What contents are included in the tax registration form No. 20-dk-tct according to Circular 105 in Vietnam?

What contents are included in the tax registration form No. 20-dk-tct according to Circular 105 in Vietnam?

The tax registration form No. 20-dk-tct according to Circular 105/2020/TT-BTC is for registering dependent deductions based on family circumstances.

You can view the detailed tax registration form number 20-dk-tct according to Circular 105 here.

What contents are included in the tax registration form No. 20-dk-tct according to Circular 105 in Vietnam? - image from internet

What documents are included in the application for initial tax registration of the dependent in Vietnam?

Pursuant to Clause 10 Article 7 of the Circular 105/2020/TT-BTC stipulating location of submission and application for initial tax registration:

Location of submission and application for initial tax registration

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10. As for the dependent specified in point 1 clause 2 Article 4 hereof, the application for initial tax registration is as follows:

a) If the individual authorizes the income payer to apply for tax registration for the dependent, the application for tax registration shall be filed with the income payer.

Required documents in an application for tax registration of the dependent: a letter of authorization and documentation of the dependent (copy of unexpired citizen identification card or copy of unexpired ID card, for a Vietnamese dependent aged at least 14; copy of birth certificate or copy of unexpired passport, for a Vietnamese dependent aged less than 14; copy of passport, for a dependent who is a foreign national or overseas Vietnamese).

The income payer shall consolidate and file the application form for tax registration No. 20-DK-TH-TCT hereto appended with their supervisory tax authority.

b) If the individual does not authorize the income payer to apply for tax registration for the dependent, the application for tax registration shall be filed with the tax authority as prescribed in clause 9 hereof. Required documents in the application for tax registration:

- Application form for tax registration No. 20-DK-TCT hereto appended;

- Copy of unexpired citizen identification card or copy of unexpired ID card, for a Vietnamese dependent aged at least 14; copy of birth certificate or copy of unexpired passport, for a Vietnamese nationality dependent aged less than 14; copy of passport, for a dependent who is a foreign national or overseas Vietnamese.

If an individual, with respect to his/her personal income tax, has claimed dependent(s) for personal exemption before the date of entry of the Circular No. 95/2016/TT-BTC dated June 28, 2016 of the Ministry of Finance, but has not applied for tax registration for the dependent(s), he/she shall file an application for tax registration as required in this clause to enable the TIN(s) to be issued to the dependent(s).

As regulations above, the application for initial tax registration of the dependent in Vietnam includes:

- Application form for tax registration No. 20-DK-TCT

- Copy of unexpired citizen identification card or copy of unexpired ID card, for a Vietnamese dependent aged at least 14;

- Copy of birth certificate or copy of unexpired passport, for a Vietnamese nationality dependent aged less than 14;

- Copy of passport, for a dependent who is a foreign national or overseas Vietnamese.

Who are dependents according to the law in Vietnam?

Pursuant to Article 19 of the Law on Personal Income Tax in 2007 (amended by Article 1 of the Resolution 954/2020/UBTVQH14) stipulating reduction based on family circumstances:

Reduction based on family circumstances

1. Reduction based on family circumstances means a sum of money deductible from pre-tax income from business, salary or wage of a resident taxpayer. Reduction based on family circumstances consists of the following two parts:

a) Personal exemption: 11 million VND/month (132 million VND/year);

b) Dependent exemption: 4,4 million VND/dependent/month.

2. The level of reduction based on family circumstances applicable to dependants is determined on the principle that each dependant may be counted only once for tax reduction for a taxpayer.

3. Dependants of a taxpayer means persons a taxpayer is responsible for nurturing or taking care of, including:

a/ His/her minor children or disabled children who are incapable of working;

b/ Individuals who have no income or have incomes not exceeding the prescribed level, including adult children who are studying at a university, college, professional secondary school or job-training establishment; his/her spouse who is incapable of working; his/her parents who are beyond the working age or incapable of working; other supportless persons whom the taxpayer has to directly nurture.

The Government shall specify the income level and declaration for identification of dependants to be counted for reduction based on family circumstances.

As regulations above, dependants of a taxpayer means persons a taxpayer is responsible for nurturing or taking care of, including:

- His/her minor children or disabled children who are incapable of working;

- Individuals who have no income or have incomes not exceeding the prescribed level, including adult children who are studying at a university, college, professional secondary school or job-training establishment; his/her spouse who is incapable of working; his/her parents who are beyond the working age or incapable of working; other supportless persons whom the taxpayer has to directly nurture.

Best regards!