Proposed Tax Reductions for Small Companies in Vietnam
The Ministry of Finance has released a draft proposal, to amend the Corporate Income Tax Law and lower the tax rate from 20% to 15% and 17% for small companies that meet certain conditions.
Navigating Vietnam’s Investment Landscape: The Strategy of Multi-Tiered Subsidiaries
Learn how a multi-tiered structure can help navigate Vietnam’s investment landscape with maximum opportunities while complying with restrictions on foreign ownership and investment conditions. However, the practical application of this approach varies across provinces, introducing complexity and uncertainty due to the lack of explicit regulatory affirmation. Alitium Vietnam’s founder and managing partner, Phuong Vo, provides expert insights and advice on the potential risks and benefits of the multi-tiered investment strategy. Don’t miss out on this valuable information for foreign investors in Vietnam.
Top 7 Reasons for Transaction Failures in Vietnam: Insights for Foreign Investors
Transactions can fail for a number of reasons, however these are the 7 most common reasons in Vietnam – and despite best intentions, they do arise regularly for foreign investors.
Employment Outsourcing Companies in Vietnam – BPO or EOR
This article discusses the differences between Business Process Outsourcing (BPO) and Employer of Record (EOR) in Vietnam, highlighting that BPO involves outsourcing specific business functions, while EOR pertains to employment responsibilities and compliance with Vietnamese labor laws.
Engaging with Individual Contractors in Vietnam – Tax and Deemed Employment Risks
In Vietnam, individuals working under contractor agreements may be legally deemed employees, affecting tax rates and requiring work permits for foreigners. The Labour Code’s broad definition of an employee includes anyone working under an agreement with remuneration and supervision, potentially reclassifying freelance contracts as employment relationships.
Vietnam Tax Companion
Summary of key Vietnam Taxation relevant to companies in Vietnam for 2024, and designed for assisting foreign investors to gain an overview of Taxation.
2024/2025 Vietnam Calendar Companion
A Compliance Calendar for Vietnam, providing a companion for understanding lodgement and submission requirements for foreign invested companies in Vietnam. Covering 2024 – 2025, this is an invaluable document to assist foreign inevstors with their ongoing obligations in Vietnam.
Vietnam Transfer Pricing – Risks and Obligations
An article providing an overview of Vietnam’s transfer pricing regulations, emphasizing the importance of compliance with the arm’s length principle to avoid penalties and ensure fair taxation for foreign investors
Vietnam Representative Offices – Risks and Compliance Realities
Establishing a Representative Office (RO) in Vietnam offers foreign companies a way to conduct market research and promote their business without direct commercial activities. It’s crucial to adhere to Vietnamese regulations, as ROs are limited to non-income-generating operations and must comply with specific registration and reporting requirements.
Winding Up a Company in Vietnam – What do you need to consider
Winding up a company in Vietnam is a complex process that requires careful planning, thorough documentation, and strict adherence to regulatory requirements. Foreign investors must be prepared for extended periods of inspection and the rigorous scrutiny of tax authorities. Understanding the administrative requirements, regulatory timeframes, and practical challenges can help mitigate risks and ensure a smoother dissolution process. By following these guidelines and leveraging professional support, foreign investors can effectively manage the winding-up process in Vietnam, minimizing risks and ensuring compliance with local regulations.