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Update news travel bans
The Government has issued Decree 252, detailing a number of provisions and implementation measures for the Law on Tax Administration, including specific cases in which individuals may be temporarily prohibited from leaving Vietnam due to tax debts.
Authorities are planning system upgrades to allow real-time removal of exit suspension measures once tax obligations are fulfilled.
A draft decree proposing temporary overseas travel suspensions for taxpayers owing from VND1 million (US$39) is stirring debate in Vietnam over whether the threshold is too low.
Tax travel bans have blocked thousands of executives, yet recover only a fraction of unpaid taxes.
Vietnam’s new Decree 49 enforces exit bans on individuals and business owners with overdue tax debts of at least 50 million VND ($2,000) for over 120 days. Legal representatives of companies owing over 500 million VND ($20,000) are also affected.