Official letter No. 6158/TCHQ-TXNK dated October 22nd, 2018 of the General Department of Vietnam Customs regarding tax policy applicable export processing enterprises (EPEs)
According to point c Clause 4 Article 2 of the Law on import and export duties No. 107/2016/QH13, goods imported from abroad to non-tariff zones shall be exempt from import duty. read more
Accordingly, in case an EPE meets the regulations provided for non-tariff zones (according to Clause 1 Article 4 of the Law on import and export duties), its imports shall be exempt from import duty.
However, if the EPE fails to meet the regulations provided for non-tariff zones, its imports shall not be exempt from duty under the aforesaid provision but they shall be subject to regulations of law on investment.
Currently, industrial parks belong to areas with socio-economic disadvantages (Point 55 Annex II issued together with Decree No. 118/2015/ND-CP). Accordingly, if the EPE is located in an industrial park, it shall be exempt from duty on goods imported to form fixed assets according to Clause 11 Article 16 of the Law on import and export duties.
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