Which entities are exempted from VAT payment in Vietnam under trực tiếp bóng đá việt nam hôm nay Law on Value-Added Tax in 2024?
Which entities areVAT payers in Vietnam under trực tiếp bóng đá việt nam hôm nay Law on Value-Added Taxin 2024?
According to trực tiếp bóng đá việt nam hôm nay provisions of Article 5 of trực tiếp bóng đá việt nam hôm nay Law on Value-Added Tax 2024...Download(document effective from July 1, 2025), trực tiếp bóng đá việt nam hôm nay subjects liable to tax are goods and services used for production, business, and consumption in Vietnam, excluding those specified in Article 5 of trực tiếp bóng đá việt nam hôm nay Law on Value-Added Tax 2024.
Which entities areexempted from VAT paymentin Vietnamunder theLaw on Value-Added Taxin 2024?
Based on trực tiếp bóng đá việt nam hôm nay provisions of Article 5 of trực tiếp bóng đá việt nam hôm nay Law on Value-Added Tax 2024...Download, trực tiếp bóng đá việt nam hôm nay non-taxable subjects are defined as follows:
(1) Products of crops, plantations, livestock, aquaculture that have not been processed into other products or only through simple preliminary processing by individuals or organizations who produce, catch, and sell them, and at trực tiếp bóng đá việt nam hôm nay import stage.
(2) Breeding animal products in accordance with trực tiếp bóng đá việt nam hôm nay law on animal husbandry, plant breeding materials as prescribed by trực tiếp bóng đá việt nam hôm nay law on crop production.
(3) Animal feed as per trực tiếp bóng đá việt nam hôm nay law on animal husbandry; aquaculture feed as per trực tiếp bóng đá việt nam hôm nay law on fisheries.
(4) Salt products produced from seawater, natural rock salt, refined salt, iodized salt, with sodium chloride (NaCl) as trực tiếp bóng đá việt nam hôm nay main component.
(5) State-owned housing sold to trực tiếp bóng đá việt nam hôm nay tenants.
(6) Irrigation, drainage; plowing, harrowing; dredging canals, ditches within trực tiếp bóng đá việt nam hôm nay agricultural field for service of agricultural production; services for harvesting agricultural products.
(7) Transfer of land use rights.
(8) Life insurance, health insurance, student insurance, and other human-related insurance services; livestock insurance, crop insurance, other agricultural insurance services; insurance for ships, boats, equipment, and other necessary tools directly serving aquaculture; reinsurance; insurance for oil and gas projects, equipment, and vessels bearing foreign nationality rented by oil and gas contractors or foreign subcontractors for operations in Vietnam's maritime areas or overlapping sea areas where Vietnam and coastal adjoining or opposite states have agreed to place under joint exploitation policies.
(9) trực tiếp bóng đá việt nam hôm nay following financial, banking, stock, and commercial services:
- Credit granting services in accordance with trực tiếp bóng đá việt nam hôm nay law on credit institutions and fees specifically stated in trực tiếp bóng đá việt nam hôm nay Loan Agreement of trực tiếp bóng đá việt nam hôm nay Government of Vietnam with a foreign lender;
- Loan services provided by taxpayers who are not credit institutions;
- Securities trading including brokerage, proprietary trading, underwriting, securities investment consultant, management of securities investment funds, portfolio management as per trực tiếp bóng đá việt nam hôm nay law on securities;
- Capital transfer including partial or full transfer of invested capital in other economic organizations (whether or not a new legal entity is established), securities transfer, capital contribution rights transfer, and other capital transfer methods as prescribed by law, including trực tiếp bóng đá việt nam hôm nay case of selling a business to another business for production, and trực tiếp bóng đá việt nam hôm nay purchasing business inherits all rights and obligations of trực tiếp bóng đá việt nam hôm nay selling business as per trực tiếp bóng đá việt nam hôm nay law. Capital transfers specified here do not include project transfers, sale of assets;
- Debt sales including sale of receivables and payables;
- Foreign currency trading;
- Derivative products as per trực tiếp bóng đá việt nam hôm nay law on credit institutions, trực tiếp bóng đá việt nam hôm nay law on securities, and trực tiếp bóng đá việt nam hôm nay law on commerce, including interest rate swaps; forward contracts; futures contracts; purchase and sale option contracts, and other derivative products;
- Sale of collateral for trực tiếp bóng đá việt nam hôm nay debts of entities wholly owned by trực tiếp bóng đá việt nam hôm nay state capital established by trực tiếp bóng đá việt nam hôm nay Government of Vietnam with trực tiếp bóng đá việt nam hôm nay function of buying, selling debt to handle bad debts of Vietnam's credit institutions.
(10) trực tiếp bóng đá việt nam hôm nay following medical and veterinary services:
- Medical services including: medical examination, treatment, prevention services for people, family planning services, health care, rehabilitation services for trực tiếp bóng đá việt nam hôm nay patient; care services for trực tiếp bóng đá việt nam hôm nay elderly, people with disabilities; transportation of sick people, leasing of hospital rooms, patient beds of medical facilities; testing, scanning; blood and blood preparations for patient use.
- Care services for trực tiếp bóng đá việt nam hôm nay elderly, people with disabilities, including health care, nutrition, and organization of cultural, sports, recreational activities, physiotherapy, and rehabilitation for trực tiếp bóng đá việt nam hôm nay elderly and people with disabilities.
In cases where trực tiếp bóng đá việt nam hôm nay medical service package as prescribed by trực tiếp bóng đá việt nam hôm nay Ministry of Health includes trực tiếp bóng đá việt nam hôm nay use of medicine, charges collected for medicines included in trực tiếp bóng đá việt nam hôm nay medical service package are also non-VATable;
- Veterinary services including medical examination, treatment, prevention services for animals.
(11) Funeral services.
(12) Maintenance, repair, construction activities funded by people's contributions, humanitarian aid capital (accounting for at least 50% of total capital used in trực tiếp bóng đá việt nam hôm nay project) for historical-cultural relics, scenic spots, cultural works, artistic works, public service structures, infrastructure, and housing for policy beneficiaries.
(13) Education, vocational education activities as per trực tiếp bóng đá việt nam hôm nay laws on education and vocational education.
(14) Broadcasting of radio and television funded by state budget capital.
(15) Publishing, import, distribution of newspapers, magazines, bulletins, special issues, political books, textbooks, training materials, legal documents, scientific-technical books, books serving external information, books printed in ethnic minority languages, and propaganda materials, including audio or video tapes, discs, electronic data; money, printing money.
(16) Public passenger transportation by bus, tram, inland waterway vehicles.
(17) Machinery, equipment, spare parts, materials not manufactured domestically that need to be imported for direct use in scientific research, technology development activities; machinery, equipment, replacement parts, special-use transportation means, and materials not manufactured domestically for exploration, oil and gas development; airplanes, helicopters, gliders, rigs, ships that are not manufactured domestically needed to be imported for trực tiếp bóng đá việt nam hôm nay creation of fixed assets of enterprises or leased from foreign countries for production, business, leasing.
(18) National defense products according to trực tiếp bóng đá việt nam hôm nay list issued by trực tiếp bóng đá việt nam hôm nay Minister of Defense, trực tiếp bóng đá việt nam hôm nay Minister of Public Security; imported products, services serving trực tiếp bóng đá việt nam hôm nay national defense industry according to trực tiếp bóng đá việt nam hôm nay list issued by trực tiếp bóng đá việt nam hôm nay Prime Minister of trực tiếp bóng đá việt nam hôm nay Government of Vietnam.
(19) Imported goods in trực tiếp bóng đá việt nam hôm nay following cases: humanitarian aid, non-refundable aid; goods, services sold to foreign organizations, individuals, international organizations for humanitarian aid, non-refundable aid to Vietnam.
(20) Transited goods through Vietnam's territory; temporary import for re-export; temporary export for re-import; raw materials imported for production, processing of exported goods under processing contracts signed with foreign parties; goods, services traded between foreign countries with tax-free zones and between tax-free zones with each other.
Imported goods from abroad by leasing companies transported directly to tax-free zones for financial leasing by enterprises within those zones.
(21) Technology transfer as prescribed by trực tiếp bóng đá việt nam hôm nay Law on Technology Transfer; intellectual property right transfer as prescribed by trực tiếp bóng đá việt nam hôm nay Intellectual Property Law; software products and software services as per trực tiếp bóng đá việt nam hôm nay law.
(22) Gold bars, ingots not processed into jewelry, fine arts items or other products at trực tiếp bóng đá việt nam hôm nay import stage.
(23) Exported products that are unprocessed resources, minerals or processed into other products according to trực tiếp bóng đá việt nam hôm nay list specified by trực tiếp bóng đá việt nam hôm nay Government of Vietnam suited to state directions on discouraging, limiting export of unprocessed, raw resources and minerals.
(24) Artificial products replacing body parts of patients, including implanted body parts; crutches, wheelchairs, and specialized tools for people with disabilities.
(25) Goods, services of households, individual producers, businesses with annual turnover of 200 million VND or less; assets of organizations, individuals not trading, not being VAT taxpayers sold out; national reserves sold by national reserve agencies; fees, charges as per trực tiếp bóng đá việt nam hôm nay law on fees and charges.
(26) Imported goods in trực tiếp bóng đá việt nam hôm nay following cases:
- Gifts to state agencies, political organizations, political-social organizations, political-social-professional organizations, social organizations, social-professional organizations, people's armed forces units within trực tiếp bóng đá việt nam hôm nay import duty exemption limits as per export and import tax laws;
- Gifts in trực tiếp bóng đá việt nam hôm nay duty-free import limits as per export and import tax laws from foreign organizations, individuals to Vietnamese individuals; goods of foreign organizations, individuals as per diplomatic exemption standards and personal belongings within trực tiếp bóng đá việt nam hôm nay duty-free import limits as per export and import tax laws;
- Goods within trực tiếp bóng đá việt nam hôm nay duty-free luggage standards as per export and import tax laws;
- Imported goods donated, sponsored for disaster, epidemic, disease, war prevention, rescue, recovery as per trực tiếp bóng đá việt nam hôm nay Government of Vietnam;
- Goods bought, exchanged across trực tiếp bóng đá việt nam hôm nay border for production, consumption of border residents as per trực tiếp bóng đá việt nam hôm nay goods buying, exchange list regulated by trực tiếp bóng đá việt nam hôm nay law and within duty-free import limits as per export and import tax laws;
- Artifacts, antiquities, national treasures as per trực tiếp bóng đá việt nam hôm nay cultural heritage laws imported by authorized state agencies.
Which entities are exempted from VAT payment in Vietnam under trực tiếp bóng đá việt nam hôm nay Law on Value-Added Tax in 2024?(Image from trực tiếp bóng đá việt nam hôm nay Internet)
When is trực tiếp bóng đá việt nam hôm nay time for calculating VAT in Vietnam?
According to Article 8 of trực tiếp bóng đá việt nam hôm nay Law on Value-Added Tax 2024...Download, trực tiếp bóng đá việt nam hôm nay time for calculating value-added tax is stipulated as follows:
- For goods, it is trực tiếp bóng đá việt nam hôm nay time of transferring ownership or right to use goods to trực tiếp bóng đá việt nam hôm nay buyer or trực tiếp bóng đá việt nam hôm nay time of issuing trực tiếp bóng đá việt nam hôm nay invoice, regardless of whether payment has been received or not;
- For services, it is trực tiếp bóng đá việt nam hôm nay time of service provision completion or trực tiếp bóng đá việt nam hôm nay time of issuing trực tiếp bóng đá việt nam hôm nay service provision invoice, regardless of trực tiếp bóng đá việt nam hôm nay payment status.
Additionally, trực tiếp bóng đá việt nam hôm nay time for calculating VAT for goods and services specified here is regulated by trực tiếp bóng đá việt nam hôm nay Government of Vietnam:
- Export goods, import goods;
- Telecommunication services;
- Insurance business services;
- Electricity provision activities, electricity, clean water production activities;
- Real estate business activities;
- Construction, installation, and oil and gas activities.
