Ho Chi Minh City has launched an online tax filing service for businesses in a bid to reduce bureaucratic delays and improve tax management.

Taxpayers with bank accounts at BIDV, Vietcombank, Vietinbank, Agribank and MB Bank can use the service. All the documents will be verified via digital signatures.

This year, BIDV is offering the service for free.

Businesses are required to register online at http://kekhaithue.gdt.gov.vn. Once they have set up an account, they need to sign in and follow the instructions, a representative from the General Department of Taxation said during the initiative’s launching ceremony in Ho Chi Minh City on September 16.

The initiative moves Vietnam one step closer to a modern e-government, whilst also reducing costs, Deputy Director of the municipal Taxation Department Tran Ngoc Tam said.

This alternative tax filing method is optional.-VNA