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Legal updates

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Official Dispatch No. 58653 dated August 11, 2023 of the Hanoi Tax Department Guiding for reducing VAT in case of issuing invoices at the wrong time

Accordingly, in case the Company has a work item accepted in June 2023 but invoices are issued in July 2023, it is an act of invoicing at the wrong time and the 8% VAT rate under stipulated in Clause 1, Article 2 of Decree 44/2023/ND-CP dated June 30, 2023.

Please kindly check attachment file for further reference

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