Vietnam currently has 139 e-commerce trading floor owners, with 41 sales floors and 98 service floors. (Photo: VNA) Decree 91/2022/ND-CPamending and supplementing a number of articles of Decree 126 detailing the Lawon Tax Administration has just been promulgated by the Government, effectivefrom October 30.
Specifically, the new decree stipulates that the organisation that is the owner of an e-commercefloor is responsible for providing fully, accurately and on time to the taxagency information of traders, organisations or individuals that have conductedpart or the whole process of buying and selling goods and services on thee-commerce trading floor.
This informationincludes the seller's name; tax identification number, personal identificationnumber, identity card, citizen identification, passport, address; phone number;and sales through the floor's online ordering function.
The provision of informationis carried out on a quarterly basis, no later than the last day of the firstmonth of the following quarter.
E-commerce floors willprovide required information through the Portal of the General Department ofTaxation in the data format published by this agency.
Before that, thee-commerce floor was expected to pay taxes on behalf of sellers.
The recently releasedVietnam E-commerce White Paper 2022 has forecast that the size of theVietnamese retail e-commerce (B2C) market will reach 16.4 billion USD thisyear, up 20% over the previous year.
According to theGeneral Department of Taxation, Vietnam currently has 139 e-commerce tradingfloor owners, in which, 41 sales floors, 98 service floors, and three partnercompanies of foreign suppliers are allowed to pay tax for organisations andindividuals on behalf of foreign suppliers.
The average number ofcustomers accessing the trading floors is estimated at 3.5 million times perday./.
VNA
