Vietnam: Taxes declared monthly, quarterly, annually and tax finalization (latest)

Time of declaration

Types of tax

Note

Monthly

Value-added tax (VAT), personal income tax

Taxpayers who satisfy the requirements specified in Article 9 of Decree No. 126/2020/NĐ-CP may declare these taxes quarterly

Excise duty

Environment protection tax

Resource royalty

Except for resource royalty for extraction and sale of natural gas

Fees and charges payable to state budget

Except those collected by diplomatic missions of Vietnam; customs fees, goods, luggage and vehicle transit charges

For extraction and sale of natural gas: resource royalty; corporate income tax; special tax of Vietnam - Russia Agreement

Quarterly

Corporate income tax incurred by foreign airliners and foreign reinsurers

VAT, corporate income tax, personal income tax declared on behalf of pledgors by credit institutions and third parties authorized by credit institutions to manage the collateral pending settlement

Personal income tax deducted by income payers that are eligible to declare VAT quarterly and also decide to declare personal income tax quarterly; individuals earning salaries or remunerations (hereinafter referred to as “salary earners”) who decide to declare personal income tax quarterly with tax authorities

Taxes and other amounts payable to state budget declared and paid on behalf of individuals by other organizations or individuals that are eligible to declare VAT quarterly and decide to declare tax on behalf of these individuals quarterly

Except for personal income tax directly declared by the income earners or declared and paid by the income payers on behalf of the income earners on income from real estate transfer, capital transfer, capital investment, copyright, franchising, wining overseas prizes; inheritance, gifts

Surcharges when crude oil price increases

Except petroleum activities of Vietsovpetro JV in block 09.1

Annually

Licensing fees

Personal income tax on individuals working as lottery, insurance, multi-level marketing agents that remains after deduction and ha to be paid at the end of the year

Presumptive taxes and other amounts payable by household businesses and individual businesses; lessors that decide to declare tax annually

Non-agricultural land use tax

In case a taxpayer has the land use right (LUR) of more than one land plots in the same district or different districts in the same province, annually declare tax on each land plot and on the entire area of homestead land.

The taxpayer is not required to declare tax on the entire area of homestead land in the following cases:

- The taxpayer has the LUR of one or some land plots in the same district with the total area not exceeding the limit on homestead land area in that district.

- The taxpayer has the LUR of more than land plots in different districts, none of which exceed the limit and the total area of levied land does not exceed the limit on homestead land area in that district.

Agriculture land levy

Annually paid land rents and water surface rents