**Vietnam Proposes New E-Commerce Tax Rules for Digital Sellers**
Vietnam is currently consulting on new tax regulations that could significantly impact e-commerce sellers operating on digital platforms. The proposed rules aim to introduce Value Added Tax (VAT) and income tax deductions for both resident and non-resident sellers, streamlining tax obligations and promoting compliance in the rapidly growing online market.
As e-commerce continues to flourish in Vietnam, with more consumers turning to online platforms for their shopping needs, the government recognises the need to update tax policies to reflect the digital economy’s dynamics. These changes are expected to ensure a fair and competitive environment for businesses while safeguarding the country’s tax revenues.
For resident sellers, the new regulations may simplify tax processes by allowing VAT deductions directly through the platforms they use. Non-resident sellers could also benefit, as the proposals offer clearer guidelines on tax obligations, potentially making it more attractive for international businesses to enter Vietnam’s e-commerce market.
The consultation process invites feedback from stakeholders to help shape a tax framework that balances government interests with those of digital entrepreneurs. By proactively addressing tax issues in e-commerce, Vietnam aims to foster sustainable growth in the sector while ensuring compliance and fairness.
Sellers on digital platforms should stay informed about these developments to adapt to potential changes. The proposed tax rules underscore Vietnam’s commitment to supporting the digital economy’s expansion while maintaining a transparent and efficient tax system.
Source: Vietnam e-commerce tax rules under consultation for new changes
Author: Victoria Semenchenko
