What is a tax return form? Is a tax return form required for taxpayer registration in Vietnam?

What is a tax return form?

Based on Clause 7 Article 3 Law on Tax Administration 2019 the definition is as follows:

Definitions

In this Law, the following terms are understood as follows:

1. Tax is a compulsory payment to the state budget by organizations, households, business households, and individuals as prescribed by the tax laws.

2. Other revenues belonging to the state budget managed by the tax administration agency include:

a) Fees and charges as prescribed by the Law on Fees and Charges;

b) Land use fees paid to the state budget;

c) Land lease and water surface lease fees;

d) Fees for granting mineral extraction rights;

dd) Fees for granting water resource exploitation rights;

e) Payments to the state budget from the sale of assets on land, transfer of land use rights as prescribed by the Law on Management and Use of Public Property;

g) Fees collected from administrative violations as prescribed by the law on handling of administrative violations in the field of tax and customs;

h) Late payment charges and other revenues as prescribed by the law.

3. Other revenues belonging to the state budget not managed by the tax administration agency include:

a) Fees for the use of sea areas for waste dumping as prescribed by the law on marine and island resources and environment;

b) Fees for the protection and development of rice cultivation land as prescribed by the land law;

c) Fees collected from administrative violations as prescribed by the law on handling of administrative violations, excluding the fields of tax and customs;

d) Fees paid to the state budget according to the law on management and utilization of public property from the management, utilization, and exploitation of public property for business purposes, leasing, joint ventures, collaboration, after fulfilling tax, fee, and charge obligations;

dd) Aid revenues;

e) Other revenues as prescribed by the law.

4. The headquarters of the taxpayer is the place where the taxpayer conducts part or all of its business activities, including the main office, branches, stores, production sites, places for storing goods, or assets used for production or business; residence or place of tax obligation inception.

5. Tax identification number (TIN) is a string of 10 digits or 13 digits and other characters assigned by the tax authority to the taxpayer for tax management.

6. Tax period is the period used to determine the amount of tax payable to the state budget according to the tax laws.

7. tax return form is a form prescribed by the Minister of Finance that the taxpayer uses to declare information to determine the tax amount payable.

Thus, according to legal regulations, the tax return form is a form prescribed by the Minister of Finance that the taxpayer uses to declare information to determine the tax amount payable.

*Note: Different tax fields will have different tax return forms.*

What is a tax return form? Is a tax return form required for taxpayer registration in Vietnam? (Image from the Internet)

Is a tax return form required for first-time taxpayer registration in Vietnam?

According to the regulations at Article 31 Law on Tax Administration 2019, the requirements for first-time taxpayer registration are as follows:

First-time taxpayer registration dossier

1. Taxpayers who register for taxpayer registration along with business registration, registration of cooperatives, or business registration will have their taxpayer registration dossier integrated into their business registration, cooperative registration, or business registration as prescribed by law.

2. Taxpayers who are organizations registering directly with the tax authority for taxpayer registration must include:

a) Taxpayer registration declaration form;

b) A copy of the establishment and operation license, the establishment decision, the investment registration certificate, or other equivalent documents still valid issued by the competent authority;

c) Other relevant documents.

3. Taxpayers who are households, business households, or individuals registering directly with the tax authority must include:

a) Taxpayer registration declaration form or tax return form;

b) A copy of the identity card, a copy of the citizen identification card, or a copy of the passport;

c) Other relevant documents.

4. The connection of information between state management agencies and tax authorities to receive the taxpayer registration dossier and issue tax identification numbers through the one-stop mechanism via the electronic portal is implemented according to the relevant law.

Thus, according to the above regulation, in the dossier for first-time taxpayer registration, taxpayers who are households, business households, or individuals that register directly with the tax authority must prepare all the required documents, including the tax return Form.

Vietnam: What types of tax return forms are there?

Based on Clause 1 Article 43 Law on Tax Administration 2019 that prescribes tax return dossier as follows:

Tax return dossier

1. The tax return dossier for taxes declared and paid monthly is the monthly tax return form.

2. The tax return dossier for taxes declared and paid quarterly is the quarterly tax return form.

3. The tax return dossier for taxes with an annual tax period includes:

a) The annual tax return dossier includes the annual tax return form and other relevant documents to determine the tax amount payable;

b) The year-end tax finalization dossier includes the annual tax finalization declaration form, the annual financial report, the intercompany transaction declaration form; other documents relevant to tax finalization.

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Thus, according to the regulations, there are 3 types of tax return forms in the tax return dossier:

[1] Monthly tax return form.

[2] Quarterly tax return form.

[3] Annual tax return form.