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Vietnam Tax Update December 2016


This Tax Update publication for December 2016 looks at a recent selection of Circulars and Official Letters that have been released and which are relevant to businesses operating in Vietnam.

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Payroll Quick Guide - 2017

We have updated our Payroll Quick Guide for 2017, helping employers and employees understand general calculations and obligations with payroll and payroll related taxes in Vietnam.

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Client Alert - Credit Cards and Company Expenses in Vietnam

 

The use of Credit Cards in Vietnam to pay company expenses has been an area of confusion and frustration until recently. Be it using personal cards for company expenses, or arranging company sponsored credit cards for the right individuals, the interpretations and enforcement of laws have not been easy.

 

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Vietnam Tax Update November 2016


This Tax Update publication for November 2016 looks at a selection of Decrees, Circulars and Official Letters which have been released in recent weeks and which we believe will be of interest to readers.

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10 Common Mistakes Foreign Investors Make After Starting a Company in Vietnam


Establishing a company in Vietnam is a significant step for many foreign investors, and hopefully the beginning of a successful business undertaking. Anyone that has gone through the process of preparing for and submitting an IRC application (Investment Registration Certificate) for approval will understand the frustrations and substantial paperwork required in Vietnam just to commence the process.

Investors will usually use lawyers or professional service providers to undertake the (complicated and time consuming) company registration process for them, and will rely on these advisors to understand as much about the ongoing requirements that arise for their new company when it is established.

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Vietnam Tax Update October 2016


This October 2016 edition of Domicile’s Tax Updates looks at recently issued Official Letters from Vietnam’s tax authorities, providing guidance in the often confusing realm of Vietnamese taxation. As always, please contact us if you would like further information on any of the items discussed in our Tax Updates publications.

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Client Alert - Minimum Wage Increases for 2017


The National Salary Council has issued a recommendation that Vietnam’s Minimum Regional Wage should be increased for 2017 by an average 7.3% (see table below for specifics).

In early October 2016, draft Circulars have been issued supporting the National Salary Council’s recommendation. Although it is still awaiting final approval from the National Assembly, history shows that this proposal will likely pass and we suggest that enterprises should take this proposed increase into account for their budget planning for the upcoming 2017 year.

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2017 Compliance Calendar

Available for download is our 2017 Vietnam Compliance Calendar for companies in Vietnam.

 

This calendar is designed to help companies in Vietnam understand the most common compliance dates for tax, payroll and government related matters.

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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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