Nature of Cash Flow & Advertising Costs
Analysis based on VAT Law 48/2024/QH15 & Banking Regulations
⭐ Recommended
Option 1: Run via DPSMEDIA
Accounting Responsibilities
✓
Receive 01 Electronic Invoice (VAT) file.
✓
Record outsourced service costs, eligible for VAT deduction.
✓
Absolute safety, no worries about Foreign Contractor Tax (FCT) procedures.
Cash flow formula (Example: 1 Million VND)
[E] Actual total principal (Equal to item E on the right)
1,162,100 VND
[F] Re-issued VAT (8% x E)
92,968 VND
TOTAL CUSTOMER TRANSFER:
1,255,068 VND
Option 2: Customer Adds Own Card
Accounting Responsibilities
!
Must download FB Invoices matching foreign currency card statements.
!
Self-prepare declaration and pay CIT 5% to the State Treasury.
!
If documentation is incorrect, costs will be excluded from CIT deductible expenses.
Cash flow formula (Example: 1 Million VND)
[A] Actual Ads spend budget
1,000,000 VND
[B] VAT collected by FB (10% x A)
100,000 VND
[C] Banking Fees (1.1% x [A+B])
12,100 VND
CORPORATE CARD DEBITED:
1,112,100 VND
[D] Accounting self-pays CIT Tax (5% x A)
50,000 VND
==> [E] TOTAL ORIGINAL COST (A+B+C+D):
1,162,100 VND
