Foreign e-commerce firms selling goods or services in Vietnam are now required to pay foreign contractor tax. Here’s what foreign firms should know about this latest development.
In the first week of the new year there were a handful of changes to taxes in Vietnam that foreign firms may need to be aware of. Here’s what they are.
Vietnam’s Ministry of Planning and Investment has released a draft decree outlining an Investment Support Fund to counter the impacts of the Global Minimum Tax. Here are the details.
In a busy week at Vietnam’s National Assembly, a VAT tax reduction has been approved alongside a top-up tax in response to the OECD Global Minimum Tax initiative. Here’s the details.
As the year draws to a close, firms will likely need to perform a stock take. With this in mind, the Vietnam Briefing runs through what firms need to do to ensure their stock take is as simple, quick, and effective as possible.
In the event of an audit, accurate tax records can be crucial in ensuring the process is as smooth and quick as possible. In this article, Vietnam Briefing breaks down the requirements for accounting records in Vietnam.
On the books since 2010, Vietnam’s Environmental Protection Tax has been a key pillar of Vietnam’s transition to a cleaner, greener economy. In this article, we break down the key details foreign investors should know.
Companies engaged in the extraction of natural resources in Vietnam are subject to tax obligations on these resources. Here’s what they are.
This edition of Tax, Accounting, and Audit Guide for 2023, produced in collaboration with our tax experts at Dezan Shira & Associates, aims to provide an overview of taxes for businesses and individuals in Vietnam, as well as fundamental accounting and audit information in the Vietnamese business context.
According to Circular No. 13/2020/TT-BTTTT, businesses engaged in software development must follow stipulated procedures to be able to enjoy incentives related to VAT refunds.