Taxation in Vietnam

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...

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.

Natural resources tax is payable by industries exploiting Vietnam’s natural resources such as petroleum, minerals, forest products, seafood and natural water.

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

Under Vietnam Law, tax incentives are granted based on regulated encouraged sectors and difficult socio-economic locations.

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...

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...

We would like to inform you some information about Vietnam PIT as follows:

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

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.