An export company is also a type of enterprise that operates in the business of exporting goods. With the current market economy in Vietnam, companies operating in this field appear more in the market. However, due to the complexity of the tax accounting system for exporting companies, many exporting businesses are concerned and encounter difficulties in accounting for exporting company taxes. In the article below, Viet An Tax Agent will present the legal content related to tax accounting services for export company in Vietnam.
Table of contents
It is an indirect tax, the object of tax collection is goods that cause negative impacts on the environment, the tax rate depends on certain items.
The common tax deadline under Vietnam law includes:
An additional import tax is applied in cases where dumped goods imported into Vietnam cause or threaten to cause significant damage to the domestic manufacturing industry or prevent the formation of a domestic manufacturing industry.
Principles for applying anti-dumping tax include:
Note: The duration of application of anti-dumping tax is not more than 5 years from the effective date of the decision to apply. In case of necessity, the decision to apply an anti-dumping tax can be extended.
An additional import tax is applied in cases where subsidized goods imported into Vietnam cause or threaten to cause significant damage to the domestic industry or prevent the formation of a domestic industry.
According to Clause 1, Article 13 of the Law on Export Tax and Import Tax 2016, conditions for applying anti-subsidy tax include:
An additional import tax is applied in cases where excessive imports of goods into Vietnam cause serious damage or threaten to cause serious damage to the domestic manufacturing industry or prevent the formation of a manufacturing industry. domestically produced.
Clause 1, Article 14 of the Law on Export Tax and Import Tax 2016 stipulates the conditions for applying self-defense tax including the following two conditions:
Formerly known as Intimex Import-Export Company Branch in Ho Chi Minh City, with constant efforts following the motto “Prestige is top” has brought Intimex into a strong corporation, one of the leading brands. leading in Vietnam in the fields of processing and exporting agricultural products (coffee, pepper, rice, cashew nuts…); importing frozen food, iron, and steel; supermarket business and production and trading of construction materials… Up to now, Intimex Group has over 900 employees, a charter capital of 223 billion VND, import-export turnover of over 1 billion USD/year, and revenue Annual revenue reaches over 40 trillion VND. Intimex’s “multi-industry, multi-profession, multinational” operating network stretches from North to South with 6 branches and 14 member units in which the Group holds controlling shares, including 1 member unit. members established abroad.
Nestlé Vietnam Co., Ltd. was established in 1995, and is a 100% foreign-invested company, affiliated with Nestlé SA Group – the world’s largest food and beverage corporation currently present in 191 countries with 328,000 customers. employees globally, headquartered in Vevey – Switzerland. Currently, Nestlé Vietnam is operating 04 factories manufacturing food and beverage products located in Dong Nai and Hung Yen and recruiting more than 2,000 employees nationwide. All Nestlé factories in Vietnam are designed and built to meet the highest standards of consistent quality throughout the group, while always complying with Vietnamese laws on environmental protection, preventing pollution, and applying initiatives to reduce environmental emissions, save water, and aim for Zero environmental waste in production (Path to Zero).
Saigon Food Joint Stock Company was established on July 18, 2003, with the original name Saigon Seafood Joint Stock Company (SG Fisco). As a reputable company in the field of manufacturing and trading frozen seafood and processed foods, Saigon Food has proactively expanded its products, markets, and distribution system. Not only does the company dominate the domestic market through the entire supermarket system in major cities in Vietnam, but the company also exports products to demanding markets such as Japan and the US.
Hanoi Import-Export Production and Services Joint Stock Company (Haprosimex JSC), formerly known as Haprosimex Ho Chi Minh – Branch of Hanoi General Import-Export Production Company, was established in 1999. Haprosimex is one of the leading commodity companies. Vietnam has a lot of experience in the field of production and export of agricultural products and handicrafts.
Viet An Tax Agent can provide tax services and business support for many large and small businesses across the country. Using Viet An Tax Agent can bring some advantages for businesses in Vietnam such as:
In addition to general benefits, businesses using the service enjoy many other benefits. Therefore, it will help businesses have time and not have to worry about tax laws or tax regulations for businesses to focus and feel secure on export business.
According to Article 3 of the 2008 Value Added Tax Law, goods sold domestically from export processing enterprises are subject to VAT unless this type of goods belongs to the group of non-taxable subjects specified in Article 5 of the Law on Value Added Tax 2008.
Clients who need advice on issues related to tax accounting services for export company in Vietnam and other businesses, please contact Viet An Tax Agent for the best support.
Hanoi Head-office
#3rd Floor, 125 Hoang Ngan, Hoang Ngan Plaza, Trung Hoa, Cau Giay, Hanoi, Vietnam
Ho Chi Minh city office
Room 04.68 vs 04.70, 4th Floor, River Gate Residence, 151 – 155 Ben Van Don Street, District 4, HCM, Viet Nam
SPEAK TO OUR LAWYER
English speaking: (+84) 9 61 57 18 18 - Lawyer Dong Van Thuc ( Alex) (Zalo, Viber, Whatsapp)
Vietnamese speaking: (+84) 9 61 37 18 18 - Dr. Lawyer Do Thi Thu Ha (Zalo, Viber, Whatsapp)