OFFICIAL LETTER NO. 1223/TCT-CS DATED 07 APR 2015 OF GDT IN GUIDACNE OF FCT FOR SERVICES AND ROYALTIES
According to Official letter No. 1223/TCT-CS:
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If the incomes of foreign contractors are performed out of Vietnam such as: promotion, advertisement… are not imposed FCT.
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If the incomes of foreign contractors from providing services in Vietnam promotion, advertisement… are imposed FCT.
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If the incomes of foreign contractors from royalties such as manufacturing know-how relating technology and business for the products, they will be imposed FCT irrespective of in Vietnam or out of Vietnam.
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If the incomes are not separated for what amounts are imposed or not imposed FCT, the whole contract value will be included FCT.
