Vietnam: 13 new points in Circular 10/2021/TT-BTC on management of customer service tax procedures

Promulgated together with Vietnam's Official Dispatch 427/TCT-TTHT are 13 new points of Vietnam's Circular 10/2021/TT-BTC guiding the management of tax procedure service practice, for example:

- Additional 02 tax agency services are provided to taxpayers (Clause 2, Article 3), including: Tax consulting services and accounting services for micro enterprises.

Previously: In Clause 1, Article 2 of Vietnam's Circular 117/2012/TT-BTC, it only stipulates the service of carrying out tax procedures.

- Amendments to the conditions for taking the exam for the issuance of a tax procedure service practice certificate:

• New Point 1 (Clause 2, Article 4): It is required that candidates must have a university degree or higher in a discipline or major in economics, tax, finance, accounting, auditing, or law; or have a university diploma or higher;

Previously, Clause 2, Article 11 of Vietnam's Circular 117/2012/TT-BTC, stipulates: "Having a college degree or higher in …"

• New Point 2 (Clause 3, Article 4): Increase the actual working time in tax, finance, accounting, and audit from 36 months or more while also eliminating the regulations on working in the legal field. At the same time, there are clear instructions that the actual working time is calculated cumulatively from the graduation time stated on the university degree to the time of registration for the exam.

Previously: There was no clear guidance on working time.

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Details can be found in Vietnam's Official Dispatch 427/TCT-TTHT, issued on 22/02/2021.

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