Where do household businesses submit tax declaration dossiers for VAT under periodic declarations in Vietnam?

Where do household businesses submit tax declaration dossiers for VAT under periodic declarations in Vietnam?

Pursuant to the provisions of Clause 2, Article 11 of Circular 40/2021/TT-BTC as follows:

Tax administration for household businesses and individual businesses under periodic declarations

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2. Place of Submission of Tax Declaration Dossiers

The place for submitting tax declaration dossiers for household businesses and individuals under periodic declarations prescribed in Clause 1, Article 45 of the Law on Tax Administration is the directly supervisory sub-department of taxation where the household business or individual operates and conducts business activities.

3. Deadline for Submitting Tax Declaration Dossiers

The deadline for submitting tax declaration dossiers for household businesses and individual businesses under periodic declarations is prescribed in Clause 1, Article 44 of the Law on Tax Administration. To be specific:

a) The deadline for submitting tax declaration dossiers for household businesses and individuals paying taxes monthly is no later than the 20th day of the following month in which the tax obligation arises.

b) The deadline for submitting tax declaration dossiers for household businesses and individuals paying taxes quarterly is no later than the last day of the first month of the quarter following the quarter in which the tax obligation arises.

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Thus, household businesses under periodic declarations must submit VAT declaration dossiers at the sub-department of taxation where the household business operates and conducts business activities.

Where do household businesses submit tax declaration dossiers for VAT under periodic declarations in Vietnam? (Image from the Internet)

What documents are included in the initial tax registration for household businesses and individual businesses in Vietnam?

Pursuant to Clause 8, Article 7 of Circular 105/2020/TT-BTC, the initial tax registration dossier for household businesses and individuals includes:

* The tax registration dossier for household businesses and individuals includes:

- The tax registration form 03-DK-TCT issued with Circular 105/2020/TT-BTC, or the tax declaration dossier for household businesses and individuals as prescribed by tax administration law;

- A list of dependent shops and stores in form 03-DK-TCT-BK01 issued with Circular 105/2020/TT-BTC (if any);

- A copy of the Business Registration Certificate (if any);

- A copy of the Identity Card or a valid copy of the Passport for individuals who are Vietnamese citizens; a valid copy of the Passport for individuals who are foreign nationals or individuals who are Vietnamese nationals residing abroad.

* The tax registration dossier for household businesses and individual businesses from countries sharing a land border with Vietnam conducting trading activities at border markets, border gates, or markets in the economic zones at border gates includes:

- The tax registration form 03-DK-TCT issued with Circular 105/2020/TT-BTC;

- A list of dependent shops and stores in form 03-DK-TCT-BK01 issued with Circular 105/2020/TT-BTC (if any);

- Copies of documents as prescribed: Traders conducting trading activities at border markets, border gates, or markets in the economic zones at border gates as prescribed in Article 18 of Decision 52/2015/QD-TTg, including:

- Traders who are individual business persons with Vietnamese nationality and have permanent residence in the border area.

- Traders who are Vietnamese enterprises and household businesses established and registered according to the provisions of business registration law.

- Traders who are individual business persons with the nationality of a neighboring country, holding one of the valid documents: Border Identification Card, Border Crossing Permit, Passport, or other valid entry-exit documents issued according to the legal regulations of the neighboring country, and have been granted a business registration certificate by the competent authority of Vietnam according to regulations.

- Traders who are enterprises or household businesses from neighboring countries that have been granted a business registration certificate according to the laws of the neighboring country.

What are the principles of VAT calculation for household businesses in Vietnam?

According to Article 4 of Circular 40/2021/TT-BTC, the principles of VAT calculation for household businesses are as follows:

- The principles of tax calculation for household businesses and individuals are implemented according to the current legal provisions on VAT and related legal documents.

- household businesses and individuals with annual revenue from production and business activities not exceeding 100 million VND are not subject to VAT payment according to VAT law. household businesses and individuals have the responsibility to declare taxes accurately, honestly, fully, and submit tax dossiers on time; they are legally responsible for the accuracy, honesty, and completeness of the tax dossiers.

- For household businesses and individuals operating in groups of individuals or households, the annual revenue threshold of 100 million VND or less to determine that individuals are not subject to VAT is determined for a single (01) representative of the group of individuals or households for the fiscal year.