VAT is a crucial tax obligation for foreign businesses operating in Vietnam. It’s applied to the value added at each stage of production, from raw materials to the final consumer, including goods and services from foreign sources.
There are no specific registration thresholds, making registration mandatory for all businesses. Compliance is essential, with tax payment deadlines based on various factors.
This guide provides a comprehensive overview of VAT in Vietnam for 2023, helping you navigate the tax landscape effectively.
Download the PDF here: Guide to Value-Added Tax (VAT) in Vietnam for 2023
