Vietnam’s Tax Administration Law Takes Effect in July 2020
Vietnam approved a new Tax Administration Law which became effective on July 1. Vietnam Briefing highlights key points that investors need to be aware of.
Tax, Accounting, and Audit in Vietnam 2020 – New Publication from Dezan Shira & Associates
Tax, Accounting, and Audit in Vietnam 2020, the latest publication from Dezan Shira & Associates, is out now and available for download.
Vietnam Proposes Corporate Income Tax Cut to Boost Economy after COVID-19
Vietnam Briefing highlights the proposed corporate income tax cut to help boost the economy from the after-effects of COVID-19.
Vietnam Increases Personal Income Tax Deduction for 2020
Vietnam’s National Assembly approved the increase in personal income tax deductions for individuals and dependents for 2020.
COVID-19: How to Implement Decree 41 on Deferring Tax Payments
Vietnam Briefing highlights Decree 41 and procedures on how to implement the extension on tax and land rental fee payments for those affected by COVID-19.
Vietnam Issues Incentives to Counter COVID-19 Impact
Vietnam has issued incentives for businesses affected by COVID-19. Some of these include tax breaks and interest rate cuts.
Representative Office Dissolution Part 3: Documenting Expenses
In the final part of this three-part series, Vietnam Briefing examines how to deal with expenses related to the parent company, RO, and foreign suppliers.
Representative Office Dissolution Part 2: Tax Documentation
In part two of this three-part series, Vietnam Briefing recommends a list of tax documents for representative offices in preparation for an audit.
Representative Office Dissolution Part 1: Tax Compliance Challenges
Vietnam Briefing highlights the tax compliance procedures when closing down a representative office in this two-part series.
IFRS and VAS Part 1: Introduction to Vietnamese Accounting Standards
Key differences between IFRS and VAS include terminology, applied methods or presentation scope. Vietnam Briefing covers some of the critical differences between the two financial reporting systems.