- Households and individual businesses with annual revenue up to 50 billion VND must declare and pay VAT quarterly.
- Those with annual revenue over 50 billion VND must declare and pay VAT monthly.
- VAT declaration and payment schedules are based on annual revenue thresholds.
Source: media.chinhphu.vn
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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