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...
Special Sales Tax (’SST’) in Vietnam
We would like to provide some information about Special Sale Tax and other taxes in Vietnam for you as follows:
Tax Losses in Vietnam
SBLAW would like to provide some legal regulation about tax Losses in Vietnam as follows:
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.
Natural Resources Tax in Vietnam
Natural resources tax is payable by industries exploiting Vietnam’s natural resources such as petroleum, minerals, forest products, seafood and natural water.
Tax of the foreign enterprise in Vietnam
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...
Value-added tax (VAT) 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...
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.
Audit and Accounting for Vietnam company
Foreign-invested business entities are generally required to adopt the Vietnamese Accounting System (’VAS’).
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...
