STANDARD PROCEDURE BETWEEN VNC CONSULTING AND FOREIGN CLIENT FOR THE SERVICE OF SETTING UP A FDI COMPANY IN VIETNAM

Standard Procedure Between VNC Consulting And Foreign Client For The Service Of Setting Up A [...]

COMPARISON OF ELECTRONIC INVOICE SUPPLIERS FROM 2017

Since 2017, there has been e-invoice service providers developing in two forms: Web app (used [...]

OVERVIEW OF ELECTRONIC INVOICES

Since 2011, the Ministry of Finance has issued Circular No. 32/2011/TT-BTC guiding the creation, issuance [...]

SOCIAL INSURANCE CONTRIBUTION AMOUNT IN 2017 – 2018 LATEST (SI, HI, UI, UF)

The latest social insurance, health insurance and unemployment insurance contribution amount are paid according to [...]

LIMITATIONS WHEN IMPLEMENTING BENCHMARKING IN REPORT ON TRANSFER PRICES OF ASSOCIATED PARTIES

First is the comparison price method, or more commonly known as the CUP method (“comparable [...]

NOTES ON CONTRACTOR TAX DECLARATION FOR FOREIGN INDIVIDUALS

Pursuant to Clause 1, Article 1, Chapter 1 of Decree 90/2007/ND-CP dated May 31, 2007 [...]

PENALTIES FOR LATE SUBMISSION OF TAX DOCUMENTS IN VIETNAM

Pursuant to Decree 125/2020/ND-CP, effective from December 5, 2020: I. Penalties for violations of tax [...]

FAMILY ALLOWANCES FOR DEPENDENTS IN THE GROUP OF “INDIVIDUALS WITHOUT SUPPORT”

Pursuant to Clause 5, Article 4 of Decree No. 31/2013/ND-CP dated April 9, 2013 of [...]

CIT POLICY ON CLOSING RATE DIFFERENCES BY REVALUATION OF MONETARY ITEMS DERIVED FROM FOREIGN CURRENCIES

In Clause 2, Article 1 of Circular No. 179/2012/TT-BTC dated October 24, 2012 of the [...]

THE CRITERIAS TO DEFINE A TAX RESIDENT IN VIETNAM

A tax resident in Vietnam is defined as someone: – Residing in Vietnam for 183 [...]

TAX POLICY FOR THE CASES WHICH FOREIGN CONTRACTORS MEET THE CONDITIONS TO DECLARE DIRECTLY WITH THE TAX AGENCY

– In accordance with the Ministry of Finance’s Circular No. 103/2014/TT-BTC, published August 6, 2014, [...]

PIT POLICIES ON THE EXPENSES FOR MAKING TEMPORARY RESIDENT CARD (TRC), VISA, WORK PERMIT FOR FOREIGN STAFF

– Pursuant to Article 2 of Circular No. 119/2014/TT-BTC dated August 25, 2014 amending and [...]

REGULATIONS ON RETAIL LICENSE FOR FOREIGN INVESTMENT COMPANIES IN VIETNAM

When foreign investors invest in Vietnam, in addition to investment conditions and procedures, they must [...]

REGULATIONS ON TAX DECLARATION TO BE NOTED FOR COMPANIES THAT ARE TEMPORARILY SUSPENDED

Decree 126/2020’s Article 4 states the following: “2. During the time taxpayer’s operations are suspended: a) [...]

POLICY ON PERSONAL INCOME TAX (PIT) RELATED TO BROKER COMMISSIONS FOR INDIVIDUAL

In accordance with the Ministry of Finance’s Circular No. 111/2013/TT-BTC, dated August 15, 2013, directing [...]