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Law
Friday, 20/04/2018, 19:20:00 PM
Taxation policy for aircraft business operation
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Ministry of Finance has enacted Official Letter No. 2222/BTC-CST for Vinacopter Company Ltd Vietnam on the taxation policy for aircraft business operation.

Ministry of Finance obtained Official Letter proposed by Vinacopter Company Ltd. – mother company of Vinacopter Company Ltd Vietnam (hereinafter to as: “Vinacopter Hong Kong”) to request for the explanation on the taxation policy in the case of buying helicopter used by a Vietnamese individual for the purpose of Vinacopter Hong Kong’s business operation. Ministry of Finance has opinion as the following:

Commercial activities of Vinacopter Hong Kong for helicopter used by a Vietnamese individual shall comply with laws and regulations on commerce of Vietnam. Thus, it is suggested that Vinacopter HongKong contact with relevant bodies to determine whether it is permitted to conduct commercial activities with helicopter used in Vietnam.

This Official Letter also give the guidelines for the taxation obligations in  case that this company is permitted to conduct commercial activities with helicopter used by Vietnamese individual.

Source: Offcial Letter No. 2222/BTC-CST

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