Accounting and Bookkeeping in Vietnam – New Issue of Vietnam Briefing Magazine
The latest issue of Vietnam Briefing magazine, titled “Accounting and Bookkeeping in Vietnam”, is out now. In this issue, we outline the basic framework of accounting regulation in Vietnam and provide guidance on how to ensure compliance in order to setup and carry out operations within the country.
Vietnam Set to Update Transfer Pricing Thresholds from 2017
Vietnam’s Ministry of Finance has released a draft transfer pricing (TP) circular that updates definitions of related entities set under circular 66/2010/TT-BTC. The draft circular also provides SMEs with exemption from TP compliance under specific circumstances.
Vietnam to Introduce Environmental Incentives From September 23
Vietnam is set to implement export tax incentives for waste treatment and recycling companies, as well as for those maintaining environmental certification
Vietnam’s Tax Outlook in 2016 and Beyond
Faced with conflicting pressure to upgrade infrasture and boost investment, the Vietnamese government finds itself in a precarious financial position in 2016. Read more for in-depth analysis on corporate taxation, transfer pricing, and the digital economy.
Vietnam Outlines Customs and Tax Plans to Enhance Competitiveness
Resolution No. 1134/QD-BTC outlines Vietnam’s plans to boost competitiveness through key reforms in areas such as taxation and customs. Read more to learn what changes will occur, when to expect them, and how to prepare.
Remitting Profits from Vietnam – New Publication From Vietnam Briefing
Remitting profits from Vietnam, out now and available for download in the Asia Briefing Bookstore, explains how to remit profits effectively. It examines relevant restrictions on remittances, outlines the steps required to remit profits, and presents a case study on managing accounts to ensure liquidity.
Tax Alert: Vietnam Amends Laws on Tax Administration, Special Consumption Tax, and VAT
On April 6th, Vietnam’s National Assembly approved amendments to Value Added Taxation (VAT), Special Consumption Tax (SCT), and Tax Administration. The amendments become effective July 1st and are likely to impact a variety of invested enterprises. Read more for a detailed looks at specific adjustments and relevant dates to watch.
Proposed Increase in Business Licensing Fees on the Horizon for 2017
Draft legislation published by the Vietnamese Ministry of Finance on March 25th has proposed significant adjustments to business licensing within the country. These changes have the potential to raise fees by as much as three times their current levels and, if approved, could become effective as soon as January 1st of 2017.
Tax, Accounting and Audit in Vietnam 2016 – NEW PUBLICATION FROM VIETNAM BRIEFING
This concise, detailed, yet pragmatic guide is ideal for CFOs, compliance officers and heads of accounting who need to be able to navigate the complex tax and accounting landscape in Vietnam in order to effectively manage and strategically plan their Vietnam operations.
Vietnamese CIT: How to Unlock Your Investment’s True Potential
Corporate Income Taxation (CIT) is a constant for companies of all sizes, regardless of their jurisdiction. With this in the mind, the following article outlines the manner in which corporate taxation is currently applied within Vietnam. We outline applicable rates, highlight possible deductions, and give insight on the manner in which income is calculated.