Special Preferential Import Tariffs for Goods from Europe to Vietnam under EVFTA

The EU-Vietnam Free Trade Agreement (EVFTA) was signed on June 30, 2019, and came into effect on August 1, 2020. Under this agreement, Vietnam commits to eliminating tariffs on 48.5% of tariff lines for the EU immediately upon the agreement’s entry into force. After seven years, tariffs will be eliminated on a total of 91.8% of tariff lines, and after ten years, tariffs will be eliminated on a total of 98.3% of tariff lines.

To benefit from the special preferential import tariffs for goods from the EU under the EVFTA, Vietnamese importers need to meet the following conditions:

Condition 1: Eligible Goods under the EVFTA Tariff Schedule

• Goods imported into Vietnam from EU must fall under the categories eligible for special preferential tariff rates according to the EVFTA.

How to Determine Eligibility

• Check the Harmonized System (HS) code of the goods.
• Refer to the Government Decree for the current applicable regulations (as of now, it is Decree No. 116/2022/NĐ-CP).

Tip: You can use the HS code and consolidated tariff search tool on the official website hptoancau.com for a quick lookup.

 

Condition 2: Importation from Specified Territories

Goods must be imported into Vietnam from the following territories as specified in EVFTA:

• Member Territories of the European Union: Listed in Annex III of the applicable Government Decree.
• Principality of Andorra and Republic of San Marino
• Territories of Ceuta and Melilla

(*) List of European Union members in the aforementioned Annex III:

• French Republic
• Federal Republic of Germany
• Italian Republic
• Kingdom of Belgium
• Kingdom of the Netherlands
• Grand Duchy of Luxembourg
• Republic of Ireland
• Kingdom of Denmark
• Hellenic Republic (Greece)
• Kingdom of Spain, excluding the territories of Ceuta and Melilla
• Portuguese Republic
• Republic of Austria
• Kingdom of Sweden
• Republic of Finland
• Czech Republic
• Republic of Hungary
• Republic of Poland
• Slovak Republic
• Republic of Slovenia
• Republic of Lithuania
• Republic of Latvia
• Republic of Estonia
• Republic of Malta
• Republic of Cyprus
• Republic of Bulgaria
• Republic of Romania
• Republic of Croatia

Tips: Check the list of territories under EVFTA in articles like:

• List of countries/territories those have free trade agreements with Vietnam
• Overview Of Trade Relations Between Vietnam And The World

Condition 3: Exporter with REX Number and HS matching

• Exporter’s REX Number: The exporter must be registered in the REX system.
• HS Code Matching: The HS code of the imported goods should be listed under the HS codes registered by the exporter.

Tip: Check the validity of the Rex number and HS matching at: European Commission’s REX Validation Tool.

https://ec.europa.eu/taxation_customs/dds2/eos/rex_validation.jsp?Type=TIN&Number

Condition 4: Origin Declaration in Documentation

• Origin Statement: The exporter’s documentation must include a self-certification of origin using the specified statement.

Standard Statement:

The exporter of the products covered by this document (customs authorization No …(1)) declares that, except where otherwise clearly indicated, these products are of …(2) preferential origin

 

• • (1): Exporter’s REX number
  • (2): Origin of the goods

Note: do not forget to include the exporter’s REX number on the customs declaration form.

Legal References

• Government Decree: Refer to the details in Clause 5, Article 3 of the Government Decree on Preferential Export Tariff and Preferential Import Tariff to implement the EVFTA.
• Protocol on Rules of Origin: See Annex VI of the Protocol on Rules of Origin of the EVFTA for specific guidelines.

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HP Global is a freight forwarder with a top reputation in Vietnam.

With the European market, we have many years of experience in shipping, tax consulting, and customs clearance procedures.

→ Contact us for advice on import taxes, import procedures, or to receive quotes and estimated shipping times for goods from Europe to Vietnam. – Email: info@hpgloballtd.com

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