New tax regulations for online business households effective from July 01
18/06/2025
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(binhthuan.gov.vn) According to Government Decree
No. 117/2025/NĐ-CP, starting from July 01, 2025, e-commerce platforms will be
required to declare and pay taxes on behalf of sellers operating on their
platforms. The decree also stipulates tax adjustments for canceled or returned
e-commerce transactions.
Under the new decree, digital platforms and e-commerce
marketplaces must withhold and remit taxes on behalf of business households and
individuals selling via their platforms. Tax declarations must be submitted
monthly.
Specifically, platforms are required to withhold and pay
value-added tax (VAT) and personal income tax on behalf of sellers once an
order is successfully confirmed and payment is accepted by the buyer.
Sellers include both domestic and foreign individuals
residing in or outside Vietnam. The applicable tax rates are determined as a
percentage of the revenue generated from each completed transaction: VAT ranges
from 1% to 5%, while personal income tax ranges from 0.5% to 5%, depending on
the type of transaction and the seller’s place of residence.
In the case of canceled or returned orders, platforms must
offset the previously withheld tax amounts with the sellers.
The decree also mandates that business households and
individuals selling through platforms must declare and pay other relevant
taxes, such as special consumption tax, environmental protection tax, and
natural resource tax. Additionally, sellers are required to provide full
identification information to the e-commerce platforms.
Huu Tri