Prime Minister Nguyen Tan Dung has required that the tax sector cut thetime for enterprises to complete tax paperwork to under 300 hours a yearby the end of 2014.
According to World Bankstatistics, a Vietnamese business has to spend an average of 537 hourseach year to deal with tax procedures, while the average time in otherASEAN member countries is 171. If the time required for declaring andsubmitting social insurance, health-care and unemployment data isincluded, tax paperwork will take as many as 872 hours, 4-5 times highercompared with other regional countries.
ThePrime Minister also urged the sector to try and reduce the time for taxprocedures further to the regional level of 171 hours in 2015.
A survey conducted by the Vietnam Chamber of Commerce and Industryshowed that 24 percent of interviewed businesses ranked the taxsector second from bottom in terms of administrative reform, saying thatthe sector still requires businesses to hand in unnecessary documents.
Hoang Thi Lan Anh, deputy head of the Reform andModernisation Division under the General Department of Taxation, was ofthe view that coordination from the insurance sector is needed in orderto achieve the goal of cutting time spent on tax procedures.
At the same time, the Prime Minister also asked the customs sector tohalve the time used for customs clearance, make public customsclearance indexes and reduce the paperwork for import-export goods.
Vietnam now ranks 65 th in the 180 nations in conducting customsprocedures. However, it takes 21 days to complete import-exportprocedures in the country, while the time is only 11 days in Malaysia.
At present, all customs departments and officesnationwide have applied the e-customs system in their operation,creating favourable conditions for import-export activities, and helpingenterprises cut costs and save time.
However,the e-customs system is limited to goods declaration, while other stepsstill require interaction between customs officials and enterprises,thus the time taken is yet to be reduced remarkably.
Director of the General Customs Department Nguyen Ngoc Tuc said thesector is taking drastic measures to streamline procedures in line withinternational standards in the sector, while continuing to implement thenational and ASEAN single-door customs mechanism.-VNA
According to World Bankstatistics, a Vietnamese business has to spend an average of 537 hourseach year to deal with tax procedures, while the average time in otherASEAN member countries is 171. If the time required for declaring andsubmitting social insurance, health-care and unemployment data isincluded, tax paperwork will take as many as 872 hours, 4-5 times highercompared with other regional countries.
ThePrime Minister also urged the sector to try and reduce the time for taxprocedures further to the regional level of 171 hours in 2015.
A survey conducted by the Vietnam Chamber of Commerce and Industryshowed that 24 percent of interviewed businesses ranked the taxsector second from bottom in terms of administrative reform, saying thatthe sector still requires businesses to hand in unnecessary documents.
Hoang Thi Lan Anh, deputy head of the Reform andModernisation Division under the General Department of Taxation, was ofthe view that coordination from the insurance sector is needed in orderto achieve the goal of cutting time spent on tax procedures.
At the same time, the Prime Minister also asked the customs sector tohalve the time used for customs clearance, make public customsclearance indexes and reduce the paperwork for import-export goods.
Vietnam now ranks 65 th in the 180 nations in conducting customsprocedures. However, it takes 21 days to complete import-exportprocedures in the country, while the time is only 11 days in Malaysia.
At present, all customs departments and officesnationwide have applied the e-customs system in their operation,creating favourable conditions for import-export activities, and helpingenterprises cut costs and save time.
However,the e-customs system is limited to goods declaration, while other stepsstill require interaction between customs officials and enterprises,thus the time taken is yet to be reduced remarkably.
Director of the General Customs Department Nguyen Ngoc Tuc said thesector is taking drastic measures to streamline procedures in line withinternational standards in the sector, while continuing to implement thenational and ASEAN single-door customs mechanism.-VNA
