What is the time limit for initial taxpayer registration for a newly established enterprise in Vietnam?

What is the time limit for initial taxpayer registration for a newly established enterprise in Vietnam?

Based on Article 33 of the Law on Tax Administration 2019, the time limit for initial taxpayer registration is as follows:

Time limit for initial taxpayer registration

1. Taxpayers who complete taxpayer registration along with enterprise registration, cooperative registration, or business registration shall follow the time limits applicable to enterprise registration, cooperative registration, or business registration as per legal regulations.

2. Taxpayers who directly register with the tax authority shall comply with the following time limits:

a) 10 working days from either:

- The date of issuance of the certificate of household business registration, permit of establishment and operation, investment registration certificate, or establishment decision;

b) The date they start their business operations if they are organizations not subject to business registration or household businesses, or individuals engaging in business activities that require business registration but haven't been issued a business registration certificate;

c) The date of incurring the responsibility to withhold tax and pay tax on behalf of others, or organizations paying tax on behalf of individuals based on contracts or business cooperation documents;

d) The date of signing contracts for main contractors or subcontractors who are foreign entities declaring and paying tax directly to tax authorities; the date of signing contracts or petroleum agreements;

) The date of incurring a personal income tax obligation;

e) The date of incurring a tax refund claim;

g) The date of incurring other obligations to the state budget.

3. Entities or individuals paying income to others must register for taxpayer identification numbers on behalf of individuals within 10 working days from the date tax obligation arises if the individual does not have a tax identification number; must register for dependents of taxpayers within 10 working days from the date the taxpayer registers for family relief as per legal regulations if the dependents do not have tax identification numbers.

Therefore, the time limit for taxpayer registration for newly established businesses is as follows:

- In cases of taxpayer registration along with enterprise registration, the time limit for taxpayer registration is the same as the time limit for enterprise registration as specified by law;

- If registering directly with the tax authority, the time limit for taxpayer registration is 10 working days from the date of issuance of the enterprise registration certificate.

What is the time limit for initial taxpayer registration for a newly established enterprise in Vietnam? (Image from the Internet)

Where to submit the initial taxpayer registration in Vietnam?

Based on Article 32 of the Law on Tax Administration 2019, the places to submit the initial taxpayer registrations are as follows:

- Taxpayers registering along with enterprise registration, cooperative registration, or business registration shall submit their files at the same place they submit their enterprise registration, cooperative registration, or business registrations as specified by law.

- Taxpayers registering directly with the tax authority shall submit their files as follows:

+ Organizations, household businesses, and individual businesses shall submit their taxpayer registrations at the tax authority where the organization, household business, or individual business is headquartered;

+ Entities or individuals responsible for tax withholding and payment on behalf of others shall submit their files at the tax authority directly managing them;

+ Non-business households and individuals shall submit their files at the tax authority where the taxable income arises, their registered permanent residence, their registered temporary residence, or where they incur obligations to the state budget.

- Individuals authorizing an organization or other individual to pay income on their behalf shall submit their taxpayer registrations through the organization or individual paying the income. The organization or individual paying the income is responsible for consolidating and submitting the taxpayer registrations on behalf of the individual to the tax authority directly managing them.

Vietnam: What does the initial taxpayer registration include?

Based on Article 31 of the Law on Tax Administration 2019, the initial taxpayer registration includes:

- For taxpayers registering along with enterprise registration, cooperative registration, or business registration, the taxpayer registration is the enterprise registration, cooperative registration, or business registration as specified by law.

- Organizations registering directly with the tax authority shall include:

+ A taxpayer registration declaration form;

+ A copy of the establishment and operation permit, establishment decision, investment registration certificate, or equivalent documents issued by competent authorities that are still valid;

+ Other related documents.

- Household businesses, individual businesses, and individuals registering directly with the tax authority shall include:

+ A taxpayer registration declaration form or tax declaration form;

+ A copy of the identity card, citizen identification card, or passport;

+ Other related documents.

* The integration of information between state management agencies and the tax authority to receive taxpayer registrations and assign tax identification numbers through the interconnected single-window portal shall be implemented as per relevant legal regulations.