Schedule for submitting tax declarations for 4th quarter of 2024 in Vietnam

Schedule for submitting tax declarations for 4th quarter of 2024 in Vietnam​ (Image from the internet)

1. Schedule for submitting tax declarations for 4th quarter of 2024 in Vietnam

Based on Clause 1 Article 44 of the Tax Administration Law 2019, the deadline for submitting tax declarations for taxes declared on a monthly or quarterly basis is as follows:

- No later than the 20th of the following month for monthly declaration and submission;

- No later than the last day of the first month of the subsequent quarter for quarterly declaration and submission.

The deadline for submitting the VAT tax declaration for the fourth quarter of 2024 is the last day of the first month of the subsequent quarter, i.e., January 31, 2025.

However, since January 31, 2025, falls on the third day of the Lunar New Year, a holiday, the deadline for submitting tax declarations for the fourth quarter of 2024 will be moved to the next working day.

According to regulations, the Lunar New Year 2025 holiday for officials and public employees ends on February 2, 2025, so the deadline for submitting tax declarations for the fourth quarter of 2024 will be February 3, 2025.

2. When can the submission deadline for tax declarations for the fourth quarter of 2024 in Vietnam be extended?

According to Article 46 of the Tax Administration Law 2019, the regulation on extending the submission of tax declarations is as follows:

- Taxpayers unable to submit tax declarations on time due to natural disasters, catastrophes, pandemics, fires, or unexpected accidents will be granted an extension by the head of the directly managing tax authority.

- The extension period shall not exceed 30 days for monthly, quarterly, annual tax declarations, or tax declarations for each tax obligation occurrence; and 60 days for annual tax settlement declarations from the expiration date of the required submission.

- Taxpayers must submit a written request for an extension to the tax authority before the deadline for tax declarations, clearly stating the reason for the extension with confirmation from the commune-level People's Committee or police where the extension case due to natural disasters, catastrophes, pandemics, fires, or unexpected accidents occurred.

- Within 3 working days from the receipt of the extension request, the tax authority must respond in writing to the taxpayer about whether the extension is granted.

Thus, taxpayers can extend the submission deadline for tax declarations for the fourth quarter of 2024 if they are unable to submit on time due to natural disasters, catastrophes, pandemics, fires, or unexpected accidents and are granted an extension by the head of the directly managing tax authority.

3. Can tax declarations for the fourth quarter of 2024 in Vietnam be submitted online?

According to Clause 5 Article 4 of Circular 19/2021/TT-BTC, taxpayers can prepare and submit electronic tax declarations and electronic documents to pay into the state budget through one of the following methods:

- Preparing electronic tax declarations and electronic payment documents online on the Portal of the General Department of Taxation/the competent state agency’s portal/through a T-VAN service provider:

+ Taxpayers access the Portal of the General Department of Taxation/the competent state agency’s portal/T-VAN service provider portal, prepare electronic tax declarations, electronic documents for payment online at the selected portal, electronically sign, and send them to the tax agency.

+ The T-VAN service provider is responsible for forwarding the taxpayer’s electronic tax declarations, electronic payment documents to the Portal of the General Department of Taxation as prescribed at Point b Clause 1 Article 46 of Circular 19/2021/TT-BTC.

- Specifically for tax declarations, taxpayers may also choose to prepare tax declaration documents using software or supporting tools for declaration provided by the tax authority or by themselves which comply with the data format standards of the tax authority; then access the selected portal, electronically sign, and send the electronic tax declaration to the tax agency.

- For electronic tax payment through bank e-payment services or intermediary payment service providers, taxpayers access the bank’s or intermediary payment service provider’s information exchange portal, and prepare payment documents into the state budget according to the bank’s or intermediary payment service provider’s instructions. The bank or the intermediary payment service provider forwards the taxpayer’s electronic payment information to the Portal of the General Department of Taxation as stipulated in Article 21 of Circular 19/2021/TT-BTC.

Note: The electronic tax declaration submission and electronic tax payment are available 24 hours a day and 7 days a week, including holidays and Tet as regulated in Article 8 of Circular 19/2021/TT-BTC.

As per the above regulations, taxpayers can choose to prepare tax declarations using software or support tools for declarations provided by the tax authority or by themselves which comply with the tax authority's data format standards; then access the selected portal, electronically sign, and send the electronic tax declaration to the tax authority.

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