Official Letter No. 1740/CCTKV.XVI-QLDN2 dated April 10, 2025, issued by the Regional Tax Sub-Department XVI regarding VAT policy

• In the case where the Company operates under the regime of an export processing enterprise and engages only in export activities, it is not required to submit VAT declaration dossiers in accordance with Point c, Clause 3, Article 7 of Decree No. 126/2020/NĐ-CP.
• If the Company operates under the regime of an export processing enterprise and purchases goods or services, and if the conditions prescribed in Article 9 of Circular No. 219/2013/TT-BTC are met, the VAT rate of 0% shall apply.
• In the case where the Company implements a new investment project in an industrial park located in Thu Dau Mot City (a Class I urban area under Decision No. 1959/QĐ-TTg of the Prime Minister)—an area with favorable socio-economic conditions—the Company is not eligible for the incentive of 2 years of tax exemption and a 50% reduction in payable tax for the following 4 years for income derived from the new investment project in the industrial park, as stipulated in Clause 6, Article 1 of Decree No. 91/2014/NĐ-CP.

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