When is the deadline for the first-time taxpayer registration in Vietnam? What does the application include?

What documents are required for the first-time taxpayer registration in Vietnam?

Based on Article 31 of the 2019 Tax Administration Law, the documents required for the first-time taxpayer registration are as follows:

[1]  If the taxpayer is an organization registering directly with the tax authority, the taxpayer registration application shall include:

- The taxpayer registration form;

- Copies of valid establishment and operation license, establishment decision, investment registration certificate or equivalent documents granted by competent authorities;

- Other relevant documents.

[2] If the taxpayer is a household, household business or individual business directly registered with the tax authority, the taxpayer registration application shall include:

- The registration form or tax return;

- Copy of the identity card or passport;

- Other relevant documents.

When is the deadline for the first-time taxpayer registration in Vietnam? What does the application include? (Image from the Internet)

When is the deadline for the first-time taxpayer registration in Vietnam?

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

Time limit for first-time taxpayer registration

1. For taxpayers who combine taxpayer registration with business registration, the time limit for taxpayer registration is the time limit for business registration as prescribed by law.

2. For taxpayers directly registered with tax authorities, the time limit for taxpayer registration is 10 working days starting from the day on which:

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

b) the taxpayer inaugurates business operation for organizations that are not required to apply for business registration and household businesses and individual businesses that are required to apply for business registration but yet to be granted the business registration certificate;

c) the responsibility to deduct and pay tax on behalf of individuals arises; organizations paying tax on behalf of individuals according to business cooperation contracts and/or agreements;

d) the contract with the foreign contractor and/or subcontractors who directly declare and pay tax to tax authorities; the petroleum contract or agreement is concluded;

dd) personal income tax is incurred;

e) tax refund in claimed;

g) other amounts payable to the state budget are incurred.

3. In case an individual does not have a TIN, his/her income payer shall apply for taxpayer registration on his/her behalf in no later than 10 working days starting from the date tax liabilities are incurred; in case a dependant of a taxpayer does not have a TIN, the income payer shall apply for taxpayer registration for the dependant in no later than 10 working days starting from the date the taxpayer applies for dependant exemption as prescribed by law.

Therefore, taxpayers must register for tax for the first time within specific deadlines as follows:

- Registering tax in conjunction with business registration, cooperative registration, or business registration: the same deadline as business registration, cooperative registration, or business registration as prescribed;

- Registering tax directly: 10 working days from the following dates:

+ the certificate of household business registration, establishment and operation license, investment registration certificate or establishment decision is granted;

+ the taxpayer inaugurates business operation for organizations that are not required to apply for business registration and household businesses and individual businesses that are required to apply for business registration but yet to be granted the business registration certificate;

+ the responsibility to deduct and pay tax on behalf of individuals arises; organizations paying tax on behalf of individuals according to business cooperation contracts and/or agreements;

+ the contract with the foreign contractor and/or subcontractors who directly declare and pay tax to tax authorities; the petroleum contract or agreement is concluded;

+ personal income tax is incurred;

+ tax refund in claimed;

+ other amounts payable to the state budget are incurred.

- Organizations and individuals paying income are required to register tax on behalf of individuals receiving income:

+ 10 working days from the date of tax liability arising if individuals do not have a tax identification number;

+ Registering tax on behalf of dependents of taxpayers: 10 working days from the date the taxpayer registers family deductions as prescribed if dependents do not have a tax identification number.

What information does the taxpayer registration certificate in Vietnam contain?

Based on Article 34 of the 2019 Tax Administration Law, the taxpayer registration certificate contains the following information:

- Name of the taxpayer;

- TIN;

- Number, date of the business registration certificate or establishment and operation license or investment registration certificate for business organizations and individuals;

- Number, date of the establishment decision for organizations not required to apply for business registration;

- Information of identity card, citizen identification or passport for individuals not subject to business registration;

- Supervisory tax authority.

Best Regards!