Vietnam’s procedure for generating codes of household businesses as of July 1, 2023

Procedure for generating codes of household businesses as of July 1, 2023

Circular No. 02/2023/TT-BKHDT has added Article 5b to Circular No. 01/2021/TT-BKHDT as follows:

A household business code is a number generated automatically by the Tax Registration Application System and transmitted to the system of information on household business registration for issuance when a person or household applies for household business registration. The household business code is displayed on the Certificate of Household Business Registration. This code is also the tax code of the household business.

Procedure for generating codes of household businesses:

- When an application for household business registration is eligible for the issuance of the Certificate of Household Business Registration, the system of information on household business registration shall transmit the information on household business establishment registration to the Tax Registration Application System;

- The Tax Registration Application System shall receive the mentioned information from the system of information on household business registration and automatically inspect the conformity of the information according to laws on tax registration.

If the information is conformable to laws on tax registration, the Tax Registration Application System shall automatically generate a household business code and designate a tax administration agency for the household business while transmitting such information to the system of information on household business registration.

If the information is ineligible according to laws on tax registration, the Tax Registration Application System shall automatically provide a notification of the ineligibility and transmit the information to the system of information on household business registration;

- A commune-level household business registration agency shall, based on the information provided by the Tax Registration Application System, issue the Certificate of Household Business Registration and send a notification of the direct tax administration agency to the person or household applying for household business establishment.

If the application is ineligible for certificate issuance, the commune-level business registration agency shall provide notifications of the requirement for amendments or adjustments to the application.

See more details in Circular No. 02/2023/TT-BKHDT of the Ministry of Planning and Investment of Vietnam, effective as of July 1, 2023.

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