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...
Personal Income Tax (’PIT’) in Vietnam
We would like to inform you some information about Vietnam PIT as follows:
Environment Protection Tax in Vietnam
The Law on Environment Protection Tax took effect from 1 January 2012.
Other liabilities of company to be complied during operation.
After receiving the Investment Certificate, the FDI company should consider the following liabilities of company to be complied during operation.
1 Taxation:
Under the Vietnam Law, following taxes may affect to the Company and foreigner working for the Company in Vietnam:
- Corporate Income Tax which is levied on the taxable...
Amount of domestic adoption registration fee is vnd 400,000/case
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...
Corporate Income Tax for Foreign contractor 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...
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 holiday in Vietnam
Under Vietnam Law, tax incentives are granted based on regulated encouraged sectors and difficult socio-economic locations.
Withholding Tax in Vietnam
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.
Transfer Pricing in Vietnam
SBLAW would like to provide you some regulation of Transfer Pricing in Vietnam as follows:
