Vietnam: Required contents on the certificate of personal income tax withholding and receipt

Specifically, according to Article 32 of the Decree No. 123/2020/NĐ-CP of Vietnam’s Government, a certificate of personal income tax withholding contains the following information:

- Name, form number, reference number and ordinal number of the certificate of personal income tax withholding;

- Name, address and TIN of the applicant;

- Name, address and TIN of the taxpayer (if available);

- Nationality (if the taxpayer is not a Vietnamese citizen);

- Taxable income, time of income payment, total taxable income, PIT amount deducted, income amounts received;

- Date of the certificate of personal income tax withholding;

- Full name and signature of income payer. In case of electronic certificate of personal income tax withholding, digital signature is required.

Moreover, according to Article 32 of the Decree No. 123/2020/NĐ-CP of Vietnam’s Government, a receipt contains the following information:

- Name of receipt: Tax, fee or charge receipt without a pre-printed face value; Tax, fee or charge receipt with a pre-printed face value; Tax, fee or charge receipt.

- Form number and reference number of the receipt.

- Receipt number is the ordinal number specified in a tax, fee or charge receipt. The receipt number is written in Arabic numerals and consists of 7 digits. The first number of an internally- or externally-printed receipt is 0000001. The number of an electronic receipt begins from 1, on January 01 or the first day on which the electronic receipts are used, and ends on December 31 every year.

- Copies of a receipt (internally- or externally-printed receipt) are sheets of the same receipt. Each receipt has at least 02 copies or parts, including:

+ Copy (part) 1 is kept by the collector;

+ Copy (part) 2 is delivered to the tax, fee or charge payer;

The third and subsequent copies of the receipt are named according to their use purposes to serve the performance of management tasks as prescribed.

- Name and TIN of the collector.

- Names of types of taxes, fees or charges, and amounts in figures and in words.

- Date of making the receipt.

- Signature of cashier. In case of electronic receipts, digital signature is required.

- Name and TIN of receipt printing service provider (in case of externally-printed receipts).

- The receipt is written in Vietnamese. If a foreign language text is necessary, it must be placed between parentheses ( ) or next to the Vietnamese text, in which case it must be smaller than the Vietnamese text.

View more details at the Decree No. 123/2020/NĐ-CP of Vietnam’s Government, effective from July 01, 2022.

Le Vy

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