Official Letter No. 253/CTHN-TTHT dated January 3, 2025 issued by the Hanoi Tax Department regarding determination of VAT Rates for Export Services

by KMC Consulting Company Limited

0% VAT applies to exported goods, services; construction and installation activities abroad and in non-tariff zones; international transportation; goods and services not subject to VAT upon export.

Exceptions include services provided in Vietnam to foreign organizations or individuals such as:

  • Sports competitions, cultural performances, entertainment, conferences, hotels, training, advertising, tourism.
  • Online payment services.

Services Related to the Sale, Distribution, and Consumption of Products and Goods in Vietnam

Based on the above-mentioned regulations and guidelines, revenue shared from enterprises cooperation contracts with foreign companies and foreign advertising partners is subject to a 10% VAT rate, as specified in Article 11 of Circular No. 219/2013/TT-BTC dated December 31/2013, issued by the Ministry of Finance.

For more detailed information about this or related VAT support, please don't hesitate to contact us.