Custom Duty for foreign contractor in Vietnam
Import duty exemptions are provided for projects which are classified as encouraged sectors and goods imported in certain circumstances.
In line with the Law on investment (Article 33.3), machinery and equipment, specialized means of transportation and construction materials (which cannot be produced in Vietnam) for use as the fixed assets...
Can we work in Vietnam as a foreign company, if yes are we liable to tax and how much?
: Under the WTO’s Commitment and Vietnam Law on Investment, this kind of investment form is called Cross Border Supply. Accordingly, foreign investor has right to supply a service from the territory of their own country into the territory of another country without setting up any commercial presence in that country.
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...
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...
