From July 1, 2025, when shall a business establishment have trực tiếp bóng đá hôm nay euro residual VAT on trực tiếp bóng đá hôm nay euro investment project carried forward to trực tiếp bóng đá hôm nay euro next period in Vietnam?
From July 1, 2025, when shall a business establishment have trực tiếp bóng đá hôm nay euro residual VAT on trực tiếp bóng đá hôm nay euro investment project carried forward to trực tiếp bóng đá hôm nay euro next period in Vietnam?
Pursuant to Point b, Clause 2, Article 15 of trực tiếp bóng đá hôm nay euroLaw on Value-Added Tax 2024(effective from July 1, 2025), trực tiếp bóng đá hôm nay euro regulation regarding business establishments not being allowed to receive VAT refunds but are allowed to carry forward trực tiếp bóng đá hôm nay euro uncredited tax amount to trực tiếp bóng đá hôm nay euro next period in trực tiếp bóng đá hôm nay euro case of an investment project is as follows:
- trực tiếp bóng đá hôm nay euro investment project of trực tiếp bóng đá hôm nay euro business establishment does not contribute sufficient charter capital as registered at trực tiếp bóng đá hôm nay euro time of submitting trực tiếp bóng đá hôm nay euro tax refund dossier; engages in business in industries requiring business investment conditions without meeting trực tiếp bóng đá hôm nay euro business conditions as prescribed by investment law, or fails to maintain adequate business conditions during operations, except for investment projects in their initial investment phase as prescribed by investment law and special laws that do not require a request to trực tiếp bóng đá hôm nay euro competent state agency for a business license in industries requiring business investment conditions, and investment projects that under investment laws and special laws do not require a business license for investment industries requiring business conditions;
- Investment projects for trực tiếp bóng đá hôm nay euro exploitation of natural resources and minerals (excluding projects for trực tiếp bóng đá hôm nay euro exploration, surveying, and development of oil and gas fields as specified at Point a, Clause 2, Article 15 of trực tiếp bóng đá hôm nay euroLaw on Value-Added Tax 2024) and investment projects producing products that are exploited natural resources and minerals, which have been processed into other products as specified in Clause 23, Article 5 of trực tiếp bóng đá hôm nay euroLaw on Value-Added Tax 2024.
From July 1, 2025, when shall a business establishment have trực tiếp bóng đá hôm nay euro residual VAT on trực tiếp bóng đá hôm nay euro investment project carried forward to trực tiếp bóng đá hôm nay euro next period in Vietnam?(Image from Internet)
What are regulations on refund of VAT on investments in Vietnam?
Pursuant to Point a, Clause 2, Article 15 of trực tiếp bóng đá hôm nay euroLaw on Value-Added Tax 2024(effective from July 1, 2025), trực tiếp bóng đá hôm nay euro regulation regarding VAT refunds for investment projects is as follows:
- Business establishments that have registered to pay VAT using trực tiếp bóng đá hôm nay euro tax credit method and have investment projects (new investment projects, expanded investment projects) as prescribed by investment law (including investment projects divided into multiple investment stages or components, except for investment projects not forming fixed assets of trực tiếp bóng đá hôm nay euro enterprise) that are in trực tiếp bóng đá hôm nay euro investment phase or projects searching for exploration, and development of oil and gas fields in trực tiếp bóng đá hôm nay euro investment phase, where trực tiếp bóng đá hôm nay euro input VAT arises during trực tiếp bóng đá hôm nay euro investment period but has not yet been refunded, trực tiếp bóng đá hôm nay euro business establishment shall offset against trực tiếp bóng đá hôm nay euro payable VAT of ongoing production and business activities (if any). If, after offsetting, trực tiếp bóng đá hôm nay euro input VAT of trực tiếp bóng đá hôm nay euro investment project that has not been fully credited is 300 million or more, a VAT refund is available.
+ In cases where trực tiếp bóng đá hôm nay euro investment project is completed (including projects divided into multiple stages, investment components with completed investment stages, components) but trực tiếp bóng đá hôm nay euro business establishment has not yet implemented a VAT refund arising during trực tiếp bóng đá hôm nay euro investment phase (completed investment components, investment stages), trực tiếp bóng đá hôm nay euro business establishment shall submit a VAT refund dossier as prescribed within one year from trực tiếp bóng đá hôm nay euro date trực tiếp bóng đá hôm nay euro investment project or investment stage, investment component is completed.
+ trực tiếp bóng đá hôm nay euro date of project completion or completion of trực tiếp bóng đá hôm nay euro investment stage, investment component is trực tiếp bóng đá hôm nay euro date revenue arises from trực tiếp bóng đá hôm nay euro investment project or trực tiếp bóng đá hôm nay euro date revenue arises from trực tiếp bóng đá hôm nay euro investment stage, investment component. Revenue specified in this clause does not include revenue arising during trial operation, financial activity revenue, or liquidation of raw materials of trực tiếp bóng đá hôm nay euro investment project;
What are regulations oncredit-invoice methodin Vietnam?
Pursuant to Clause 1, Article 11 of trực tiếp bóng đá hôm nay euroLaw on Value-Added Tax 2024(effective from July 1, 2025), trực tiếp bóng đá hôm nay euro credit-invoice method is regulated as follows:
- trực tiếp bóng đá hôm nay euro VAT payable according to trực tiếp bóng đá hôm nay euro tax credit method is trực tiếp bóng đá hôm nay euro output VAT minus trực tiếp bóng đá hôm nay euro deductible input VAT;
- trực tiếp bóng đá hôm nay euro output VAT is trực tiếp bóng đá hôm nay euro total VAT on goods and services sold recorded on trực tiếp bóng đá hôm nay euro VAT invoice.
trực tiếp bóng đá hôm nay euro VAT on goods and services sold recorded on trực tiếp bóng đá hôm nay euro VAT invoice is determined by trực tiếp bóng đá hôm nay euro taxable price of goods and services sold multiplied by trực tiếp bóng đá hôm nay euro VAT rate applicable to those goods and services.
In cases where trực tiếp bóng đá hôm nay euro invoice records trực tiếp bóng đá hôm nay euro payment price as trực tiếp bóng đá hôm nay euro price that includes VAT, trực tiếp bóng đá hôm nay euro output VAT is determined by subtracting trực tiếp bóng đá hôm nay euro taxable price of VAT as defined at Point k, Clause 1, Article 7 of trực tiếp bóng đá hôm nay euroLaw on Value-Added Tax 2024from trực tiếp bóng đá hôm nay euro payment price;
- trực tiếp bóng đá hôm nay euro deductible input VAT is trực tiếp bóng đá hôm nay euro total VAT recorded on trực tiếp bóng đá hôm nay euro VAT invoice for purchasing goods, services, VAT payment documents for imported goods, or VAT payment documents in trực tiếp bóng đá hôm nay euro case of purchasing services specified in Clauses 3 and 4, Article 4 of trực tiếp bóng đá hôm nay euroLaw on Value-Added Tax 2024and meets trực tiếp bóng đá hôm nay euro conditions specified in Article 14 of trực tiếp bóng đá hôm nay euroLaw on Value-Added Tax 2024.
