PublicationsRead the Latest News From Domicile Corporate Services

Publications

2019 Vietnam Payroll Quick Guide

 

We have updated our 2019 Vietnam Payroll Quick Guide effective for payrolls after 1 January 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.

Read more ...

Vietnam Tax Update November 2018

 

Our November 2018 publication on Tax and Accounting updates looks primarily at employment and labour changes this month, with a number of key changes for foreign employees arising, along with our regular review of recent Official Letters released by the Tax Authorities.

Read more ...

Client Alert, October 2018 - Social Insurance For Foreign Employees

 

The Vietnamese Government released Decree 143/2018/ND-CP (“Decree 143”) on 15 October 2018, providing the long awaited guidance for the implementation of Social Insurance obligations for foreign employees working in Vietnam.

Although the Social Insurance laws in Vietnam had stated that foreign employees have been subject to Vietnamese Social Insurance requirements effective 1 January 2018, until the release of Decree 143 there was no implementation guidance for employers.

Read more ...

Vietnam Tax Update October 2018

 

This October 2018 publication on Tax and Accounting updates covers recent changes to compulsory e-invoicing in Vietnam, relaxation to requirements to register salary scales for small enterprises, along with our regular review of recent Official Letters released by the Tax Authorities.

Read more ...

Client Alert, October 2018 - Service Contracts in Vietnam, Risks & Concerns?

 

Service Contracts are a mechanism commonly used by Vietnamese entities to formalise and document arrangements with individuals, without the need to enter into formal employment agreements. 

However, caution needs to be applied when contemplating Service Contracts, as there are implications and tax consequences that Vietnamese entities should carefully consider before proceeding.

Read more ...

Client Alert, September 2018 - Decree on E-invoices in Vietnam

 

The Vietnam Government released its Decree covering E-invoices in Vietnam on 12 September 2018. Decree 119/2018/ND-CP (“Decree 119”) on Regulations for Electronic Invoices when Selling Goods or Providing Services, sets out instructions which compel enterprises in Vietnam to move to using E-invoices by 31 October 2020, and cease using paper VAT invoices.

Read more ...

Vietnam Tax Update September 2018

 

Our September 2018 publication on Tax and Accounting updates looks at business registration changes that simply a number of procedures, along with the regular review of recent Official Letters released by the Tax Authorities. The Official Letters cover foreign dividend payments, Personal Income Tax for foreign experts, deductibility for expenses that are paid through personal bank accounts, Foreign Contractors Tax on Software, and education payment exemptions for children of foreign employees.

Read more ...

Vietnam Tax Update August 2018

 

Our August 2018 publication on Tax and Accounting updates overs changes to Social Insurance payments for branches, and highlights the proposed minimum salary increases for 2019. We also look at a selection of recent Official Letters released by Tax and related authorities in this publication.

Read more ...

9 Common Payroll Errors for Vietnamese Companies

  

Payrolls in Vietnam are complicated processes, and are areas where mistakes can easily become the norm unless Vietnamese businesses are careful, consciously monitoring and reviewing their processes, procedures and calculations.

 

At Domicile Corporate Services, we undertake compliance and payroll reviews for companies in Vietnam, and commonly identify errors and mistakes for management to correct and amend. Below are our nine most common errors we see in Vietnamese payrolls when undertaking payroll compliance reviews:

Read more ...

Search Publications

Contact Info

image

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)

Always Making a Difference

We are always working with our clients to make a difference to their business.

We see successful clients as a measure of our success, and the best source of our own growth.

Contact Us