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Publications

Client Alert, April 2018: Increased Penalties for Accounting Administration Infringements

 

On 12 March 2018, the Vietnam Government issued Decree 41/2018/ND-CP concerning penalties for Accounting Administration Infringements. The new Decree is effective from 1 May 2018, and replaces Decree 105/2013/ND-CP.

This new Decree places further stringent requirements on companies with respect to basic accounting records and procedures, reflecting the Government’s emphasis on compliance in general, by adding additional infringements and increasing penalties when compared to the previous Decree that it replaces.

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Vietnam Tax Update April 2018

 

This April 2018 Tax Update covers recent selected Decrees and Circulars which provide further clarity for businesses in Vietnam, and we also look at a selection of recent Official Letters released by Tax and related authorities.

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Vietnam Tax Update March 2018


Our March 2018 Tax Update publication looks at Transfer Pricing obligations as we approach year-end submission deadlines, and we also look at a selection of recent Official Letters released by Tax and related authorities.

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Reminder: Tax Finalisation and Financial Statement Lodgements by 31 March 2018


31 March 2018 is fast approaching, and this is one of the most important compliance dates for Vietnamese enterprises in order to submit their annual 2017 finalisation reports, including financial statements, with various government authorities. The specific deadline is 90 days after the tax year end, which for most companies results in a deadline of 31 March 2018 for 2017 year finalisations.

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The Vietnam Trapped Money Dilemma: How foreign investors can avoid the problem

 

At our offices, a common scenario is that a foreign individual comes to see us to help with their company/investment in Vietnam. They tell us that they have established a company in Vietnam using a Vietnamese friend’s name as the investor (nominee), they have personally invested a large amount of money from abroad into the company by way of cash, and they are now stuck as they can’t work out how to get the funds out of Vietnam.

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Vietnam Tax Update February 2018


Our February 2018 Tax Update publication proves a summary of recent updates relevant to Vietnamese businesses. We also look at recent Official Letters from the Tax Authorities to help provide guidance in applying various laws in Vietnam.

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Tet 2018 - Office Closure Dates

 

 

We would like to wish all clients and friends a happy and prosperous 2018 in the Year of the Dog.

 

In accordance with Government guidelines for Tet 2018 public holidays, our office will be closed from Wednesday 14 February to Tuesday 20 February 2018, inclusive. We will reopen on Wednesday 21 February 2018, and look forward to being part of your success in 2018.

 

Vietnam Tax Update January 2018


This January 2018 Tax Update publication offers a reminder for the many year-end tax obligations which companies and individuals need to be aware of. We also look at recent Official Letters from the Tax Authorities to help provide guidance in applying various laws in Vietnam.

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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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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.

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