-
From July 1, 2025, platforms must withhold and remit VAT on behalf of individual sellers, as mandated by Decree 117 under Vietnam’s updated VAT law.
-
Platforms must adapt systems to classify sellers, validate residency, and issue VAT-compliant invoices and tax certificates—despite limited time and unclear procedures for foreign operators.
-
To meet VAT obligations, platforms must collect personal data, triggering compliance issues with Vietnam’s data protection laws and complicating lawful cross-border data processing.
Source: GVC
Latest Posts in "Vietnam"
- Basis for Applying 8% or 10% VAT Rates According to Decree 174/2025/NĐ-CP
- New VAT Law Creates Cash Flow Crisis for Vietnamese Agricultural Exporters
- Vietnam’s 2025 VAT Refund Eligibility: Key Criteria and New Regulations Explained
- Vietnam Announces Temporary VAT Reduction to 8% for Key Sectors Until December 2024
- Guidelines for Handling VAT After Provincial Merger in Vietnam (2022-2025)
