Official Letter No. 4512/CT-CS dated October 20, 2025, issued by the Tax Department regarding value-added tax (VAT) policy

Accordingly, prior to July 1, 2025, in cases where the Company conducts business activities in the international isolation area of Da Nang International Airport, the 0% VAT shall be applied in accordance with the provisions Article 2 of Circular No. 149/2010/TT-BTC and customs procedures shall be carried out in accordance withArticle 3 of the same Circular.

However, if the Company fails to provide sufficient documentation to substantiate VAT deduction or refund, or fails to meet the bank payment requirement for goods and services valued at VND 20 million or more, the Company shall not be required to declare output VAT but shall also not be entitled to input VAT deduction.

From July 1, 2025, the Company shall comply with the provisions set forth under the Law on Value-Added Tax No. 48/2024/QH15 and Decree No. 181/2025/NĐ-CP dated July 1, 2025, issued by  the Government.

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