Export import What is that? What do you understand about this import-export field? Currently, this profession is receiving a lot of attention from young people with attractive job opportunities. Furthermore, import and export is also one of the leading spearheads for our country's economic development. Most cities with large ocean beaches such as Hai Phong and Saigon have higher annual GDP growth than many other cities. Together HBS Vietnam Learn about this profession.
What is import and export?
What is import and export? This is a general term for export and import activities that often take place at large seaports. It can be simply understood that import and export are business activities between countries and territories. Countries will import goods, products, and services that they cannot produce with currency. At the same time, we also sell products to other countries called exporting.
What is import and export?
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In our country's Commercial Law, there is a definition of what import and export is as follows:
“Import and export are goods buying and selling activities of traders Vietnam with foreign traders under goods purchase and sale contracts, including temporary import for re-export, temporary export for re-import, and border-gate transfer of goods.”
Currently, our country is constantly promoting the development of the import-export industry. Large export and import of goods will accelerate the growth rate of the economic sector. Accordingly, average GDP will increase rapidly. This explains why more and more companies offer it the import-export service was established to support paperwork issues for different units.
Importing and exporting goods is a necessary activity for the economy
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The legal basis applies to the import and export industry
Basically, when exporting or importing any goods or services, they need to comply with the laws of the host country. In Vietnam, the legal basis of the import-export industry includes:
- Customs Law 2014.
- Decree No. 187/ 2013/ ND – CP.
- Circular No. 22/2014/TT – BTC.
- Circular 128/2013/TT – BTC.
- Circular No. 172/ 2010/ TT – BTC.
- Law on export tax and import tax 2005.
- Value Added Tax Law 2008.
- Special Consumption Tax Law amended 2014.
- Decision No. 36/2011/QD-TTG promulgating import tax rates for cars with 15 seats or less and used cars.
- Circular No. 83/2014/TT – BTC Guidance on implementation of value added tax (VAT) according to the List of goods imported into Vietnam.
- Special consumption tax in 2008.
- Circular No. 06/ 2011/ TT – BYT.
- Circular 103/2015/TT – BTC.
- Circular 39/ 2014/ TT – BTC Guiding the implementation of Decree No. 51/ 2010/ ND – CP dated May 14, 2010 and Decree No. 04/ 2014/ ND – CP dated January 17, 2014 of the Government. This Decree regulates detailed and clear invoices for selling goods and providing services.
- Official Dispatch 1332/TCT – NV2 of the General Department of Taxation on regulations on value added tax rates for goods entrusted to import and export.
Our state has clear regulations on import and export of goods
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Above, you know what import and export is and the legal basis when importing and exporting goods. This is a key industry and has contributed significantly to the growth of our country's economy in recent years.
