Tax Code Suffix 888: Who is It Issued To and the Registration Process

Tax Code Suffix 888: Who is It Issued To and the Registration Process

Tax Code Suffix 888: Who is It Issued To and the Registration Process

Posted on: 28/02/2025

In the context of the rapid development of e-commerce and online businesses, the registration and management of taxes for individuals and households selling products online on e-commerce platforms or social media have become increasingly important. One of the new regulations that simplify this process is the tax identification number with suffix 888, which is issued to online business entities.

1. What is the Tax Identification Number with Suffix 888?

The tax identification number with suffix 888 is a tax ID for individuals and households engaged in online business, selling goods and services on e-commerce platforms like Shopee, Tiki, Lazada, or on social media platforms such as Facebook, Zalo, TikTok. This tax ID consists of 13 digits, with the first 10 digits representing the individual’s tax number and the last 3 digits being “888”. Therefore, this tax ID is also referred to as the 10-888 tax number.

2. Who is Eligible for the Tax ID with Suffix 888?

The tax identification number with suffix 888 is issued to individuals and business households involved in selling products on e-commerce platforms and social media platforms, specifically:

  • Individuals and business households selling on e-commerce platforms: Platforms like Shopee, Tiki, and Lazada are popular places for online sales. Sellers on these platforms will need to register for a tax ID with suffix 888 to fulfill their tax obligations properly.

  • Individuals and business households selling through their own website: If you are running an online business through your own website, you must also register for a tax ID with suffix 888 to file and pay taxes in accordance with the regulations.

  • Individuals and business households selling on social media: Sellers using platforms like Facebook, Zalo, TikTok are also required to obtain the tax ID with suffix 888 to comply with tax obligations.

3. Conditions for Registering the Tax ID with Suffix 888

To register for a tax ID with suffix 888, individuals and business households need to meet certain basic requirements:

  1. Have an individual tax number: This is a prerequisite. If you don’t have an individual tax number, you must complete the registration procedure first.

  2. Have a Level 2 Electronic Identification Account (VNeID): This is a mandatory requirement for registering the tax ID with suffix 888. The VNeID account helps verify the identity of the registrant online, ensuring that personal information is accurate and legitimate.

4. Why is Registering the Tax ID with Suffix 888 Important?

Registering for a tax ID with suffix 888 provides many benefits to individuals and business households:

  • Compliance with the law: It ensures that you fulfill your full tax obligations to the government, avoiding penalties for tax violations.

  • Easy management and tax filing: The tax ID with suffix 888 makes it easier, quicker, and more accurate to file and pay taxes.

  • Building business credibility: By complying with tax regulations, businesses and individuals can build credibility in the eyes of partners and customers.

  • Supporting tax authorities in effective management: Having a clear tax ID helps tax authorities easily monitor and manage online business transactions.

5. Conclusion

The tax ID with suffix 888 helps individuals and business households comply with tax regulations in the online business environment, ensuring accurate tax filings and payments. Registering for this tax ID not only helps you avoid legal risks but also facilitates tax management, supporting sustainable and reputable business operations.

If you are running an online business, don’t forget to register for the tax ID with suffix 888 today to fully and legally fulfill your tax obligations! 🚀📊

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