Question: When an individual has property for rent, when declaring and registering for business tax with the tax authority, if the individual has been granted a personal income tax code, can that tax code be used to declare and pay tax on income from property rental (business households)?

Answer:

Circular No. 02/2023/TT-BKHĐT dated April 18, 2023 amending and supplementing a number of articles of Circular No. 01/2021/TT-BKHĐT dated March 16, 2021 guiding on business registration officially takes effect from July 1, 2023.

In addition to supplementing legal regulations for the connection of two procedures: business registration and tax registration for business households, Circular 02/2023 also creates a legal basis for the development of electronic information technology applications between the Business Household Registration Information System and the Tax Registration Information System; at the same time, promulgating a system of business household registration forms to serve the connection.

Accordingly, from July 1, 2023, the issuance of Business Registration Certificates for business households will be carried out through the Business Registration and Tax Registration Interconnection System at https://dangkyhkd.dkkd.gov.vn

The person establishing a business household only needs to submit 01 set of documents (including business registration and tax registration contents as prescribed) and receive the results of administrative procedure settlement at a single administrative agency, which is the district-level business registration agency (Department of Finance - Planning under the People's Committee at the district level).

The new form of Business Registration Certificate will also be the Tax Registration Certificate for the business household, the tax code of the business household is also the business household code.

Regarding the tax code of business households, according to the provisions of the Law on Tax Administration 2019, Circular No. 105/2020/TT-BTC guiding tax registration, individuals (business household owners) who have been granted a personal tax code, that tax code will be used as the tax code of the business household (household owner).