Taxes applied to foreign contractors

Every foreign contractor will not have to pay any tax for any works already finished abroad when supplying services for its Vietnamese business sides.
However, based on Official Letter 16/CT/DTNN dated January 5, 2004 by the general Department of Taxation if part of the contract between a Vietnamese and foreign business is already carried out in Vietnam but the value of contract is not permitted to be separated for each kind of work, the foreign business party called the foreign contractor will still have to pay tax in Vietnam for the total value of the contract.

 

Category: Legal