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...
Audit and Accounting for Vietnam company
Foreign-invested business entities are generally required to adopt the Vietnamese Accounting System (’VAS’).
Personal Income Tax (’PIT’) in Vietnam
We would like to inform you some information about Vietnam PIT as follows:
Value Added Tax Refund for foreign contractor.
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...
Q&A: Withholding tax in Vietnam
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...
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...
Tax Incentives in Vietnam
SBLaw would like to provide some information about Tax Incentives in Vietnam as follows:
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...
Double Tax in Vietnam
The withholding taxes in the table be affected by relevant DTAs. For example, the deemed CIT on foreign contractors may be eliminated or reduced through a relevant DTA.
Tax holiday in Vietnam
Under Vietnam Law, tax incentives are granted based on regulated encouraged sectors and difficult socio-economic locations.
