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Taxation in Vietnam

Corporate Income Tax for Foreign contractor in Vietnam

Corporate Income Tax for Foreign contractor in Vietnam

Foreign constructor is entitled to choose one of two incorporate tax regimes available under Vietnam Law., i.e. (i) Paying Corporate Income Tax according to declared revenue and expense which is similar to tax regime applicable to domestic enterprises and (ii) Paying Corporate Income Tax according to fixed rates which...

Tax of the foreign enterprise in Vietnam

Question: How's the government tax of the foreign enterprise in Vietnam? I mean the profit income tax.   If I run the business and setting up pirvate company(farm) in Vietnam, In additon of the company profit tax, should I need to pay the personal income tax? It means I need to...
Law on Credit institutions of Vietnam 2010

Tax Incentives in Vietnam

SBLaw would like to provide some information about Tax Incentives in Vietnam as follows:

Other liabilities of company to be complied during operation.

After receiving the Investment Certificate, the FDI company should consider the following liabilities of company to be complied during operation. 1 Taxation: Under the Vietnam Law, following taxes may affect to the Company and foreigner working for the Company in Vietnam: -  Corporate Income Tax which is levied on the taxable...

Audit and Accounting for Vietnam company

Foreign-invested business entities are generally required to adopt the Vietnamese Accounting System (’VAS’).
Land Tax for Foreign Contractor in Vietnam

Land Tax for Foreign Contractor in Vietnam

The rental of land use rights by foreign contactor (FC) is in effect a form of property tax rather than land tax. It is usually known as land rental and the range of rates is wide depending upon the location, infrastructure and the industrial sector in which the business is...
Legal and Tax Advice in Vietnam

Legal and Tax Advice in Vietnam

Question: I am currently working for a foreign based company established in Vietnam, a subsidiary of Hongkong company. We already established since early 2012, but in the meantime we still need many things to catch up for our legal and tax as we don't have this department to help...

Natural Resources Tax in Vietnam

Natural resources tax is payable by industries exploiting Vietnam’s natural resources such as petroleum, minerals, forest products, seafood and natural water.

Withholding Tax in Vietnam

Foreign Contractor Withholding Tax ('FCWT') applies to payments of interest, royalties, licence fees, foreign contractors’ fees, cross-border leases, insurance/reinsurance, airline and express delivery charges to a foreign entity.

Property Tax in Vietnam

Land in Vietnam is owned by the State, meaning that users of land are required to acquire or rent land use rights from the government.