VINA BOOKKEEPING would like to note with Valued Enterprises and Readers: Annual Submission of Software Production Activity Reports for IT Enterprises
In accordance with current regulations, enterprises engaged in software production are required to submit an “ANNUAL SOFTWARE PRODUCTION ACTIVITY REPORT” to the Ministry of Information and Communications no later than March 15th of the following year. Although there are no explicit written guidelines, recent tax audits and inspections have shown a trend of considering this report a crucial basis for assessing whether an enterprise meets software production processes for corporate income tax (CIT) incentive purposes.
Therefore, we recommend that software production enterprises comply with the regulation of submitting the “ANNUAL SOFTWARE PRODUCTION ACTIVITY REPORT” to mitigate the risk of losing CIT incentives and to fulfill reporting obligations to the Ministry of Information and Communications.
1- Legal Basis:
Under Clause c, Article 15 of Government Decree No. 71/2007/ND-CP dated May 3, 2007, detailing and guiding the implementation of certain provisions of the Law on Information Technology regarding the IT industry:
“…c) Annually, no later than March 15th, information technology enterprises must submit the previous year’s specialized industry activity report to the local Department of Posts and Telecommunications. The Ministry of Posts and Telecommunications shall specify the contents of the report.”
Under Clause 2, Article 5 of Circular 13/2020/TT-BTTTT of the Ministry of Information and Communications, which specifies the responsibilities of organizations and enterprises engaged in software product production:
“2. Organizations and enterprises involved in software product production as specified in this Circular are responsible for:
…b) Submitting and updating information on software products and stages in software production that meet the process and deductible tax levels to the Ministry of Information and Communications (IT Department) for synthesis.”
2- Report Submission Frequency:
In cases where there are changes in business activities (such as new software production investment projects, changes in revenue, changes in applicable corporate income tax incentives, etc.), enterprises must submit a report to the Ministry of Information and Communications. Typically, given that enterprise activities fluctuate annually (e.g., changes in revenue and deductible tax levels), the report should be submitted once a year. Please refer to the attached report template for further details.
3- Methods of Report Submission: Enterprises may choose one of the following submission methods:
- Email Submission: Enterprises can submit the soft copy of the report via email to: vanthucntt@mic.gov.vn (Email subject: Software Production Activity Report)
- Hard Copy Submission by Post: Submit the hard copy of the report via post to: The Department of Information and Communication Technology Industry – Ministry of Information and Communications I 19th Floor, 115 Tran Duy Hung Building, Cau Giay District, Hanoi I Phone: 0931.108.108, Email: vanthucntt@mic.gov.vn
- Online Submission: Enterprises can access, register an account, and submit the report online via the website: https://makeinvietnam.mic.gov.vn/
Notice: The content of this email and the attached document contains general information only and should not be construed as providing services or professional advice. You should consult with a qualified expert for specific and accurate guidance. Should you require any assistance, please feel free to contact us at news@vbk.com.vn.
For detailed report sample content, please see the attached file
