In the operating process of the company, one of the works that the company has to fully and correctly implement is declaration and tax payment (if any). With the company, the company shall declare taxes and tax obligations in accordance quarterly, annually, and according to certain time limits. When the company missed the tax declaration just one day compared to the deadline, the company has been violated the tax declaration obligation and arises a fine for violation. If the declaration is delayed, the fine will be more, the tax code may be closed. To difficulties of the company, Viet An Tax Agency providing a package of tax declaration services with reasonable service fees so that any company can use the tax declaration service.
Note: The company does not arise input and output invoices that meet the deadline, the company also submits the VAT tax declaration and Declaration personal income tax if have income subject to personal income tax in the period.
Invoice use reports of the quarter I: the deadline for submission is April 30; quarter II: the deadline for submitting is July 30; quarter III: the deadline for submit is October 30 and quarter IV: the deadline for submitting is January 30 of the next year.
With the company have submitted invoice issuance announcements, quarterly, organizations, households,s and individuals selling goods and services (except for those who are issued invoices by tax authorities) are responsible for submitting invoice use reports to the tax authorities for direct management, even in the period the company doesn’t use the invoices.
The invoice use reports submitted by month applicable to the company be issued invoices by tax authorities or have high risks of invoices according to decisions of tax authorities.
As stipulated in Decree 52/2021/NĐ-CP renew the tax payment deadline of corporate income tax in 2021 for the company that incurs tax payable as follows:
The company will balance the temporarily calculated corporate income tax rate by themselves and sum up revenue and expenses to finalize the total payable corporate income tax in the year at the end of the year (if any).
Even though the company hasn’t business activities, the company has to prepare and submit financial statements for the year of operation. No later than the last day of the 3rd month from the end of the calendar year or financial year.
New businesses (except household businesses and individual businesses), including medium and small enterprises converted from household businesses) and existing businesses that establish new dependent units or business locations shall submit the licensing fee declaration by January 30 of the year preceding the establishment or inauguration year.
In case of capital is changed during the year, the licensing fee payer shall submit the declaration by January 30 of the year succeeding the year in which the change occurs.
With the submission of tax declaration documents to the tax authorities not meet the deadline were stipulated, a fine according to Article 13 of Decree no. 125/2020/ND-CP effective from December 5, 2020.
In period, the company does not arise input and output invoices, the company still has to declare tax fully, and on time.
The same with VAT tax declaration, invoice use reports (for the company that has issued VAT invoices) even if no revenue is generated, the company still makes and submit the financial statements at the end of the fiscal year. The deadline for submission is the last day of the 3rd month from the end of the calendar year or fiscal year.
After the first year of establishment, whether or not there is revenue, the company still has to pay license tax (business fee) according to the charter capital of the company. The deadline for paying license tax is before January 30 of each year
The license tax of the company has to pay by the charter capital registered such as:
Clients have any questions related to Tax declaration services in Vietnam in Viet Nam, please contact to Tax Agency – Viet An Law Firm to assist for the faster and most specific!
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