Vietnam: What does the application for TIN reactivation for individual and household businesses include from February 6, 2025?

Vietnam: What does the application for TIN reactivation for individual and household businesses include from February 6, 2025?

Based on Article 33 of Circular 86/2024/TT-BTC (effective from February 6, 2025) stipulating the applicationing TIN reactivation for individual and household businesses as follows:

- The application for TIN reactivation for business households taxpayer registration along with business registration when the legal status is reactivated is the information on reactivating the legal status of the business household sent by the business registration authority to the tax authority through the National Business Registration System.

In the case where a business household is notified by the tax authority of non-operation at the registered address, after having its legal status reactivated by the business registration authority according to the regulations of the Government of Vietnam regarding business households, the business household must submit a application for reactivation of the TIN to the directly managing tax authority as stipulated in Clause 2, Article 33 Circular 86/2024/TT-BTC.

- The application for TIN reactivation for business households taxpayer registration through the one-stop-shop coordination mechanism after the tax authority has notified non-operation at the registered address but has not revoked the Business Registration Certificate and the TIN has not been deactivated includes the Application for TIN reactivation form No. 25/DK-TCT issued with Circular 86/2024/TT-BTC to the directly managing tax authority before the tax authority issues the Notification on the deactivation of the TIN according to regulations.

- The application for TIN reactivation for individuals whose TIN has been deactivated due to death, missing, or loss of civil act capacity is the Court's Decision annulling the Declaration of Death, Missing, or Loss of Civil Act Capacity for the individual.

Vietnam: What does the application for TIN reactivation for individual and household businesses include from February 6, 2025? (Image from the Internet)

What are regulations on processing application for TIN reactivation for individual and household businesses in Vietnam?

Based on Article 34 of Circular 86/2024/TT-BTC (effective from February 6, 2025) stipulating the processing of the application for reactivation of the TIN for individual and household businesses as follows:

(1) Processing the application for TIN reactivation according to Clause 1, Article 33 Circular 86/2024/TT-BTC

When the tax authority receives a transaction reactivating the legal status of a business household according to the regulations of the Government of Vietnam regarding business households sent through the National Business Registration System, the tax authority will reactivate the TIN for the taxpayer on the day of receiving information on the taxpayer registration application system.

In cases where the business household is notified by the tax authority of non-operation at the registered address, the tax authority updates the reason for status 06. After receiving the application for reactivation of the TIN from the business household sent to the tax authority according to Clause 2, Article 33 Circular 86/2024/TT-BTC, the tax authority performs processing as stipulated in Clause 2, Article 34 Circular 86/2024/TT-BTC.

(2) Processing the application for TIN reactivation as stipulated in Clause 2, Article 33 Circular 86/2024/TT-BTC, the tax authority performs similarly to points b, d Clause 1, Article 19 Circular 86/2024/TT-BTC.

(3) Processing the application for TIN reactivation according to Clause 3, Article 33 Circular 86/2024/TT-BTC

When the tax authority receives the Court's Decision annulling the Declaration of Death, Missing, or Loss of Civil Act Capacity, the tax authority reactivates the TIN for the individual on the taxpayer registration application system within 03 (three) working days from receiving the court's decision.

When shall the taxpayer have their TIN reactivated in Vietnam?

Based on Clauses 1 and 2, Article 40 of the Law on Tax Administration 2019 stipulating the cases in which a taxpayer can have their TIN reactivated:

- A taxpayer's taxpayer registration along with enterprise registration, cooperative registration, business registration, if the legal status is reactivated according to the law on enterprise registration, cooperative registration, business registration, is simultaneously entitled to have the TIN reactivated.

- A taxpayer directly registering with the tax authority submits a applicationing the reactivation of the TIN to the directly managing tax authority in the following cases:

+ When an authority with competence issues a document annulling the document revoking the business registration certificate or equivalent license;

+ When there is a need to continue business activity after submitting a application for deactivation of the TIN to the tax authority but the tax authority has not yet issued a notification on the deactivation of the TIN;

+ When the tax authority issues a notification that the taxpayer is not operating at the registered address but has not had the license revoked and the TIN has not been deactivated.