What is the deadline for a single-member LLC to perform its first-time taxpayer registration in Vietnam?

What is the deadline for a single-member LLC to perform its first-time taxpayer registration in Vietnam?

Based on the provisions of Article 33 of the Law on Tax Administration 2019, the deadlines for first-time taxpayer registration are stipulated as follows:

First-time taxpayer registration deadline

1. Taxpayers registering for tax simultaneously with business registration, cooperative registration, or business operation registration shall have the taxpayer registration deadline equivalent to the deadline for business registration, cooperative registration, or business operation registration as prescribed by law.

2. For taxpayers registering for tax directly with the tax authority, the deadline for taxpayer registration is 10 working days from the following day of:

a) Being granted the business household registration certificate, establishment and operation license, investment registration certificate, or establishment decision;

b) Commencing business activities for entities not required to register for business, including business households and individuals who are obliged to register for business but have not been issued a business registration certificate;

c) Incurring tax withholding and advance tax payment responsibilities; organizations paying on behalf of individuals under contracts or business cooperation agreements;

d) Signing contracts for foreign contractors and sub-contractors declaring tax directly with the tax authority; signing petroleum agreements or contracts;

e) Incurring a personal income tax obligation;

f) Incurring the right to apply for a tax refund;

g) Incurring other obligations to the state budget.

3. Organizations and individuals that disburse income are responsible for registering taxes on behalf of individuals earning income no later than 10 working days from the incurrence of a tax obligation if the individual does not possess a tax code; registering taxes on behalf of dependents of taxpayers no later than 10 working days from the date the taxpayer registers for dependent deduction according to law if the dependents do not have a tax code.

Thus, the taxpayer registration deadline for a newly established single-member LLC is determined as follows:

- In the case of performing taxpayer registration together with business registration, the taxpayer registration deadline aligns with the business registration deadline as prescribed by law;

- In the case of registering directly with the tax authority, the taxpayer registration deadline is 10 working days from the issuance of the business registration certificate.

What is the deadline for a single-member LLC to perform its first-time taxpayer registration in Vietnam? (Image from the Internet)

Where does a single-member LLC submit its first-time taxpayer registration dossier in Vietnam?

Based on the provisions of Article 32 of the Law on Tax Administration 2019, the location for submitting the first-time taxpayer registration dossier is stipulated as follows:

Location for submitting the first-time taxpayer registration dossier

1. Taxpayers registering for tax together with business registration, cooperative registration, or business operation registration shall submit the taxpayer registration dossier at the location for business registration, cooperative registration, or business operation registration according to law.

2. Taxpayers registering for tax directly with the tax authority shall submit the taxpayer registration dossier at the following locations:

a) Organizations, business households, and individuals engaged in business shall submit the taxpayer registration dossier at the tax authority where the organization, business household, or individual has its office;

b) Organizations and individuals responsible for withholding and submitting tax on behalf of others shall submit the taxpayer registration dossier at the tax authority that directly manages them;

c) Non-business households and individuals shall submit the taxpayer registration dossier at the tax authority where taxable income arises, their permanent residence registration, temporary residence registration, or where obligations to the state budget arise.

3. Individuals authorizing organizations or individuals to pay income to register tax on behalf of themselves and their dependents shall submit the taxpayer registration dossier through the income paying organizations or individuals. Such organizations or individuals are responsible for compiling and submitting the taxpayer registration dossier on behalf of individuals to the tax authority that directly manages them.

Thus, the location for submitting the first-time taxpayer registration dossier of a single-member LLC is determined as follows:

- If the enterprise registers tax together with business registration, it shall submit the first-time taxpayer registration dossier at the business registration submission location.

- If the enterprise registers directly with the tax authority, it shall submit the first-time taxpayer registration dossier at the tax authority where the enterprise's head office is located.

What information is included in the taxpayer registration certificate in Vietnam?

Based on the provisions of Clause 1, Article 34 of the Law on Tax Administration 2019, the information included in the taxpayer registration certificate comprises:

- Name of the taxpayer;

- Tax identification number;

- Number, date, month, and year of the business registration certificate, establishment and operation license, or investment registration certificate for organizations or business individuals; number, date, month, and year of the establishment decision for organizations not required to register for business; information on the identity card, citizen identification card, or passport for individuals not required to register for business;

- Tax authority directly managing the taxpayer.