In order to support production and business activities for recovering and stabilizing the economy after the pandemic, the Government has issued Decree 34/2022/ND-CP dated 28 May 2022 (“Decree 34”) on extending the deadline for payment of VAT, CIT, PIT and land rental fee in 2022. In this newsflash, Grant Thornton Vietnam would like to update our valued customers on main points in Decree 34 on the extension of tax payment deadline as follows:

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The enterprises should carefully review the policies and conditions to enjoy the incentives in accordance with regulations. Please contact the experts at Grant Thornton Vietnam for in-depth advice should you have any questions during the review, assessment, planning and implementation process of the abovementioned tax incentives.