Does the 0% VAT Incentive Apply to Goods Delivered in Vietnam as Designated by a Foreign Entity?

If your company sells goods to a foreign trader who has no presence in Vietnam, and this foreign trader designates the goods to be delivered to another business within Vietnam, this is considered on-the-spot export according to Clause 1, Article 86 of Circular 38/2015/TT-BTC.

If the on-the-spot export goods meet the conditions specified in Clause 2, Article 9 of Circular 219/2013/TT-BTC and are not among the cases listed in Clause 2, Article 1 of Circular 130/2016/TT-BTC, the 0% VAT rate can be applied.

Contact W&A for more detailed information!