Export tax refund service in Vietnam

In the context of economic integration, issues revolving around import and tax rates, such as export tax refunds, are of special interest to many businesses. In recent years, there have been quite a few new regulations on value-added tax refunds. Therefore, in order to help businesses access new policies that are effective and cost-effective, Viet An Tax Agent would like to provide you with export Tax Refund Service in Vietnam.

What is an export tax refund?

Export tax is an indirect tax levied on goods permitted to be exported and imported across Vietnam’s borders, including goods and services exported from the domestic market into non-tariff zones

Export tax refund means the refund of the collected tax amount of the enterprise by the competent tax-collecting agency because the actual tax collection is more than the payable tax amount or is not payable.

Cases eligible for export tax refund

According to the provisions of Articles 33, 34, 35, 36 of Decree 134/2016/ND-CP and amended and supplemented by Decree 18/2021/ND-CP dated 11/03/20221, it has clearly stated the cases of tax refund, including:

Conditions for export tax refund

Based on the production services of products and goods of business establishments, the conditions and regulations on VAT refund will be different. Basically, the conditions for enterprises to be refunded VAT are as follows:

• Payment of VAT by the deduction method
• Have a seal and business license/investment license or equivalent documents
• Accounting vouchers and data are made and stored in accordance with accounting standards
• Having a bank account with a tax identification number registered on the business registration certificate
• Dossiers and procedures for VAT refund are in accordance with current regulations.

Export tax refund dossier

In each case, the VAT refund dossier is different. However, it should be noted that for dependent units of enterprises and agencies, organizations and units that are not part of the accounting unit to prepare financial statements, there must be a written authorization from the head office when carrying out tax refund procedures.

Details of the dossier include:

Procedures for refund of export tax in accordance with the provisions of law

After fully preparing the dossier of tariff rate refund corresponding to the case, the unit shall carry out export tax refund procedures as prescribed.

Pursuant to Article 12, Circular 06/2021/TT-BTC, the procedures are as follows:

• Step 1: Submit tax refund dossiers
  • Enterprises shall submit tax refund dossiers at the Sub-department of Customs where customs declarations for exported goods are registered
• Step 2: Check the dossier. Sub-department of Customs receives and checks tax refund dossiers
  • In case the dossier is complete and valid, the Sub-department of Customs shall seal the receipt and entry into the monitoring book
  • In case the dossier is incomplete, the Sub-department of Customs shall notify the enterprise to supplement the dossier within 03 working days from the date of receipt of the dossier.
• Step 3: Decision on tax refund
  • Within 10 working days from the date of receipt of a complete and valid tax refund dossier, the Sub-department of Customs shall issue a decision on tax refund.
• Step 4: Tax refund
  • The Sub-department of Customs shall refund the tax amount to the enterprise within 05 working days from the date of issuance of the tax refund decision.

Some notes when refunding export tax

Enterprises need to pay attention to the following things when carrying out export tax refund procedures

• Prepare all documents as prescribed to get a quick tax refund
• Submit tax refund dossiers within the prescribed time limit (the deadline for submission is 05 years from the date of incurring tax obligations)
• Double-check the information on the tax refund dossier before submitting
• Using e-customs software and e-invoice software to quickly declare and submit electronic documents saves time, cost and resources

Benefits of using the export tax refund service

• Consulting on the latest tax refund regulations and policies
• Prepare dossiers to prepare tax refund requests such as (legal documents, accounting books, domestic and export contracts, debt payment dossiers and other relevant bank documents,…)
• Consulting on tax refund policies according to groups of investment project fields, export tax refund dossiers, export entrustment cases and liquidated contracts
• Drafting and completing tax refund dossiers
• Submit tax refund dossiers at tax authorities on behalf of enterprises
• Monitoring and updating information on tax refund dossiers
• Explain to the tax authority on behalf of the enterprise (explain the contents related to the tax refund dossier)
• Receive tax refund decisions at tax authorities

Reasons to use the export tax refund service at Viet An Tax Agent

• A team of experts with practical experience: With many years of practical experience in the industry, the team of experts at Viet An Tax Agent will help businesses orient their tax accounting problems for their businesses.
• Service quality: The implementation process is methodical, in-depth by industry, tailor-made in accordance with the practical needs of each business
• Commitment to companionship and information security: Even after the end of the service, businesses will still be supported if they encounter problems that need to be answered by experts.

Commitment to export tax refund service at Viet An Tax Agent

• Optimize costs and time
• Thoroughly check all documents when sending to tax authorities for tax refund
• The representative of the enterprise explains to the tax authority the process of carrying out tax refund procedures
• Track the progress until the business receives the refunded tax

If you have any difficulties or questions related to export tax refund services for businesses, please contact Viet An Tax Agent for the most specific advice.