blue-check Regarding VAT upon transfer of project

Official letter No. 4837/TCT-CS dated December 4th, 2018 of the General Department of Taxation regarding issuance of invoice for transfer of project
Posted: 21/12/2018 11:26:03 AM | Latest updated: 7/1/2019 6:40:26 PM (GMT+7) | LuatVietnam: 4624 | Vietlaw: 389

According to Clause 4 Article 5 of Circular No. 219/2013/TT-BTCstatus2 , if the activity of transfer of a project within the investment stage meets the conditions of investment – related laws and the transferee continues performing the project in accordance with the initial target, it shall be exempt from declaration and payment of VAT.

When the transferor makes invoice, it is only required to write at the entry of selling price which is the payment price; at the entry of tax rate, the VAT amount shall not be written and shall be crossed out.

Ms. Phuong Thao (
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PublishedVietlaw's Newsletter No. 389
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nexto  Regarding VAT upon transfer of a project (3/8/2017) 

nexto  Regarding VAT exemption in the case of changing investment objectives after a project is transferred (13/7/2017)