Registration of VAT declaration for export processing enterprises engaged in activities of purchase and sale of goods in Vietnam

07/08/2017 Newest VBP

On March 29th 2017, the General Department of Tax issued the official dispatch No. 1156/TCT-CS. Whereby, export processing enterprises which are granted business certificate engaged in the activities of purchase and sale of goods in Vietnam must open separate accounting books for revenue, expenses directly related to the activities of purchase and sale of goods in Vietnam and register tax with the local tax authority in order to declare and pay VAT separately for this activity.