Library

Dispatch 17164/BTC-TCT on taxation the loan interest

Profit from lending activities of organizations and individuals which are not credit institutions will not have to pay VAT.

That is the guidance of the Ministry of Finance in Dispatch 17164/BTC-TCT issued on December 11th 2012.

Accordingly, the Ministry has identified the above lending activities are credit services.

This service is one of the subjects that are exempt from tax under the provisions in Paragraph 8, Article 5 of the Law on value added tax.

Dispatch takes effect from the date of issuance.

Tuan Nguyen

Recent Posts

Enforce a Foreign Arbitral Award in Vietnam: 7 Checks Before Filing

Winning an arbitration does not by itself recover money in Vietnam. To enforce a foreign…

3 days ago

Birth Re-Registration in Vietnam: Requirements When the Original Record Is Lost

Birth re-registration in Vietnam is an exceptional route for a birth that was registered with…

3 days ago

Birth Registration in Vietnam With a Foreign Parent: Documents and Current Procedure

Birth registration in Vietnam with a foreign parent is an initial civil-status procedure that creates…

3 days ago

Taiwan Anti-Dumping Investigation on Cold-Rolled Stainless Steel from Vietnam

On August 14, 2026, Taiwan's Ministry of Finance opened an anti-dumping investigation into certain cold-rolled,…

4 days ago

Vietnam Decree No. 314/2026/ND-CP on Data Exchange Transactions: FDI Impact

Decree 314 /2026/ND-CP, effective from September 25, 2026, establishes rules for listing, testing, contracting, delivering,…

5 days ago

Vietnam Birth Certificate Extract: 7 Requirements for Retrieval From Abroad

A Vietnam birth certificate extract can usually be requested when the birth was registered and…

1 week ago

This website uses cookies.