Vietnam has issued incentives for businesses affected by COVID-19. Some of these include tax breaks and interest rate cuts.
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.
In part two of this three-part series, Vietnam Briefing recommends a list of tax documents for representative offices in preparation for an audit.
Vietnam Briefing highlights the tax compliance procedures when closing down a representative office in this two-part series.
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.
Vietnam Briefing highlights Decree 22, which outlines business license tax exemptions for a number of businesses during the first year of operations.
Vietnam Briefing underlines key aspects of the audit and compliance process and the different requirements for FOEs and ROs.
Vietnam Briefing describes the annual tax finalization process and what investors need to be aware of when preparing to submit their returns.
Export Processing Enterprises located in EPZs benefit from significant tax exemptions. Vietnam Briefing highlights the preferential policies for investors.
Vietnam Briefing highlights Decree 2413, which allows customs and tax authorities to cooperate and use information sharing to penalize tax evaders.