VAT on Income of Foreign Contractors from Transfer of Trademark-use Rights

Global Tax Update:November 2015/Vietnam

Hanoi Department of Taxation (“HDT”) and Ho Chi Minh Department of Taxation (“HCMDT”) have issued a number of Official Letters (“OL”) guiding VAT liability on income of foreign contractors from the transfer of trademark-use rights (OL No. 3159/CT-TTHT dated 15 April 2015 and OL No. 53638/CT-HTr dated 14 August 2015). (Global Tax Update: November 2015/Vietnam)

Explore Content

According to the guidance in these OLs, the transfer of brand name/ trademark-use rights (not a permanent transfer, not a transfer of intellectual property rights in accordance with the Law on Intellectual Property) should be subject to Vietnamese Foreign Contractor Witholding Tax (“FCWT”) at the VAT rate of 5%.

This newsletter explains the following topics;





>> Click for Japanese [外国契約者の商標使用権移転に係る所得に対するVAT]

(69KB, PDF)

Related Services

Deloitte Tohmatsu Tax Co. provides Japanese companies are considering developing business overseas with one-stop international tax services in relation to foreign investment to support their globally appropriate, optimal tax risk/cost management that is aligned with their business operations through Deloitte’s global network.

Did you find this useful?