trực tiếp bóng đá hôm nay euroAre individual businesses whose revenue from business operations is less than 100 million VND required to declare taxes in Vietnam?

Are individual businesses whose revenue from business operations is less than 100 million VND required to declare taxes in Vietnam?

Under Clause 2, Article 4 ofCircular 40/2021/TT-BTC, trực tiếp bóng đá hôm nay euro provisions are as follows:

Tax calculation rules

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2. A household business or individual business whose revenue from business operation in trực tiếp bóng đá hôm nay euro calendar year is less than 100 million VND shall not be required to pay VAT and PIT as prescribed by VAT and PIT laws. Household businesses and individual businesses shall declare tax truthfully and accurately; submit tax documents punctually; take legal responsibility for trực tiếp bóng đá hôm nay euro accuracy, truthfulness and adequacy of trực tiếp bóng đá hôm nay euro tax documents submitted.

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Therefore, individual businesses whose revenue from business operations in trực tiếp bóng đá hôm nay euro calendar year is less than 100 million VND are not subject to VAT and PIT according to trực tiếp bóng đá hôm nay euro provisions of VAT and PIT laws.

Individual businesses shall declare tax truthfully and accurately; submit tax documents punctually; and take legal responsibility for trực tiếp bóng đá hôm nay euro accuracy, truthfulness, and adequacy of trực tiếp bóng đá hôm nay euro tax documents submitted..

What is trực tiếp bóng đá hôm nay euro licensing fee paid by individual businesses whose revenue from business operations is less than 100 million VND in Vietnam?

According to trực tiếp bóng đá hôm nay euro provisions at Point c, Clause 2, Article 4 ofDecree 139/2016/ND-CP, supplemented by Point a, Clause 2, Article 1 ofDecree 22/2020/ND-CP:

Rate of licensing fees

1. trực tiếp bóng đá hôm nay euro rate of licensing fees for trực tiếp bóng đá hôm nay euro organizations having trực tiếp bóng đá hôm nay euro production and business of goods and services is as follows:

a) trực tiếp bóng đá hôm nay euro organizations with charter capital and investment capital over 10 billion dong: 3,000,000 dong/year;

b) trực tiếp bóng đá hôm nay euro organizations with charter capital and investment capital of less than 10 billion dong: 2,000,000 dong/year;

c) trực tiếp bóng đá hôm nay euro branches, representative offices, business location, public service providers and other business organizations: 1,000,000 dong/year;

trực tiếp bóng đá hôm nay euro rate of licensing fees for trực tiếp bóng đá hôm nay euro organizations specified under Point a and b of this Paragraph is based on trực tiếp bóng đá hôm nay euro charter capital written in trực tiếp bóng đá hôm nay euro certificate of business registration or on trực tiếp bóng đá hôm nay euro investment capital written in trực tiếp bóng đá hôm nay euro certificate of investment registration in case of no charter capital.

2. trực tiếp bóng đá hôm nay euro rate of licensing fees for trực tiếp bóng đá hôm nay euro individuals and households having trực tiếp bóng đá hôm nay euro production and business of goods and services is as follows:

a) trực tiếp bóng đá hôm nay euro individuals, groups of individuals and households with revenues over 500 million dong/year: 1,000,000 dong/year;

b) trực tiếp bóng đá hôm nay euro individuals, groups of individuals and households with revenues between 300 and 500 million dong/year: 500,000 dong/year;

c) trực tiếp bóng đá hôm nay euro individuals, groups of individuals and households with revenues between 100 and 300 million dong/year: 300,000 dong/year;

d) Revenues used as trực tiếp bóng đá hôm nay euro basis for determining trực tiếp bóng đá hôm nay euro license fees payable by individuals, groups of individuals and household businesses shall be determined according to guidance given by trực tiếp bóng đá hôm nay euro Ministry of Finance

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Thus,according to trực tiếp bóng đá hôm nay euro above provisions, individual businesses whose revenue from business operations is less than 100 million VND in Vietnam are exempt from licensing fees.

* Note:From trực tiếp bóng đá hôm nay euro time revenue of individual businesses exceeds VND 100 million to VND 300 million/year, trực tiếp bóng đá hôm nay euro licensing fee will be VND 300,000/year.

Are individual businesses whose revenue from business operations is less than 100 million VND required to declare taxes in Vietnam? (Image from trực tiếp bóng đá hôm nay euro Internet)

What is trực tiếp bóng đá hôm nay euro deadline for declaring and paying licensing fees for individual businesses whose revenue from business operations is less than 100 million VND in Vietnam?

According to trực tiếp bóng đá hôm nay euro provisions in Clause 1, Article 10 ofDecree 126/2020/ND-CPregarding trực tiếp bóng đá hôm nay euro deadlines for submission of declarations of land-related amounts, licensing fees, registration fees, fees for grant of rights and other amount payables prescribed by regulations of law on management and use of public property:

Deadlines for submission of declarations of land-related amounts, licensing fees, registration fees, fees for grant of rights and other amount payables prescribed by regulations of law on management and use of public property

Tax declaration dossiers shall be submitted by trực tiếp bóng đá hôm nay euro deadlines specified in Article 44 of trực tiếp bóng đá hôm nay euro Law on Tax administration. trực tiếp bóng đá hôm nay euro deadlines for submitting declarations of land-related amounts, licensing fees, registration fees, licensing fees and other amount payables prescribed by regulations of law on management and use of public property prescribed in Clause 5 Article 44 of trực tiếp bóng đá hôm nay euro Law on Tax administration are specified in below:

1. Licensing fees

a) New businesses (except household businesses and individual businesses), including medium and small enterprises converted from household businesses) and existing businesses that establish new dependent units or business location shall submit trực tiếp bóng đá hôm nay euro licensing fee declaration by January 30 of trực tiếp bóng đá hôm nay euro year preceding trực tiếp bóng đá hôm nay euro establishment or inauguration year.

In case capital in changed during trực tiếp bóng đá hôm nay euro year, trực tiếp bóng đá hôm nay euro licensing fee payer shall submit trực tiếp bóng đá hôm nay euro declaration by January 30 of trực tiếp bóng đá hôm nay euro year succeeding trực tiếp bóng đá hôm nay euro year in which trực tiếp bóng đá hôm nay euro change occurs.

b) Household businesses and individual businesses are not required to submit licensing fee declarations. Tax authorities shall determine trực tiếp bóng đá hôm nay euro licensing fees payable according to their tax declaration dossiers and tax administration database and inform them in accordance with Article 14 of this Decree.

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Thus,if individualbusinesses have revenue from business operations that is less than 100 million VND (meaning that they are not required to submit a licensing feedeclaration dossier), in this case, tax authorities shall determine trực tiếp bóng đá hôm nay euro licensing fees payable according to their tax declaration dossiers and tax administration database and inform them.