Taxation for E-commerce in Vietnam

The Ministry of Finance of Vietnam is drafting a Decree on Tax Administration for E-Commerce and Digital Platforms (the “Draft”). 

The Draft provide that e-commerce and digital platforms tare required to actively track and withhold taxes from business households and individual sellers, and remit payments to tax authorities.   Offshore platforms must comply with Vietnam’s foreign tax registration requirements under Circular 80/2021/TT-BTC dated 29 September 2021 of the Ministry of Finance which provides for, among other things, (i) electronic tax registration via the General Department of Taxation’s online portal and (ii) direct tax declaration and payment, or appointment of a Vietnam-based tax agent to handle tax obligations.