- New VAT regulations effective from 1 July 2025
- Key legal documents include the VAT Law 2024, Decree No. 181/2025, and Decree No. 117/2025
- E-commerce and digital platforms must withhold and remit VAT on behalf of sellers
- Aims to enhance state budget revenue, create fair business environment, increase intermediary responsibility, and simplify tax compliance
- Applies to offshore suppliers without a permanent establishment in Vietnam and business households and individuals on e-commerce platforms
- Regulations help reduce tax evasion and promote transparency in e-commerce and digital platforms
Source: indochinecounsel.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
