Vietnam: Viettel continues to be the top enterprise with the highest CIT in 2021

The General Department of Taxation of Vietnam has Official Dispatch 3786/TCT-KK dated October 13, 2022 on publicizing the list of V1000 enterprises with the highest CIT in 2021.

Vietnam: Viettel continues to be the top enterprise with the highest CIT in 2021 (Source: Internet)

Top 15 enterprises in Vietnam with the highest CIT in 2021

The following is a list of the 15 enterprises in Vietnam wth the highest CIT in 2021:

1. Military Industry-Telecommunications Group (Viettel)

2. Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank)

3. Green City Development Joint Stock Company

4. Vietnam Technological and Commercial Joint Stock Bank (Techcombank)

5. Joint Stock Commercial Bank for Industry and Trade of Vietnam (Vietinbank)

6. Honda Vietnam Company

7. Vietnam C.P Livestock Joint Stock Company

8. Vietnam Prosperity Joint Stock Commercial Bank (VPBank)

9. Gia Lam Urban Development and Investment Co., Ltd

10. Bank for Agriculture and Rural Development of Vietnam (Agribank)

11. SAMSUNG ELECTRONICS Vietnam Co., Ltd

12. Vietnam Dairy Products Joint Stock Company (Vinamilk)

13. Military-Commercial Joint Stock Bank (MB Bank)

14. Heineken Vietnam Brewery Co., Ltd. 15.

15. Long Hung Agricultural & Construction Services Cooperative

Viettel Group continues to lead the pack as one of the largest corporate income tax payers.

V1000 list selection criteria in Vietnam

The criteria for determining the ranking list of V1000 enterprises paying the largest CIT in 2021 are specifically as follows:

- Enterprises selected to be included in the ranking list include:

+ Enterprises established under Vietnamese law

+ Foreign enterprises

+ Other organizations having production and business activities have income subject to CIT according to the provisions of the Law on CIT.

- CIT payment rate is the total amount of corporate income tax paid to the state budget in 2021. Enterprises with branches and affiliated units (granted a 13-digit affiliated unit tax code) include: including the paid CIT amount of the head office and branches and affiliated units.

Public Content on the V1000 Rating List in Vietnam

Public content of The list of V1000 enterprises with paid CIT numbers in 2021 includes the following information:

- Number ranked in order of CIT paid in the year from highest to lowest;

- Corporate tax code;

- Company's name

See details of the list of V1000 enterprises paying the largest CIT in 2021 in Vietnam's Official Dispatch 3786/TCT-KK dated October 13, 2022.

Thanh Rin

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