What is the TIN structure for individuals in Vietnam?

What is the TIN structure for individuals in Vietnam?

Based on Clause 3, Point h, Article 5 of Circular 105/2020/TT-BTC, the structure of TINs is specified as follows:

Structure of TINs

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g) The operators, joint operators, joint venture enterprises, and organizations assigned by the Government of Vietnam to receive the share of oil and gas interests from Vietnam's oil and gas fields in overlapping zones as stipulated in Point h, Clause 2, Article 4 of this Circular are issued a 10-digit TIN for each oil and gas contract or agreement or equivalent documents. Contractors and investors participating in oil and gas contracts are issued a 13-digit TIN derived from the 10-digit code of each oil and gas contract to fulfill tax obligations separately according to the oil and gas contract (including corporate income tax related to the transfer of participation rights in the oil and gas contract). The parent company - Vietnam Oil and Gas Group representing the host country to receive the profit share from oil and gas contracts is issued a 13-digit TIN deriving from the 10-digit code of each oil and gas contract to declare and pay taxes on the profit share according to each contract.

h) Taxpayers who are households, business households, business individuals, and other individuals as stipulated in Points i, k, l, n, Clause 2, Article 4 of this Circular are issued a 10-digit TIN for the representative of the household, business household, or individual and a 13-digit TIN for business locations of the business household or individual.

i) Organizations and individuals stipulated in Point m, Clause 2, Article 4 of this Circular that have one or more authorized collection contracts with a tax authority are issued a substitute TIN to remit the collected amounts of taxpayers to the state budget.

Thus, based on the regulation, a personal TIN consists of 10 digits.

What is the TIN structure for individuals in Vietnam? (Image from the Internet)

Who is required to register for a TIN in Vietnam?

Based on Article 4 of Circular 105/2020/TT-BTC, the entities required to register for a TIN include:

Entities for Taxpayer Registration

1. Entities for taxpayer registration include:

a) Taxpayers who are subject to taxpayer registration through the one-stop shop mechanism as stipulated at Point a, Clause 1, Article 30 of the Law on Tax Administration.

b) Taxpayers who are subject to direct taxpayer registration with tax authorities as stipulated at Point b, Clause 1, Article 30 of the Law on Tax Administration.

2. Taxpayers subject to direct taxpayer registration with tax authorities include:

a) Enterprises operating in the fields of insurance, accounting, auditing, legal services, notarization, or other specialized fields not required to register enterprises through the business registration authority as per specialized law (hereinafter referred to as Economic Organizations).

b) Public service units, economic organizations of the armed forces, or those of political, socio-political, social, and socio-professional organizations engaging in business activities as per law but not required to register through the business registration authority; organizations from countries sharing a land border with Vietnam conducting trade activities at border marketplaces, border-gate marketplaces, marketplaces in border economic zones; representative offices of foreign organizations in Vietnam; partnerships established and organized under the provisions of the Civil Code (hereinafter referred to as Economic Organizations).

Therefore, under legal regulations, the entities required to register for a personal TIN include:

- Taxpayers subject to taxpayer registration through the one-stop shop mechanism.

- Taxpayers subject to direct taxpayer registration with tax authorities as stipulated.

- Taxpayers subject to direct taxpayer registration with tax authorities.

Are individuals notified of changes to tax registration information in Vietnam?

Based on Article 36 of the 2019 Tax Administration Law related to notification of changes in taxpayer registration information:

Notification of Changes in Taxpayer Registration Information

1. Taxpayers registering taxation with business registration, cooperative registration, or business operation registration, when there are changes in taxpayer registration information, shall notify the change in taxpayer registration information simultaneously with the change in business registration, cooperative registration, or business operation registration as per legal provisions.

In cases where a taxpayer changes their head office address leading to a change in the managing tax authority, the taxpayer must carry out tax procedures with the directly managing tax authority in accordance with this Law before registering changes with the business registration agency, cooperative registration, or business registration agency.

2. Taxpayers registering directly with tax authorities, when there are changes in taxpayer registration information, must notify their direct managing tax authority within 10 working days from the date the information change arises.

3. In cases where an individual authorizes an organization or individual paying income to register changes in taxpayer registration information for the individual and their dependents, they must notify the income-paying organization or individual no later than 10 working days from the date the information change arises; the income-paying organization or individual must notify the tax administration authority no later than 10 working days from receiving the individual's authorization.

Thus, individuals have the right to notify changes to their tax registration information.