Taxation in Vietnam

SBLAW would like to provide you some regulation of Transfer Pricing in Vietnam as follows:

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...

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.

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.

Under Vietnam Law, only when foreign contactor (FC) selects the option of Paying Value Added Tax according to declared revenue and expense and is classified to one of following cases as stipulated at the Article 8 of The Circular No. 219/2013/TT-BTC dated 31 December 2013 of the Ministry of...

We would like to provide you with infomation about the Cooperate Income Tax (CIT) in Vietnam 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...

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)                        ...

Foreign-invested business entities are generally required to adopt the Vietnamese Accounting System (’VAS’).

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...