Taxation in Vietnam

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

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.

Question: How to calculate the Personal Income Tax Rate applicable for resident tax payer in Vietnam?   Answer: SBLAW would like to brief the progressive Personal Income Tax Rate applicable for resident tax payer in Vietnam as follows:   Income (A)                        ...

Regarding to tax, after setting up the company, FDI company shall have to pay following tax: - Business License Tax: It is from 50USD-150USD/one year. Tax Rate shall very much depend on investment capital amount registered by your Company in Vietnam. - Corporate Income Tax: From 20-22% of profit of your...

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...

We would like to inform you some information about Vietnam PIT as follows:

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...

On July 08, 2017, the Government issued the Decree No. 114/2016/ND-CP on  adoption  registration  fees,  fees  for issuance of operation licenses of inter-country adoption agencies. In  accordance  with  the  Decree,  amount  of  domestic adoption registration fee:  VND  400,000/case; amount of adoption registration fee collected from Vietnamese people residing in foreign...

We would like to provide some information about Special Sale Tax and other taxes in Vietnam for you as follows:

Q: What does the term "Withholding tax" mean in practice?  I.e. which are the consequences of this? A: Withholding tax in practice shall mean Corporate Income Tax and Value Added Tax applicable to foreign company not having representation in Vietnam. For real estate management service, the VAT applicable to foreign company not having...