Taxation in Vietnam

We would like to provide you with some information about VAT in Vietnam as follows: Scope of application Value-added tax (’VAT’) applies to goods and services used for production, trading and consumption in Vietnam (including goods and services purchased from abroad). In each case the business must charge VAT on the...

 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...

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

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

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; -...

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...

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...

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

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...

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