of services cannot be separated, 3% VAT
shall apply.
7. VAT incurred by
foreign contractors and sub-contractors providing goods and services for
petroleum exploration and extraction:
a) In cases where the
foreign contractor/sub-contractor that provides goods and services for
petroleum exploration and extraction does not satisfy the requirements for VAT
deduction, the Vietnamese party shall deduct and pay VAT on behalf of the
foreign contractor/sub-contractor before making payment. VAT deducted equals
(=) VAT-exclusive amount payable multiplied by (x) VAT rate on the goods and
services provided by the foreign contractor.
b) In cases where the
foreign contractor/sub-contractor that provides goods and services for
petroleum exploration and extraction satisfies the requirements for VAT deduction
or has a permanent establishment in Vietnam, or is a Vietnamese resident and
has been doing business in Vietnam under the main contract/subcontract for at
least 183 days from the effective date of such main contract/subcontract and
does accounting works in accordance with accounting laws and instructions of
the Ministry of Finance:
If the Vietnamese party
pays the foreign contractor/sub-contractor before the foreign
contractor/sub-contractor is granted the taxpayer registration certificate by
the tax authority to declare and pay VAT using the credit-invoice method, the
Vietnamese party shall deduct and pay VAT on behalf of the foreign
contractor/sub-contractor before making such payment as prescribed in Point a
of this Clause. When the foreign contractor/sub-contractor is granted the
taxpayer registration certificate by the tax authority, the foreign
contractor/sub-contractor shall send the invoices and records generated in the
tax period to the Vietnamese party for declaration and payment of VAT on behalf
of the foreign contractor/sub-contractor.
The foreign
contractor/sub-contractor must not deduct input VAT incurred before the
taxpayer registration certificate is granted.
8. A “main contract”
prescribed in this Circular can be a contract, agreement or commitment between
a foreign contractor and the Vietnamese party. A “subcontract” prescribed
in this Circular can be a contract, agreement or commitment between a foreign
or Vietnamese subcontractor and a foreign contractor.
9. Regulations on
permanent establishments and residents shall be implemented in accordance with
regulations of law on corporate income tax and personal income tax.
Article 10. Effect
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2. This Circular
replaces:
a) Circular No. 219/2013/TT-BTC
dated December 31, 2013 of the Ministry of Finance of Vietnam providing
guidelines for implementation of the Law on Value-added tax and the
Government’s Decree No. 209/2013/ND-CP dated December 18, 2013 elaborating and
providing guidelines for the Law on Value-added tax.
b) Circular No.
193/2015/TT-BTC dated November 24, 2015 of the Ministry of Finance of Vietnam
amending Circular No. 219/2013/TT-BTC dated December 31, 2013 of the Ministry
of Finance of Vietnam providing guidelines for implementation of the Law on
Value-added tax and the Government’s Decree No. 209/2013/ND-CP dated December
18, 2013 elaborating and providing guidelines for the Law on Value-added tax.
c) Circular No.
173/2016/TT-BTC dated October 28, 2016 of the Ministry of Finance of Vietnam
amending the first paragraph of Clause 3 Article 15 of the Circular No.
219/2013/TT-BTC dated December 31, 2013 of the Ministry of Finance of Vietnam
(amended by Circular No. 119/2014/TT-BTC dated August 25, 2014, Circular No.
151/2014/TT-BTC dated October 10, 2014, Circular No. 26/2015/TT-BTC dated
February 27, 2015 of the Ministry of Finance of Vietnam).
d) Circular No.
82/2018/TT-BTC dated August 30, 2018 of the Ministry of Finance of Vietnam
removing Example 37 in point a.4 clause 10 Article 7 of Circular No.
219/2013/TT-BTC dated December 31, 2013 of the Ministry of Finance of Vietnam
providing guidelines for implementation of the Law on Value-added tax and the
Government’s Decree No. 209/2013/ND-CP dated December 18, 2013 elaborating and providing
guidelines for implementation of the Law on Value-added tax.
dd) Circular No.
43/2021/TT-BTC dated June 11, 2021 of the Ministry of Finance of Vietnam
amending clause 11 Article 10 of Circular No. 219/2013/TT-BTC dated December
31, 2013 of the Ministry of Finance of Vietnam providing guidelines for
implementation of the Law on Value-added tax and the Government’s Decree No.
209/2013/ND-CP dated December 18, 2013 elaborating and providing guidelines for
implementation of the Law on Value-added tax (amended by Circular No.
26/2015/TT-BTC dated February 27, 2015 of the Ministry of Finance of Vietnam).
e) Circular No.
13/2023/TT-BTC dated February 28, 2023 of the Ministry of Finance of Vietnam
providing guidelines for implementation of the Government's Decree No.
49/2022/ND-CP dated July 29, 2022 amending the Government’s Decree No.
209/2013/ND-CP dated December 18, 2013 elaborating and providing guidelines for
implementation of some Articles of the Law on Value-added tax, which is amended
by Decree No. 12/2015/ND-CP, Decree No. 100/2016/ND-CP and Decree No.
146/2017/ND-CP, and amending Circular No. 80/2021/TT-BTC dated September 29,
2021 of the Ministry of Finance of Vietnam.
3. The following
regulations are annulled:
a) Chapter 2 of Circular
No. 09/2011/TT-BTC dated January 21, 2011 of the Minister of Finance providing
guidance on VAT and corporate income tax on insurance business.
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c) Articles 6, 9, 12 and
15 of Circular No. 103/2014/TT-BTC dated August 06, 2014 of the Minister of
Finance providing guidance on tax obligations of foreign organizations and
individuals doing business in Vietnam or earning incomes in Vietnam.
d) Article 3 of Circular
No. 119/2014/TT-BTC dated August 25, 2014 on amending some Articles of Circular
No. 156/2013/TT-BTC dated November 06, 2013, Circular No. 111/2013/TT-BTC dated
August 15, 2013, Circular No. 219/2013/TT-BTC dated December 31, 2013, Circular
No. 08/2013/TT-BTC dated January 10, 2013, Circular No. 85/2011/TT-BTC dated
June 17, 2011, Circular No. 39/2014/TT-BTC dated March 31, 2014, and Circular
No. 78/2014/TT-BTC dated June 18, 2014 of the Ministry of Finance in order to
simplify tax-related procedures.
dd) Chapter II of
Circular No. 151/2014/TT-BTC dated October 10, 2014 of the Ministry of Finance
of Vietnam providing guidelines for implementation of the Government's Decree
No. 91/2014/ND-CP dated October 01, 2014 on amendments to tax Decrees.
e) Article 1 of Circular
No. 26/2015/TT-BTC dated February 27, 2015 of the Ministry of Finance of
Vietnam providing guidelines for VAT and tax administration under the
Government's Decree No. 12/2015/ND-CP dated February 12, 2015 providing
guidelines for implementation of the Law on Amendments to tax laws and tax
decrees, and amendments to Circular No. 39/2014/TT-BTC dated March 31, 2014 of
the Ministry of Finance of Vietnam on invoices for goods sale and service
provision.
g) Article 1 of Circular
No. 130/2016/TT-BTC dated August 12, 2016 of the Ministry of Finance of Vietnam
providing guidelines for implementation of the Government’s Decree No.
100/2016/ND-CP dated July 01, 2016 elaborating the Law on Amendments to the Law
on Value-added tax, the Law on Excise Tax and the Law on Tax Administration and
some Circulars on taxation.
h) Article 1 of Circular
No. 93/2017/TT-BTC dated September 19, 2017 of the Ministry of Finance of
Vietnam amending Clause 3 and Clause 4 Article 12 of Circular No.
219/2013/TT-BTC dated December 31, 2013 of the Ministry of Finance of Vietnam
(amended by Circular No. 119/2014/TT-BTC dated August 25, 2014) and annulling
Clause 7 Article 11 of Circular No. 156/2013/TT-BTC dated November 06, 2013 of
the Minister of Finance.
i) Article 1 and Article
2 of Circular No. 25/2018/TT-BTC dated March 16, 2018 of the Ministry of
Finance of Vietnam providing guidelines for implementation of the Government’s
Decree No. 146/2017/ND-CP dated December 15, 2017 amending Circular No.
78/2014/TT-BTC dated June 18, 2014 of the Ministry of Finance of Vietnam and
Circular No. 111/2013/TT-BTC dated August 15, 2013 of the Ministry of Finance
of Vietnam.
4. Difficulties that
arise during the implementation of this Circular should be promptly reported to
the Ministry of Finance for timely resolution./.
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MINISTER
DEPUTY MINISTER
Cao Anh Tuan
APPENDIX I
VAT RATES ON DIFFERENT
CATEGORIES OF GOODS AND SERVICES
(Promulgated together with Circular No. 69/2025/TT-BTC dated July 01, 2025 of
the Minister of Finance)
No.
Category of goods and services
VAT rate
1
Distribution and
supply of goods prescribed in Point b1 Clause 2 Article 12 of the Law on
Value-added Tax
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b) Sales bonuses and
sales compensations, promotions, sales discounts, payment discounts, monetary
or non-monetary assistance for household businesses.
1%
2
Services,
construction without building materials prescribed in Point b2 Clause 2
Article 12 of the Law on Value-added Tax
a) Lodging services
including: provision of short-term lodging establishments for tourists and
other visitors; provision of long-term lodging establishments other than
apartments for students, workers and similar lodgers, provision of lodging
establishments together with food and beverage (F&B) services or
entertainment.
b) Material handling
and other supporting services related to transport such as station, parking,
ticket selling.
c) Postal services and
mailing.
d) Commissions for
running agents, auction and brokerage services.
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e) Data processing
services, lease on information portals, IT and telecommunications equipment;
advertising on digital content products and services.
g) Office assistance
services and other business assistance services.
h) Steambath, massage,
karaoke, nightclub, billiards, Internet, and video game services;
i) Tailoring, laundry
services; hairdressing and shampooing services.
k) Other repair
services including computer repair and domestic appliance repair.
l) Infrastructural
development consultancy, design, and supervision services.
m) Other services
subject to 10% VAT calculated using credit-invoice method.
n) Construction and
installation without building materials (including installation of industrial
machinery and equipment).
o) Asset lease,
including:
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- Lease of vehicles and
equipment without operators.
- Lease of other assets
without associated services.
5%
3
Production,
transport, services associated with goods, construction inclusive of building
materials prescribed in Point b3 Clause 2 Article 12 of the Law on
Value-added Tax
a) Manufacture and
processing products and goods.
b) Mineral extraction
and processing.
c) Cargo and passenger
transport.
d) Services attached to
goods such as training, maintenance, technology transfer attached to goods
sale.
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e) Repair and
maintenance of machinery and equipment, vehicles, automobiles, motorcycles
and other motor vehicles.
g) Construction and
installation inclusive of building materials (including installation of
industrial machinery and equipment).
h) Other activities
subject to 10% VAT calculated using credit-invoice method.
3%
4
Other business
operations prescribed in Point b4 Clause 2 Article 12 of the Law on
Value-added Tax
a) Manufacture of
products subject to 5% VAT calculated using credit-invoice method.
b) Provision of
services subject to 5% VAT calculated using credit-invoice method.
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2%
APPENDIX II
DETERMINATION OF REFUNDABLE
VAT ON EXPORTED GOODS AND SERVICES
(Promulgated together with Circular No. 69/2025/TT-BTC dated July 01, 2025
of the Minister of Finance)
Refundable VAT on goods
and services exported by business establishments that have both exported goods
and services and domestically sold goods and services in the month or quarter
shall be calculated as follows:
Deductible input VAT on purchases serving production or
sale of exported goods and services in the tax refund period (1)
=
Separable deductible input VAT on purchases serving
production or sale of exported goods and services in the tax refund period
(2)
+
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Inseparable deductible input VAT on purchases serving
production or sale of both exported and domestically sold goods and services
in the tax refund period (3)
x
Revenue from exported goods and services (excluding
revenue from goods that are imported and then exported to other countries) in
the tax refund period
)
Total revenue from taxable goods and services in the tax
refund period
Separable deductible input VAT on purchases serving
production or sale of exported goods and services in the tax refund period
(2)
=
Separable residual input VAT on purchases serving
production or sale of exported goods and services carried forward to the
first tax period of the tax refund period
...
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Separable deductible input VAT on purchases serving
production or sale of exported goods and services incurred in tax periods of
the tax refund period
+
Difference in separable deductible input VAT on purchases
serving production or sale of exported goods and services incurred in tax
periods preceding the tax refund period (4)
Inseparable deductible input VAT on purchases serving
production or sale of both exported and domestically sold goods and services
in the tax refund period (3)
=
Inseparable residual input VAT on purchases serving
production or sale of both exported and domestically sold goods and services
carried forward to the first tax period of the tax refund period
+
Inseparable deductible input VAT on purchases serving
production or sale of both exported and domestically sold goods and services
incurred in tax periods of the tax refund period
...
...
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Difference in inseparable deductible input VAT on
purchases serving production or sale of both exported and domestically sold
goods and services incurred in tax periods preceding the tax refund period
(5)
Where:
Difference in separable
deductible input VAT on purchases serving production or sale of exported goods
and services incurred in tax periods preceding the tax refund period (4) =
Increase in separable deductible input VAT on purchases serving production or
sale of exported goods and services incurred in tax periods preceding the tax
refund period minus (-) Decrease in separable deductible input VAT on purchases
serving production or sale of exported goods and services incurred in tax
periods preceding the tax refund period.
Difference in inseparable
deductible input VAT on purchases serving production or sale of both exported
and domestically sold goods and services incurred in tax periods preceding the
tax refund period (5) = Increase in inseparable deductible input VAT on
purchases serving production or sale of both exported and domestically sold
goods and services incurred in tax periods preceding the tax refund period
minus (-) Decrease in inseparable deductible input VAT on purchases serving
production or sale of both exported and domestically sold goods and services
incurred in tax periods preceding the tax refund period.
After deductible input
VAT on purchases serving production or sale of exported goods and services in
the tax refund period (1) is offset against VAT payable on domestically sold
goods and services, if residual input VAT is 300 million VND or more, it will
be refunded. The refunded VAT on exported goods and services shall not exceed
10% of the revenue from such exported goods and services in the tax refund
period (except revenue from goods that are imported and then exported to other
countries).
APPENDIX III
DETERMINATION OF REFUNDABLE
VAT ON PRODUCTION OF GOODS AND PROVISION SERVICES SUBJECT TO 5% VAT
(Promulgated together with Circular No. 69/2025/TT-BTC dated July 01, 2025 of
the Minister of Finance)
Refundable VAT on
production of goods and provision of services subject to 5% VAT shall be
calculated as follows:
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=
Separable deductible input VAT on purchases serving
production of goods or provision of services subject to 5% VAT in the tax
refund period (2)
+
(
Inseparable deductible input VAT on purchases serving
production of goods or provision of services subject to both 5% VAT and those
subject to other VAT rates (including commercial goods and services subject
to 5% VAT) in the tax refund period (3)
x
Revenue from production of goods or provision of services
subject to 5% VAT of the tax refund period
)
Total revenue from taxable goods and services in the tax
refund period
...
...
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Separable deductible input VAT on purchases serving
production of goods or provision of services subject to 5% VAT in the tax
refund period (2)
=
Separable residual input VAT on purchases serving
production or provision of services subject to 5% VAT carried forward to the
first tax period of the tax refund period
+
Separable deductible input VAT on purchases serving
production of goods or provision of services subject to 5% VAT incurred in
tax periods of the tax refund period
+
Difference in separable deductible input VAT on purchases
serving production of goods or provision of services subject to 5% VAT
incurred in tax periods preceding the tax refund period (4)
Inseparable deductible input VAT on purchases serving
production of goods or provision of services subject to both 5% VAT and those
subject to other VAT rates (including commercial goods and services subject
to 5% VAT) in the tax refund period (3)
...
...
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Inseparable residual input VAT on purchases serving
production of goods or provision of services subject to both 5% VAT and those
subject to other VAT rates (including commercial goods and services subject
to 5% VAT) carried forward to the first tax period of the tax refund period
+
Inseparable deductible input VAT on purchases serving
production of goods or provision of services subject to both 5% VAT and those
subject to other VAT rates (including commercial goods and services subject
to 5% VAT) incurred in tax periods of the tax refund period
+
Difference in inseparable deductible input VAT on purchases
serving production of goods or provision of services subject to both 5% VAT
and those subject to other VAT rates (including commercial goods and services
subject to 5% VAT) incurred in tax periods preceding the tax refund period
(5)
Where:
Difference in separable
deductible input VAT on purchases serving production of goods or provision of
services subject to 5% VAT incurred in tax periods preceding the tax refund
period (4) = Increase in separable deductible input VAT on purchases serving
production of goods or provision of services subject to 5% VAT incurred in tax
periods preceding the tax refund period minus (-) Decrease in separable
deductible input VAT on purchases serving production of goods or provision of
services subject to 5% VAT incurred in tax periods preceding the tax refund
period.
Difference in inseparable
deductible input VAT on purchases serving production of goods or provision of
services subject to both 5% VAT and those subject to other VAT rates (including
commercial goods and services subject to 5% VAT) incurred in tax periods
preceding the tax refund period (5) = Increase in inseparable deductible input
VAT on purchases serving production of goods or provision of services subject
to both 5% VAT and those subject to other VAT rates (including commercial goods
and services subject to 5% VAT) incurred in tax periods preceding the tax
refund period minus (-) Decrease in inseparable deductible input VAT on
purchases serving production of goods or provision of services subject to both
5% VAT and those subject to other VAT rates (including commercial goods and
services subject to 5% VAT) incurred in tax periods preceding the tax refund
period.
After deductible input
VAT on purchases serving production of goods or provision of services subject
to 5% VAT in the tax refund period (1) is offset against VAT payable on
purchases serving production of goods or provision of services subject to
various VAT rates (including commercial goods and services subject to 5% VAT),
if residual input VAT is 300 million VND or more, it will be refunded.