Vietnam
80 Employees
-
Third-party revenues
$60,298,025
-
Related-party revenues
$214,547
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Total revenues
$60,512,572
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Profit before tax
$13,099,299
-
Tax paid
$1,952,745
-
Tax accrued
$2,104,872
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Tangible assets
$17,029,571
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Stated capital
$14,266,409
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Accumulated earnings
$21,622,164
Main Business Activities
- Downstream
Shell Vietnam Ltd was established in 1995 and has sales and marketing operations, as well as oil and lubricants production activities. In addition to direct sales, Shell Vietnam has a countrywide network of distributors.
Country Financial Analysis
The statutory corporate income tax rate in Vietnam is 20%.
Tax is paid in arrears. The tax accrued figure of $2.1 million relates to provisional tax for 2020 payable in 2021. The tax paid comprises three instalments for 2020, and the fourth instalment and final payments for 2019.
