Vietnam: Raw materials and supplies for production of IT products, digital content and software may be exempt from import duty

ADK Lawyers

13th February 2023

On December 31, 2022, the Ministry of Information and Communication issued Circular 25 stipulating the determination of imported raw materials, supplies and components exempt from import duty directly related to the production of information technology (IT) products, digital content and software.

On December 31, 2022, Ministry of Information and Communication issued Circular 25/2022/TT-BTTTT stipulating the determination of imported raw materials, supplies and components exempt from import duty directly related to the production of information technology (IT) products, digital content and software (hereinafter referred to as “Circular 25/2022/TT-BTTTT”). Accordingly, Circular 25/2022/TT-BTTTT has set out a number of criteria to evaluate the exemption and reduction of import duty for raw materials, supplies and components related to the production of IT products.

In details, pursuant to Article 2 of Circular 25/2022/TT-BTTTT, the criteria for raw materials, supplies and components to be exempt from import duty for the production of IT products, digital content, software, including:

(i) Being raw materials, supplies and components imported directly for the production of products on the List of software, hardware and electronic products specified in Circular No. 09/2013/TT-BTTTT dated 08 April 2013 of the Minister of Information and Communication promulgating the list of software and hardware, electronic products and Circular No. 20/2021/TT-BTTTT dated December 03, 2021 of the Minister of Information and Communication amending and supplementing above Circular No. 09/2013/TT-BTTTT; or on the list of digital content products as prescribed by the Ministry of Information and Communication. Based on the development situation and management policy in each period, the Ministry of Information and Communication will update and adjust the lists accordingly;

(ii) Not on the List of machinery, equipment, raw materials, supplies and components for the telecommunications - information technology industry, digital content and software that can be produced domestically in Appendix 8 issued with Circular No. 05/2021/TT-BKHDT dated August 17, 2021 of the Minister of Planning and Investment promulgating the list of machinery, equipment, spare parts, specialized means of transport, raw materials and supplies , semi-finished products that can be produced domestically.

Circular 25/2022/TT-BTTTT takes effect from February 15, 2023.

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