VAT on new investment projects of export processing enterprises according to Official Letter No. 4855/TCT-CS dated 28 October 2024 issued by the General Department of Taxation.
Based on the regulations and the presentation of Sakurai Vietnam Co., Ltd., which is an export processing enterprise: if the competent authority determines that the new investment project of Sakurai Vietnam Co., Ltd. is classified as a business activity other than export processing under Clause 6, Article 26 of Decree No. 35/2022/ND-CP dated May 28, 2022, from the Government, then Sakurai Vietnam Co., Ltd. will be liable for VAT according to the regulations of the VAT law for the investment project and will be subject to the provisions applicable to taxpayers under the tax management laws and VAT laws.