29 September 2021
On 1 September 2021, the Tax Department of Hai Duong Province issued Official Letter No. 8079/CTHDU-TTHT to guide the issuance of invoices when transferring land and assets formed on land. Some of the main contents are as follows:
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The transfer of factories and assets formed on land between export-processing enterprises is not subject to VAT.
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Invoices used for such activity are sales invoices. This invoice must have a notification state that "For organizations and individuals in non-tariff zones".
For further information, please contact:
Minh Ngo Nhat, Managing Partner, BLawyers
minh.ngo@blawyersvn.com
