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...
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...
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...
Import of playing cards – taxes”
Question: Hi
I am importing playing cards for casino. May I know how much is the taxes charges.
Custom taxes
Sales tax
Special sales tax
is there vat on the above
please let me know
Answer: Under Vietnam Law, playing card shall subject to following tax:
- Import duty: Depending on origin of goods and HS Code applicable...
Tax Incentives in Vietnam
SBLaw would like to provide some information about Tax Incentives in Vietnam as follows:
Tax for FDI company in Vietnam
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...
Custom Duty for foreign contractor in Vietnam
Import duty exemptions are provided for projects which are classified as encouraged sectors and goods imported in certain circumstances.
In line with the Law on investment (Article 33.3), machinery and equipment, specialized means of transportation and construction materials (which cannot be produced in Vietnam) for use as the fixed assets...
Tax Payer having permanent establishment in Vietnam
According to the Agreement between the government of the Government of Socialist Republic of Vietnam and the foreign countries (for example Government of Republic of France), a Tax Payer shall be considered as having permanent establishment in a Country if it has one of followings:
- A registered head office;
-...
Transfer Pricing in Vietnam
SBLAW would like to provide you some regulation of Transfer Pricing in Vietnam as follows:
Tax Losses in Vietnam
SBLAW would like to provide some legal regulation about tax Losses in Vietnam as follows: