On April 25, 2023, the Tax Department of Bac Ninh province issued Official Letter No. 1359/CTBNI-TTHT, according to which:
In case the Company is granted an investment certificate with the objective of establishing an export processing company, the Company is entitled to investment incentives and tax policies for non-tariff zones from the time the investment objective of establishing the export processing company is stated in the Investment Registration Certificate.
The company is in the process of initial construction such as building fences, roads around the factory, designing and constructing construction works… then the goods and services purchased by the Company can be applied VAT rate of 0% if they meet the conditions specified in Clauses 1 and 2, Article 9 of Circular No. 219/2013/TT-BTC and are not subject to the conditions that does not apply the VAT rate of 0% as prescribed in Clause 3, Article 9 of Circular No. 219/2013/TT-BTC dated December 31, 2013 of the Ministry of Finance.
After completing the construction process, the Company must be certified by the relevant official authorities that it meets the conditions for customs inspection and supervision under the law on export tax and import tax before operation official. In case the Company is not confirmed to meet the conditions for customs inspection and supervision, it is not entitled to the tax policy applicable to the non-tariff zone.
