- The transfer of Verified Emission Reduction (VER) certificates is generally treated as a service for VAT purposes.
- If the service is consumed in Vietnam, it is subject to 10% VAT.
- If the transfer qualifies as an exported service under current regulations, it may be subject to 0% VAT.
Source: kpmg.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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