Value-Added Tax Filing (P.P 30 and P.P.36)

Value-Added Tax Filing (P.P 30 and P.P.36)

Value Added Tax is an indirect tax imposed on the value added of each stage of production and distribution. A company that is registered in the VAT system is mandatorily required to submit their Vat return (Form VAT Porpor 30) to the Area Revenue Branch Office within 15 days of the following month even if the company has no business transactions yet. The VAT rate is 7% and 0%. Failure to do so will incur penalties and summons from the relevant government authorities.