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...
Property Tax in Vietnam
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.
Corporate Income Tax in Vietnam applied for foreign company
We would like to provide you with infomation about the Cooperate Income Tax (CIT) 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...
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...
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;
-...
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...
Transfer Pricing in Vietnam
SBLAW would like to provide you some regulation of Transfer Pricing in Vietnam as follows:
Tax holiday in Vietnam
Under Vietnam Law, tax incentives are granted based on regulated encouraged sectors and difficult socio-economic locations.
Personal Income Tax (’PIT’) in Vietnam
We would like to inform you some information about Vietnam PIT as follows:
