12.22.22
Standard VAT rate will resume to 10% from 1st January 2023
We previously communicated about the temporary reduction of the standard VAT rate in Vietnam from 10% to 8%, effective from 1 February 2022 to 31 December 2022.
According to Decree 15/2022, the standard VAT rate will be reinstated back to 10% from 1 January 2023.
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Browse Vietnam updates
2 % VAT reduction on Standard VAT rate for 2023
- VAT/G(S)ST rate information
Standard VAT rate will resume to 10% from 1st January 2023
- VAT/G(S)ST rate information
Proposal for temporary VAT reduction on oils
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No requirement for e-invoices for export customs declarations
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Launch the tax portal for cross-border businesses
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Temporary reduction in VAT standard rate
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New Circular guiding the Tax admin law 2019 and Decree 123/2020 on E-invoice
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Introduction to Vietnam’s mandatory e-invoicing
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