According to Circular 95/2016/TT-BTC guiding tax registration, organizations and individuals engaged in production and business activities are responsible for registering within the following deadlines:
1. For organizations: 10 working days, from the date
- As stated on the License, Establishment Decision; Certificate of Registration of the subsidiary unit or equivalent license issued by the competent authority.
- Recorded on the business registration certificate issued by a country sharing a land border with Vietnam, for the purpose of buying, selling, and exchanging goods at border markets, border gates, and markets within Vietnam's border economic zones.
- This gives rise to the responsibility of withholding and remitting taxes on behalf of foreign contractors and subcontractors; and organizations paying taxes on behalf of individuals under contracts and business cooperation agreements.
- Contracts signed with foreign contractors and subcontractors are subject to direct tax declaration and payment.
- Signing oil and gas contracts and agreements.
2. For individuals
- Along with the deadline for filing your first tax return.
- 10 working days from the date stated on the Business Registration Certificate in case the certificate has been issued.
Circular 95/2016/TT-BTC on timely tax registration came into effect on August 12, 2016, and replaces Circular 80/2012/TT-BTC.
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