xem bóng đá trực tiếp vtv2What are 06 types of imports exempt from VAT in Vietnam according to new Law from July 1, 2025?

What are 06 types of importsexempt from VAT in Vietnam according to new Law from July 1, 2025?

Pursuant to Clause 26, Article 5 of xem bóng đá trực tiếp vtv2Value-Added Tax Law 2024stipulating as follows:

- Gifts for state agencies, political organizations, socio-political organizations, socio-professional political organizations, social organizations, socio-professional organizations, and armed forces units within xem bóng đá trực tiếp vtv2 duty-free import limits as regulated by xem bóng đá trực tiếp vtv2 law on export and import taxes;

- Gifts within xem bóng đá trực tiếp vtv2 duty-free import limits as regulated by xem bóng đá trực tiếp vtv2 law on export and import taxes from foreign organizations or individuals to Vietnamese individuals; goods of foreign organizations or individuals according to diplomatic immunity standards and moving assets within xem bóng đá trực tiếp vtv2 duty-free import limits as regulated by xem bóng đá trực tiếp vtv2 law on export and import taxes;

- Goods within xem bóng đá trực tiếp vtv2 duty-free import standards of luggage under xem bóng đá trực tiếp vtv2 law on export and import taxes;

- imports for support, sponsorship for disaster, natural disaster, epidemic, and war recovery in accordance with xem bóng đá trực tiếp vtv2 Government of Vietnam's regulations;

- Goods traded or exchanged across borders for production or consumption by border residents in xem bóng đá trực tiếp vtv2 list of goods traded, exchanged by border residents as stipulated by law and within xem bóng đá trực tiếp vtv2 duty-free import limits as regulated by xem bóng đá trực tiếp vtv2 law on export and import taxes;

- Artifacts, antiques, national treasures as stipulated by xem bóng đá trực tiếp vtv2 law on cultural heritage imported by a competent state authority.

What are06 types ofimportsexempt from VAT in Vietnamaccording to new Law from July 1, 2025? (Image from xem bóng đá trực tiếp vtv2 Internet)

What is xem bóng đá trực tiếp vtv2 time for determining VAT in Vietnam from July 1, 2025?

Pursuant to Article 8 of xem bóng đá trực tiếp vtv2Value-Added Tax Law 2024stipulating xem bóng đá trực tiếp vtv2 time for determining VAT as follows:

- For goods, it is xem bóng đá trực tiếp vtv2 time of transfer of ownership or use rights to xem bóng đá trực tiếp vtv2 buyer or xem bóng đá trực tiếp vtv2 time of issuing xem bóng đá trực tiếp vtv2 invoice, regardless of whether xem bóng đá trực tiếp vtv2 money has been collected or not;

- For services, it is xem bóng đá trực tiếp vtv2 time of completion of service provision or xem bóng đá trực tiếp vtv2 time of issuing xem bóng đá trực tiếp vtv2 service provision invoice, regardless of whether xem bóng đá trực tiếp vtv2 money has been collected or not.

*Note:xem bóng đá trực tiếp vtv2 Government of Vietnam will regulate xem bóng đá trực tiếp vtv2 time for determining value-added tax for xem bóng đá trực tiếp vtv2 following goods and services:

- Exported goods, imports;

- Telecommunication services;

- Insurance business services;

- Electricity provision activities, electricity, and clean water production activities;

- Real estate business activities;

- Construction, installation, and petroleum activities.

What are regulations onplaces of VAT submission in Vietnam?

Pursuant to Article 20 ofCircular 219/2013/TT-BTCregulating xem bóng đá trực tiếp vtv2 place of VAT submission as follows:

(1) Taxpayers declare and submit VAT in xem bóng đá trực tiếp vtv2 locality where production or business occurs.

(2) Taxpayers declaring and submitting VAT by xem bóng đá trực tiếp vtv2 deduction method with dependent accounting production facilities located in a province or centrally-run city different from xem bóng đá trực tiếp vtv2 one where xem bóng đá trực tiếp vtv2 headquarters is located must submit VAT at xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 production facility is and at xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 headquarters is situated.

(3) Business enterprises, cooperatives applying xem bóng đá trực tiếp vtv2 direct method have production facilities in provinces, centrally-run cities different from where their headquarters are situated, or have transient foreign sales activities must declare and submit VAT by a percentage on sales for revenue generated outside xem bóng đá trực tiếp vtv2 province at xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 production facility or transient sales are located. Businesses, cooperatives do not have to submit VAT by percentage on sales at xem bóng đá trực tiếp vtv2 headquarters for revenues generated outside xem bóng đá trực tiếp vtv2 province where sales have been declared and submitted.

(4) In cases of telecommunications service businesses providing postpaid telecommunications services in a province or centrally-run city different from where xem bóng đá trực tiếp vtv2 main headquarters is located and having established dependent accounting branches submitting VAT by xem bóng đá trực tiếp vtv2 deduction method jointly participating in providing postpaid telecommunications services in that locality, xem bóng đá trực tiếp vtv2 telecommunications service business performs VAT declaration and submission for postpaid telecommunications services as follows:

- Declare VAT for xem bóng đá trực tiếp vtv2 revenue of postpaid telecommunications services for xem bóng đá trực tiếp vtv2 entire business with xem bóng đá trực tiếp vtv2 tax authority managing xem bóng đá trực tiếp vtv2 main headquarters directly.

- Submit VAT at both xem bóng đá trực tiếp vtv2 locality of xem bóng đá trực tiếp vtv2 main headquarters and xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 dependent accounting branch is located.

xem bóng đá trực tiếp vtv2 VAT amount to be submitted at xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 dependent accounting branch is located is determined by a rate of 2% (for postpaid telecommunications services subject to VAT at xem bóng đá trực tiếp vtv2 rate of 10%) on revenue (exclusive of VAT) of postpaid telecommunications services at xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 dependent accounting branch is located.

(5) xem bóng đá trực tiếp vtv2 declaration and submission of VAT shall comply with xem bóng đá trực tiếp vtv2 provisions of xem bóng đá trực tiếp vtv2 Tax Administration Law and legal guiding documents on implementing xem bóng đá trực tiếp vtv2 Tax Administration Law.

*Note:Value-Added Tax Law 2024is effective from July 1, 2025.