Guarantee Transfer Domain

The Ministry of Information and Communications issued Circular No. 16/2016 / TT-BTTT dated 26th June 2016 guiding the transfer of the right to use Internet domain names (Domain name transfer) granted not through auction (Circular No. 16/2016 / TT-BTTT), effective from 15th August, 2016, which is instructed in detailed process and procedures for transferring domain names.

However, the domain name transfer has not been implemented due to the process of trasnferring. The transferor must fulfill the obligation to pay transfer tax of the using Internet domain name, is one of the procedures required to complete the transfer. Currently, the Ministry of Finance has provided for domain name transfer tax.

Officially on 1st June, 2017, the transfer of right to use Internet domain names granted not through auction, is done by registrars that managing the domain names.

Registrar P.A Vietnam would likte to send customers the instructions and information related to domain transfer, transfer tax as follows:

The transfer of the right to use Internet domain names granted not through auction means the organization or individual transferring the entire right to use Internet domain names under the domain name “.VN”, granted not through the auction, to the other organizations and individuals.

BENEFITS OF TRANSFER OF THE RIGHT TO USE DOMAIN NAME:

  • Transferring ensures that the website operates without interruption on the system, there is no risk of losing domain name as cancellation, re-registration. The parties involve in the transferring are allowed to transfer the right to use publicly.
  • Transferring of the right to use domain name complies with the technical operation of renaming and the current usage duration of the domain name is kept unchanged.

STEPS TO TAKE

1
  • Requested document to transfer and get the transfer of rights to use the Internet domain name: [Download].
  • Form of registration information of the transferee using the Internet domain name: [Download].
 2 Registrars check, review and announce the result of transfer files about the rights to use domain names to the parties involed in transferring within 5 working days.
3 The transferor fulfills the obligation to pay transfer tax under the guidance of the Ministry of Finance, specifically as follows:
1. For the subject being a domestic individual (with an address in Vietnam):The grounds to prove that the individual has fulfilled the tax payment obligation is:
* Tax payment voucher certified by the Tax Department where the individual resides (permanently or temporarily resides), or
* A commitment to the transferor’s obligation to pay tax on the transfer of the right to use the Internet domain name

2. For the subject being a domestic organization or enterprise (with an address in Vietnam)

* Tax rate, where to pay tax
– Enterprises transferring the right to use domain names must issue VAT invoices and declare and pay VAT at the VAT rate of 10% as prescribed.
– The amount of money that the enterprise enjoys from this activity is included in the revenue to calculate the income subject to corporate income tax as prescribed.
* Grounds to prove that tax payment has been completed:
– VAT invoice of the enterprise when transferring the right to use the domain name

3. For the subject is a foreign organization (with a foreign address)

* Tax rate, where to pay tax
– Foreign organizations that transfer the right to use domain names are subject to corporate income tax in Vietnam at the rate of 2% of taxable revenue.
– The domain name registrar is responsible for collecting the payable corporate income tax amount of the foreign organization and declaring and paying on behalf of the transferor the payable corporate income tax amount to the state budget.
* Grounds to prove that tax payment has been completed:
– Proof of tax payment to the state budget

4 The parties completed the domain name transfer procedure and paid the registration fee + transfer fee.
 5 Registrar coordinate with the Vietnam Internet Network Information Center (VNNIC) to register the domain name transfer to the transferee, completion the notification of results to customers.

 

Receive registration:

– Individuals or organizations can send scans via email to the address cskh@vinahost.vn
– Hard copy please send by post to the address:

  • VINAHOST Ltd. Company
  • Address: 351/31 No Trang Long, Ward 13, Binh Thanh District, Ho Chi Minh City.
  • Phone: 1900 6046 ext. 1
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