The revenue derived from technology transfers pursuant to the Law on Technology Transfers, and IP transfers pursuant to the Law on Intellectual Property, would not be subject to value-added tax (VAT). In the case of contracts for technology transfer or IP transfer accompanied by a transfer of machinery and equipment, only the value of the transferred technology or IP shall not be subject to VAT: where such value cannot be separated, the value of technology or IP transferred with machinery and equipment shall also be subject to VAT.
Source: bloombergtax.com
Latest Posts in "Vietnam"
- Vietnam Confirms VAT Exemption, Proposes 0.1% Transfer Tax on Cryptoassets in New Draft Rules
- Key Changes to Vietnam VAT Law 2026: Higher Exemption Thresholds, New Deductions, Refund Rules
- Vietnam Amends VAT Law: Higher Exemption Threshold, Easier Refunds, and Support for Agriculture
- Vietnam’s 2026 Tax Reforms: Key Changes to VAT, PIT, and Tax Administration Laws
- Key Changes in Amended VAT Law Effective 2026: Thresholds, Tax Methods, and Refund Conditions
