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Publications

Vietnam Tax & Accounting Update June 2019

 

This June 2019 publication of our Tax and Accounting updates covers Decisions and Circulars on taxes and equipment, changes to Work Permit procedures, and our regular review of recent Official Letters released by the Tax Authorities.

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Key Considerations for Investors when Entering Vietnam, and in the First Year of Activity

 

Foreign Direct Investment represents one of the main drivers for growth in Vietnam, and contributes to making the country the fastest growing in Southeast Asia. Foreign Investors, as they expand into Vietnam, need to be aware of the hidden risks and “small” issues that can become key distractions for businesses in losing their momentum and ultimately becoming unsuccessful. In this article, we seek to highlight some of these issues, and turn attention towards the key factors investors should be aware of when establishing operations in Vietnam and in the first year of activity.

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2019 Vietnam Payroll Quick Guide - July Update

 

Our 2019 Vietnam Payroll Quick Guide has been updated effective for payrolls after 1 July 2019, reflecting increased compulsory insurance contributions in certain circumstances. This guide helps employers and employees to understand general calculations and obligations with payroll and payroll related taxes and insurances in Vietnam.

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Vietnam Tax & Accounting Update May 2019

 

This May 2019 Tax and Accounting publication by Domicile Corporate Services looks at increases to Insurance Costs for employees and employers from 1 July 2019, changes to enterprise registration procedures, and provides our regular review of recent Official Letters released by the Tax Authorities.

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Client Alert, May 2019 - Tax Department Alert on Common Tax Infringements in Vietnam

 

The General Department of Taxation and the Ho Chi Minh City Department of Taxation have recently issued alerts highlighting common infringements that they have identified when undertaking reviews of enterprises in Vietnam. The findings are focussed on a number of sectors where the compliance issues are more regularly identified, namely enterprises operating within trading, import/export, real estate and e-commerce areas, along with entities that have related party transactions.

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Key Economic Overview 2019 for Vietnam

 

We have released a 2-page publication which shows graphs with Vietnam's key economic information - including growth, exports, imports, investments and sources. This should serve as a great starting point for marking investment decisions into Vietnam.

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When should I start a company in Vietnam? - A Guide for Entrepreneurs

2019 Increases to Vietnamese Minimum Monthly Wage

 

Entrepreneurs, and those in the start-up community, are often conflicted as to when do they need to incur costs and incorporate/establish a formal entity for their endeavour. In Vietnam, this decision is further compounded by the high establishment costs, especially for foreign invested companies, together with the ongoing compliance costs and time requirements for maintaining a compliant entity in Vietnam.

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Vietnam Tax Update April 2019

 

Domicile’s April 2019 Tax and Accounting update covers some recent Circulars on E-invoices and using foreign labour, together our regular review of recent Official Letters released by the Tax Authorities.

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Contact Info

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Please feel free to contact Domicile Corporate Services or visit us using the information below.

Vietnam Offices

Ho Chi Minh City:
Level 9, Abacus Tower
58 Nguyen Dinh Chieu, District 1 

Hanoi:
Level 13, Hanoi Towers
49 Hai Ba Trung, Hoan Kiem District

Danang:
Level 3, Indochina Riverside Tower
74 Bach Dang, Hai Chau District

Email

info@domicilecs.com

Phone

+84 (0)28 6291 5779 (HCMC)
+84 (0)24 3266 3314 (Hanoi)
+84 (0)236 366 4662 (Danang)

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