Vietnam Government Extends 2% VAT Reduction on Specific Goods and Services till End of June 2025
The Vietnam government has agreed to extend the 2 percent VAT reduction on specific goods and services till the end of June 2025.
Avoiding PE Risks in Vietnam: Best Practices for Foreign Representative Offices
To avoid triggering Permanent Establishment (PE) status, investors must thoroughly understand Vietnam’s regulatory framework for representative offices (ROs) and PEs. This ensures compliance, minimizes tax liability, and mitigates legal risks.
Stuck in Vietnam? A Guide to Exit Delays Over Tax Obligations
We examine the reasons authorities may temporarily restrict individuals from exiting Vietnam due to tax debts and outline key steps to help avoid these situations.
Vietnam’s Property Tax Regime 2024
Understand how Vietnam’s property tax regime impacts the country’s real estate market, supporting infrastructure, and investment decisions.
Tax Obligations for Resident and Non-Resident Property Owners in Vietnam
Foreign property owners in Vietnam, both resident and non-resident, are required to adhere to the same tax regulations as Vietnamese citizens.
Special Consumption Tax in Vietnam 2024
Vietnam’s special consumption tax, or excise tax, applies to the production or import of specific luxury and non-essential goods and certain services.
E-Invoice Compliance in Vietnam: Regulations, Requirements, and Best Practices
Vietnam mandates the use of electronic invoice (e-invoice) for all taxpayers. This article provides essential guidance and notes the step-by-step compliance requirements for businesses implementing e-invoicing.
Vietnam’s Natural Resource Tax 2024
Companies engaged in the extraction of natural resources in Vietnam are subject to tax obligations on these resources. Here’s what they are.
Vietnam’s Draft CIT Law: Changes to Incentives and Tax Liability
Vietnam’s draft Corporate Income Tax (CIT) Law proposes changes to incentive eligibility, taxation on capital transfers by foreign investors, and aims to address limitations hindering integration with international best tax practices.
Foreign Contractor Tax in Vietnam: A Complete Guide
Vietnam’s foreign contractor tax is a withholding tax that may affect your business if you’re working with a Vietnamese company or sub-contractor. Here’s how.