- Vietnam’s 2025 VAT Law amendments remove the requirement for buyers to depend on sellers’ VAT declaration/payment to claim input VAT refunds.
- Refunds are now based solely on the buyer’s compliance and documentation, reducing delays and risks previously caused by supplier non-compliance.
- The reform aligns Vietnam with international best practices and improves cash flow and business planning for compliant businesses.
- Documentation accuracy and digital readiness remain critical, with expectations of increased digital controls and data matching.
- The change signals broader VAT modernization and fairer allocation of VAT risks in Vietnam.
Source: vatit.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.
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