We would like to check in case our company sells the goods overseas but the buyer handles the exporting process by themselves, What is the Vat rate that we must charge? Is it 7% or 0%? Please advise.
Panwa: In such a case, the company must submit the sales vat for this selling at 7% due to the vat 0% rate shall be used in case the seller handled the exporting process by themselves. If you need further assistance for monthly tax (VAT) filing, kindly note that we could assist for such, click here.
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