Officially, selling on Facebook requires paying taxes.

The Ho Chi Minh City Tax Department has just issued a notice regarding the obligation to register for tax and declare and pay taxes for business activities conducted via Facebook and e-commerce websites.

Accordingly, individuals engaged in the business of goods and services through e-commerce (selling goods and services via the Internet, social networks, Facebook, and other e-commerce platforms) with annual revenue from all business forms (including online business) exceeding 100 million VND are obligated to register and declare taxes.

The value-added tax (VAT) that businesses have to pay is 1%, 2%, 3%, and 5% of the selling price, depending on the type of goods or services.

The taxes and fees payable include: Business license fee (300,000 to 1 million VND/year); value-added tax; personal income tax; special consumption tax; environmental protection tax…

The value-added tax (VAT) that businesses must pay ranges from 1%, 2%, 3%, and 5% on the selling price, depending on the type of goods and services. Personal income tax ranges from 0.5% to 2%, depending on the group of goods and services. For example, wholesale and retail businesses pay a total of 1.5% of both taxes; transportation and services such as food services and manufacturing/processing pay 4.5%; and other business activities pay 3%...

Business owners must go to the Tax Office in their place of residence or temporary residence to register and file tax returns.

According to the Law of Ho Chi Minh City