Update

Extension of VAT payment to April 2013

From October 22nd 2012, the amount of VAT to be paid from June 2012 will continue to be extended until April 20th 2013.

That’s the key contents of Circular 175/2012/TT-BTC guiding the extension to pay VAT under Resolution 67/NQ-CP issued on October 22nd 2012.

Previously, those amount of tax was extended until January 2013 as regulated in Resolution 13/NQ-CP and Circular 83/2012/TT-BTC.

Enterprises eligible for VAT extension under Resolution 13 and Circular 83 will continue to be extended in accordance with this Circular.

Circular takes effect from the date of issuance.

Our professional consultants and lawyers always follow the changes in Vietnam regulations to update our clients regularly.

Tuan Nguyen

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