Periodic tax work always accompanies the company and business in the process of operation. However, not all companies and businesses are well aware of these jobs.
In the content of the article below, MVA will send you a reference to the periodic jobs on tax in companies and businesses.
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The general periodic work on tax of the company, the enterprise includes:
- Submit periodic invoice usage reports
- Submit VAT return
- File a personal income tax return
- Pay corporate income tax temporarily calculated on a quarterly basis
- Finalization of annual tax for personal income tax
- Finalization of annual tax for corporate income tax
- Declaration and payment of non-agricultural land use tax
- Annual declaration and payment of agricultural land use tax
- Declare and pay license fees
- Submit periodic invoice usage reports
Quarterly, the enterprise must send a report on the use of invoices to the direct management Sub-department of Taxation, even if the invoice is not used in the period (in the report on the use of invoices, write the number of invoices use zero (=0))
The deadline for submitting specific quarterly reports is as follows:
| First quarter | Second quarter | Third quarter | Fourth quarter |
| April 30th. | July 30th. | October 30th. | January 30 of the following year. |
- File a Value Added Tax Return
Businesses declare value added tax on a monthly or quarterly basis.
Enterprises with total revenue from selling goods and providing services of the preceding year of VND 50 billion or less are subject to quarterly value-added tax declaration.
Enterprises that are not subject to quarterly VAT declaration shall make monthly declarations.
Enterprises are responsible for identifying themselves as subject to monthly or quarterly tax returns to make tax declarations according to regulations.
In particular, enterprises that have just started production and business activities shall declare value-added tax quarterly.
| VAT declaration by month | Quarterly VAT declaration |
| No later than the 20th day of the following month. | No later than the 30th day of the first month of the next quarter. |
- File a personal income tax return
Enterprises declare personal income tax on a monthly or quarterly basis. If in the month (if the declaration is monthly) or quarterly (if the declaration is made quarterly) there is no personal income tax withholding, it is not required to declare that month or quarter.
Deadline for filing personal income tax returns:
| Tax return by month | Quarterly tax returns |
| No later than the 20th day of the following month. | No later than the 30th day of the first month of the next quarter. |
- Pay corporate income tax temporarily calculated on a quarterly basis
Quarterly, the enterprise shall temporarily pay corporate income tax for that quarter, no later than the 30th (thirtieth) day of the quarter following the quarter in which the tax liability arises ; businesses only need to pay the provisional tax amount, not a tax return.
The amount of tax to be paid is completely determined by enterprises based on the previous year’s corporate income tax amount and expected business results this year.
For enterprises that must prepare quarterly financial statements as prescribed by law (such as state-owned enterprises, enterprises listed on the stock market and other cases as prescribed), based on the and regulations of tax law to determine the amount of tax to be temporarily paid.
- Finalization of annual tax for personal income tax
No later than the 90th (ninety) day from the end of the calendar year (tax year) , the enterprise must finalize personal income tax whether or not tax withholding is incurred in the year and decide to on behalf of authorized individuals.
In case the enterprise does not generate income from salary or wages, it is not required to declare personal income tax.
- Finalization of annual tax for corporate income tax
No later than the 90th (ninety) day from the end of the calendar year or the fiscal year (for businesses that choose an accounting period other than the calendar year), the enterprise must submit a tax finalization declaration form . Import enterprises to the Tax Department for direct management.
See details of annual tax finalization records for corporate income tax here .
- Declaration and payment of non-agricultural land use tax
Enterprises that are allocated or leased non-agricultural land by the State for the implementation of investment projects are responsible for calculating, self-declaring and paying non-agricultural land use tax according to regulations.
Every year, the enterprise does not have to make a re-declaration if there is no change in the taxpayer and the factors leading to the change in the payable tax amount.
Enterprises pay non-agricultural land use tax of the year in 2 installments, with the following deadlines:
| First period | Second term |
| No later than May 31.. | No later than October 31. |
- Declaration and payment of agricultural land use tax annually
Enterprises using agricultural land are responsible for determining and submitting agricultural land use tax declaration dossiers to the Sub-department of Taxation where the land is subject to agricultural land use tax.
Deadline for filing tax returns:
| Case | Deadline for submission |
| Agricultural land. | No later than January 30 of each year. |
| Agricultural land for the area of perennial crops harvested once. | Within 10 (ten) days from the date of exploitation of the harvested output. |
| There is an increase or decrease in the taxable agricultural land use area. | No later than 10 (ten) days from the date of increase or decrease in land area. |
In case agricultural land use tax is exempted or reduced, the agricultural land use tax declaration dossier must still be submitted together with papers related to the determination of tax exemption or reduction of the first year and the year following the year after the expiration of the tax period. tax exemption, tax reduction.
- Declare and pay license fees
Enterprises are responsible for declaring and paying license fees when they start doing business to the Sub-department of Taxation for direct management.
In case an enterprise has a branch, representative office or business location (hereinafter referred to as a dependent unit) doing business in the same locality of the province; then, the enterprise shall declare and pay license fees for those dependent units with the Tax Department directly managing the enterprise.
In case the enterprise has a dependent business unit located in another locality at the provincial level; then, those dependent units declare and pay license fees to the Tax Sub-Department directly managing them.
Enterprises and dependent units declare the license fee once when they start operating and doing business, no later than the last day of the month of starting production and business activities ;
In case of new establishment but not yet engaged in production and business , the license fee must be declared within 30 days from the date of being granted the Certificate of Business Registration or Certificate of Operation Registration.
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