Taxation 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...

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

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...

: Under the WTO’s Commitment and Vietnam Law on Investment, this kind of investment form is called Cross Border Supply. Accordingly, foreign investor has right to supply a service from the territory of their own country into the territory of another country without setting up any commercial presence in that country.

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...

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

The Law on Environment Protection Tax took effect from 1 January 2012.

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

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...

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...