Investment projects, capital & VAT refunds
For new and expanding FDI projects that need consistent supporting records for capital, imported equipment, financing and VAT refunds, with clear explanations of differences in their treatment.
One asset, one project, several authorities
Customs, investment registration, the tax authority and the auditor each look at the same capital and equipment from a different angle. Differences that are not explained at the start become questions later.
- 01 A new factory with significant input VAT on capital expenditure, and a VAT refund claim to substantiate.
- 02 The parent contributes used machinery as capital, or sells it to the Vietnamese entity.
- 03 The project’s capital and loan arrangements need to be structured, with evidence of funding capacity and solvency.
- 04 Differences between customs value, capital contribution value and depreciable cost for the same asset have not been explained.
- 05 Loans from the parent company need review under related-party rules and applicable interest-deductibility limits.
Four pieces of work, one set of facts
Capital & funding structure
Assessment of funding capacity, solvency and cross-border capital and loan arrangements.
Used-machinery workflow
Import conditions reviewed; customs value, capital contribution value and depreciable cost reconciled, with differences explained. Valuation is provided by IAV, a separate legal entity.
Capex VAT refund
Refund dossiers structured, payment trails reconciled, positions supported.
Related-party financing review
Loans from the parent company reviewed under Decree 255/2026 and applicable interest-deductibility limits.
From data request to a position you can defend
- 01 Scope the project. Investment registration, capital plan, equipment list, financing and timetable.
- 02 Reconcile asset values. Review the customs, capital, accounting and tax treatment of each material asset and explain the differences.
- 03 Prepare the dossiers. Refund, capital and financing documentation.
- 04 Support the review. Explanations prepared for the authority and the auditor.
- Funding capacity and solvency assessment
- Asset-value reconciliation: customs value, capital contribution value and depreciable cost
- VAT refund dossier and payment-trail reconciliation
- Related-party financing memorandum
The form of each deliverable depends on the agreed scope, available data and supporting evidence.
Starting a new project, or preparing a VAT refund?
Send a short description. We reply with the information we need and a proposed scope.
