Updated EU Guidelines on Rules of Origin in EVFTA

On January 13, 2021, the European Union’s (EU) General Department of Taxation published an updated guide to rules of origin in the EVFTA. Including important content on the accumulation of preferential origin of Vietnam and Korea.

In the guidance dated January 13, 2021, the EU officially confirmed that on December 23, 2020, Vietnam and South Korea had completed the preferential accumulation of origin procedures in accordance with the EVFTA’s regulations and thus From 23/12/2020, goods with integrated origin of Vietnam and Korea can enjoy EVFTA incentives when exporting to the EU if they meet CO requirements.

Thus, since December 23, 2020, goods from Vietnam exported to the EU that use the integrated origin of Vietnam and South Korea have enjoyed tariff preferences in accordance with EVFTA’s regulations. Shipments that are exported after December 23, 2020, meet the relevant conditions for accumulation of origin of Vietnam – Korea but have not enjoyed tax incentives, may request a preferential tax refund. EVFTA. If businesses have difficulty in claiming this preferential tax, you can contact the Vietnam Trade Office in Belgium and EU at email be@moit.gov.vn for assistance.

Please attach the full text of the EU’s English-language guidance on the rules of origin in EVFTA in the attached file. Documents in Vietnamese will be translated and updated by the Trade Service after a few days at the website of Vietnam Trade Office in EU at: https://vn-eu-tradehub.com/ and twitter, facebook of Business.

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