Update

Tax rate of value added tax for scientific services is 5%.

The General Department of Taxation has written directions lead this service group under the VAT rate of 5%.

According to the General Department of Taxation, science and technology services are the services of scientific research and technological development; the activities related to intellectual property; the information services, counseling, training and retraining, dissemination and application of scientific knowledge and technology and practical experience, not including online games and entertainment services over the Internet.

Tuan Nguyen

Recent Posts

Executive Office for Foreign Contractors in Vietnam: 7 Issues to Plan Before Engineer Mobilization

An executive office for foreign contractors in Vietnam is not just a physical office for…

18 hours ago

Arbitration Procedure in Vietnam: 7 Stages Foreign Companies Should Prepare For

Arbitration procedure in Vietnam can affect your time, your cost, your evidence position, and your…

7 days ago

Apply for A Construction Operation License in Vietnam: 9 Steps Foreign Contractors Should Plan Before Mobilization

Foreign contractors usually realize they need a construction operation license later than they should, and…

1 week ago

Arbitration Clause in Vietnam: 7 Drafting Mistakes Foreign Companies Should Avoid

To most managers’ surprise, an arbitration clause in Vietnam is one short paragraph in your…

2 weeks ago

Contractor Permit in Vietnam: 5 Points Explained

Foreign contractors working in Vietnam often see different words used for the same approval. Some…

2 weeks ago

Construction Operation License in Vietnam: 9 Things Foreign Project Managers Should Know Before the Contract Start Date

Let’s face the reality. After the contract is signed, the project owner expects you on…

3 weeks ago

This website uses cookies.