How much is the tax for exporting photovoltaic panels to Vietnam

The current standard tax rate is 20%. The preferential tax rate takes effect from the year of generating revenue, while tax holidays are continuously applied after the company first makes a profit.
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About How much is the tax for exporting photovoltaic panels to Vietnam

About How much is the tax for exporting photovoltaic panels to Vietnam

The current standard tax rate is 20%. The preferential tax rate takes effect from the year of generating revenue, while tax holidays are continuously applied after the company first makes a profit.

The current standard tax rate is 20%. The preferential tax rate takes effect from the year of generating revenue, while tax holidays are continuously applied after the company first makes a profit.

On June 6, 2022, the US announced a tariff exemption for solar panels from Vietnam along with Cambodia, Malaysia, and Thailand for up to 24 months to meet the skyrocketing solar energy demand in the US.

On June 6, 2022, the US announced a tariff exemption for solar panels from Vietnam along with Cambodia, Malaysia, and Thailand for up to 24 months to meet the skyrocketing solar energy demand in the US.

Offshore wind power projects would be given a feed-in tariff of 2,223 VND/kWh or 9.8 US cents/kWh, excluding VAT and to be adjusted in line with exchange rate fluctuations. To qualify, these projects needed to be operational by November 1, 2021. Solar power.

Income from investment in the production of renewable energy, clean energy and waste-to-energy process is entitled to a preferential tax rate of 10% for 15 years. An extension of the preferential tax rate period can be applied subject to the government’s decision on a case-by-case basis provided that the project is invested on a large scale .

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