Vietnam Payroll Compliance: When Insurance Contributions Must Be Paid Through Salary
When an employee is not required to participate in one or more of Vietnam’s compulsory insurance schemes, the employer may need to pay the corresponding employer contribution directly through salary. This article explains Article 168.3 of the Labour Code, the treatment of employees with multiple labour contracts, the related Personal Income Tax implications, and the employment contract, payroll documentation and review measures employers should implement.
Establishing Your Business in Singapore 2026: A Practical Guide for Foreign Investors
Alitium’s 2026 guide provides foreign investors with a practical overview of establishing and operating a business in Singapore. It examines available business structures, company incorporation, governance, taxation, KYC and AML requirements, corporate banking, employment passes and ongoing compliance. The guide also explains how careful planning can help investors establish an effective Singapore base for regional and international growth.
Offshore Deals Can Still Create Vietnamese Tax Liabilities
Selling shares in an offshore holding company does not necessarily place a transaction outside Vietnam’s tax system. Vietnam’s updated indirect transfer rules can impose corporate income tax at 2% of gross sale proceeds, including where the seller makes no profit. This guide examines the legislative framework, treaty relief, internal restructurings, filing obligations, buyer due diligence, purchase-price allocation and the protections that should be included in the SPA.
Vietnam’s Provincial Natural Disaster Prevention and Control Fund in 2026
Vietnam employers face annual company and employee obligations for the Provincial Natural Disaster Prevention and Control Fund. This article explains how company contributions are calculated, the employer’s role in collecting employee contributions, applicable payment deadlines and documentation requirements. It also considers PIT deductibility for employees, penalties for non-compliance and the importance of checking each locality’s annual payment notice and remittance instructions.
Changes to VAT Adjustments in Vietnam in 2026
Circular 89/2026/TT-BTC introduces a simplified approach to input VAT adjustments in Vietnam from 1 July 2026. The expanded scope of Items 37 and 38 of Form 01/GTGT allows taxpayers to record qualifying adjustments directly in the current VAT return, without filing a supplementary return for the original period. The changes apply to specified payment, invoice and input VAT correction scenarios, reducing administrative burdens while preserving separate requirements for output VAT corrections.
Beyond Vietnam’s New PIT Rules: Key Practical Considerations Under Decree 253 and Circular 87
Vietnam’s new Personal Income Tax framework under Decree 253 and Circular 87 introduces significant reforms, but successful implementation depends on more than understanding the legislation. This article examines five practical areas where employers should exercise care, including termination payments, overtime, post-employment income, employee awards, dependant registrations and new deduction claims, together with practical governance measures to reduce payroll and tax compliance risk.
Hiring Foreign Talent in 2026 for Singapore & Malaysia
Singapore and Malaysia have both introduced significant changes to their foreign employment frameworks in 2026. This article compares Employment Pass requirements, salary thresholds, quotas, dependants, workforce localisation and compliance obligations across both jurisdictions. It provides practical guidance for businesses planning regional expansion, helping employers align recruitment, workforce planning and corporate structuring with the latest immigration and employment regulations.
Vietnam E-Invoicing Rules Updated: Four Compliance Changes Effective from July 2026
Vietnam’s e-invoicing framework has been refined through Decree 254/2026/NĐ-CP and Circular 91/2026/TT-BTC, effective 1 July 2026. The changes clarify invoice issuance timing, introduce more structured invoice correction procedures, strengthen e-invoice registration and identity verification requirements, and encourage consumers to report non-compliance. Businesses should review their invoicing systems and internal controls to minimise tax and compliance risks.
Vietnam Temporary Residence Card (TRC) Guide 2026: Practical Requirements for Foreign Employees and Employers
Recent changes in Vietnam’s immigration administration mean that obtaining a Temporary Residence Card (TRC) for foreign employees now requires more than simply meeting the statutory checklist. This guide explains the latest practical requirements observed in Ho Chi Minh City, including corporate VNeID authentication, social insurance verification, supporting documentation and common issues that employers should address to minimise delays and improve application outcomes.
Vietnam PIT Update July 2026: Changes Affecting Non-Employment Income
Vietnam’s Personal Income Tax reforms effective from 1 July 2026 significantly change the taxation of non-employment income under Decree 253/2026/ND-CP. The new rules clarify tax treatment for capital transfers, sole residential property exemptions, bonus shares and ESOP schemes, while introducing future taxation of gold bar transfers. Individuals, investors, employers and securities firms should understand these new obligations to ensure compliance and effective tax planning.