October 2021 | KPMG in Vietnam

On 29 September 2021, the Ministry of Finance has issued Circular 80/2021/TT-BTC (“Circular 80”) detailing the implementation of the Tax Administration Law No. 38/2019/QH14 dated 13 June 2019 and Decree 126/2020/ND-CP dated 19 November 2020. Apart from the guidance on general tax administration, the Circular has a separate chapter which sets out important guidelines on tax administration for overseas suppliers who do not have a permanent establishment in Vietnam but conducting e-commerce and/or digital based businesses and having income arising in Vietnam (hereinafter referred to as “Overseas Suppliers”). This Circular will come into effect from 1 January 2022.

Explore further to learn more about how KPMG can help:

— Download English PDF

Tax and Legal Alerts: Keep up to date with our Tax & Legal Alerts for the latest changes to tax and legal laws relating to your business, the market and professional activities.

Other editions:

— IFRS Conversion Services and Workshops (Link)

— 2021 Tax Audit Support Program (Vietnamese)

— 2021 Year-end Corporate Income Tax Compliance (5 Languages)

— VAT Refund Support (5 Languages)

— Tax incentive for Supporting industries (5 Languages)

— Global Mobility Services (EnglishVietnamese)

— Legal Immigration & Employment (English, Vietnamese)

— International Tax Advisory (English)

— Transfer Pricing in Vietnam (English)

— Future-Ready with KPMG: Partnering for Success (English, Vietnamese)

— Future-Ready with KPMG: Partnering for Growth (English, Vietnamese)

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