Futureworld provides VAT refund products to foreigners

For foreigners who purchase goods, staff will get information to write invoices and tax refund declarations for customers to make tax refunds at customs according to regulations.

Foreign customers need to provide the following information to the sales staff:

1) Passport, immigration information

2) Full name

3) Nationality

4) Entry type

5) Gender

6) Passport issuance date

7) How long is the passport valid?

8) Photos of passports and immigration documents

You will then receive an invoice from Futureworld and sign the customer information section.

After receiving the invoice details, customers can claim VAT refunds at airports during their departure from Viet Nam.

How to get a tax refund at Vietnam airport?

In order to receive a tax refund, passengers must buy goods at business establishments conducting a pilot sale of VAT refund goods in Vietnam and bring such goods with them when leaving the country.

What types of goods are eligible for tax refund?

– Belonging to the group subject to VAT, have not been used and are allowed to be brought on board in accordance with the law on aviation safety;

– Goods not on the List of goods banned from export or the List of goods restricted from export;

– There are invoices cum tax refund declarations issued within 60 days before exit procedures;

– The value of goods stated on the invoice cum tax refund declaration purchased at 1 store in 1 day (including adding multiple purchase invoices in the same day at 1 store) is at least 2 million VND or more.

What documents do you need to get a tax refund at Vietnam airport?

1. In case VAT refunded goods are placed in checked baggage:

Passengers present goods and related documents as follows for customs inspection:

– Goods with VAT refund;

– Passport (original);

– Invoice cum tax refund declaration certified by a qualified business establishment and stamped with the customs authority’s “Agreement for tax refund” stamp (original).

Note: Passengers who need a tax refund must check-in early to promptly complete the procedures at the tax refund counter (near departure gate 8-9).

2. In case VAT refunded goods are placed in hand luggage:

After completing the check-in procedure, passengers bring the following goods and documents to the counter to the tax refund counter for customs inspection and tax refund procedures:

– Goods with VAT refund;

– Passport (original);

– Boarding pass;

– Invoice cum tax refund declaration certified by a qualified business establishment and stamped with the customs authority’s “Agreement for tax refund” stamp (original).

Passengers will receive an amount of refund as 85% of the total amount of VAT amount noted in the invoice, as well as stated in the VAT refund declaration form.

The other amount of 15% is charged as a refunding fee for the bank. In genereal, you uiwll be able to receive the refund immediately right after you finish the VAT refund procedure.

For Online Purchase Buy now at: www.futureworld.com.vn & email us at online@futureworld.com.vn for further processing.