Tax registration for an organization in Vietnam

Any businesses and organizations operating in the territory of Vietnam also need to fulfill their tax obligations. So has your business passed tax registration or not? The following article by Viet An tax agent will guide the basic steps to register taxes for the organization as quickly and accurately as possible.

What is tax registration for an organization

Tax registration for an organization is something that each legal entity needs to declare to the direct tax administration agency or the business license registration agency. The information to be declared when conducting tax registration includes: Name of the organization, head office, address of the branch’s salary (if any), charter capital and main production and business lines, legal representative of the company,..

What does a tax registration dossier for an organization include?

For each type and each field of production and business, there will be a different form of registration dossier, specifically:

Tax registration dossiers for taxpayers registering for business establishment

A complete tax registration dossier will include:

• An application for lawful establishment of the enterprise.
• List of members contributing capital for limited liability companies with 2 or more members, joint-stock companies and partnerships.
• General regulations when establishing a business are compiled based on the 2020 Enterprise Law.
• The power of attorney is given by the company to the person who directly registers the tax declaration dossier.
• Types of supporting documents for the personal information of the tax returner.

Tax registration dossiers for taxpayers that are organizations registered at tax authorities

• Tax registration declaration for the organization.
• A copy of the company’s establishment and operation license enclosed with a business registration certificate issued by a competent authority.
• In addition, legal entities need to prepare relevant documents specified in Article 7 of Circular 105/2020/TT-BTC.

Tax registration dossiers for households, business households and individuals

Establishment of a business household so that the tax registration dossier will include:

• Tax registration declaration.
• Copy of citizen identity card.

Agencies to submit tax registration dossiers for organizations

The agencies of submission of tax registration dossiers for organizations will depend on the type of business, specifically as follows:

• Economic organizations and dependent units are obliged to submit first-time tax registration dossiers at the tax department where the head office is located.
• When you are a taxpayer specified at Point d, Clause 2, Article 4 of Circular 105/2020/TT-BTC, the place to submit the tax declaration for the first time will be at the tax department where the organization is headquartered or the place where the individual has a permanent address in the territory of Vietnam.
• For taxpayers who are foreign contractors or owners of FDI enterprises, it is necessary to submit tax registration dossiers for the first time at the tax department where the head office is located.
• For organizations and individuals that deduct and pay on behalf of foreign contractors, the place to submit tax registration dossiers for the first time shall be at the tax authority directly managing them.
• Commercial banks or credit and intermediary payment institutions authorized by overseas suppliers to be responsible for deducting and paying tax on behalf of overseas suppliers will be obliged to submit tax registration dossiers at the tax authorities directly managing them.
• For business households and individuals, it is necessary to submit the first-time tax registration dossier at the tax sub-department where the business location is located.
• Individuals who authorize income-paying agencies to register dependents on tax finalization need to submit tax registration dossiers at income-paying agencies on their behalf.
• Individuals who do not authorize income-paying agencies to directly make tax finalization and register dependents need to submit tax registration dossiers to the corresponding tax authorities.

Timeline for tax registration for organizations

In case an individual conducts tax registration for an organization directly at the tax authority, the tax registration deadline shall be within 10 working days from:

• The date on which the unit receives the operation and business license, enterprise establishment license or equivalent papers.
• The date of commencement of production and business activities for countries or organizations that do not register their business or households.
• The date of commencement of the obligation to declare tax and pay taxes in accordance with law.
• The date of signing the contract for foreign contractors.
• The date on which the tax obligation arises from income.
• Date of tax refund request (can be searched on extax mobile).
• The date on which the organization or individual incurs other budget obligations to the State.

Above is some basic information related to the tax registration process for organizations operating in the territory of Vietnam. Please contact Viet An tax agent if your unit has difficulties in the initial tax registration process To conduct production and business activities!