Vietnam introduced Decree 126 on guiding the implementation on the Law on Tax Administration. The Decree takes effect on December 5, 2020.
Decree 125 details penalties for violations in tax and invoicing. Investors should understand the violations before December 5 to ensure compliance.
Vietnam approved a 30 percent corporate income tax reduction for 2020 which will help boost cash flow for businesses affected by COVID-19
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, the latest publication from Dezan Shira & Associates, is out now and available for download.
Vietnam Briefing highlights the proposed corporate income tax cut to help boost the economy from the after-effects of COVID-19.
Vietnam’s National Assembly approved the increase in personal income tax deductions for individuals and dependents for 2020.
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 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.