On November 19, 2022, the Large Enterprise Tax Department under the General Department of Taxation issued Notice No. 357/TB-DNL on the list of foreign suppliers conducting e-commerce and business-based business activities digital platforms and other services with organizations and individuals in Vietnam that have registered for tax in Vietnam. Accordingly, 39 foreign suppliers have registered for tax, including Microsoft Regional Sales Pte Ltd, Netflix Pte Ltd, Tiktok Pte Ltd, Spotify AB, Meta Platforms Ireland Limited, Facebook Payment International Limited, Google Asia Pacific Pte Ltd…
According to Article 81, Circular 80/2021/TT-BTC, stipulating the responsibilities of organizations and individuals in Vietnam in case of purchasing goods and services from overseas suppliers then organizations, commercial banks or payment intermediaries will have to declare, withhold and pay tax on behalf of overseas suppliers in case that supplier does not make tax registration, tax declaration, pay tax in Vietnam.
