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Publications

Client Update, May 2017 Foreign Investment & Restrictions in Vietnam


As globalisation advances, Vietnam is increasingly recognised as an attractive and feasible destination for foreign investors to expand or establish operations.

Although relatively open and welcoming for foreign investment, investors still often underestimate the restrictions and licensing requirements that exist today within Vietnam’s legal framework.

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Vietnam Tax Update April 2017

 

 

This April 2017 monthly publication of Domicile’s Tax Updates looks at recently issued tax and other similar updates from Vietnam’s authorities which have an impact on businesses in Vietnam. As always, please contact us if you would like further information on any of the items discussed in our publication.

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Domicile Corporate Services


Under Vietnamese Labour Laws, companies in Vietnam seeking to employ foreign individuals are generally required to obtain a Work Permit for the individual before the individual can sign a Labour Contract and commence work. However, there are exemptions to this requirement.

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Client Alert - Vietnam Transfer Pricing, March 2017


On 24 February 2017, the Vietnamese Government issued Decree 20/2017/ND-CP (“Decree 20”) concerning tax administration for enterprises with related-party transactions. This is a significant release for Transfer Pricing (“TP”) and related-party transactions, and also introduces a number of other non-TP related changes to taxation.

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Vietnam Tax Update March 2017


The March 2017 monthly publication of Domicile’s Tax Updates looks at recently issued Decrees and Official Letters from Vietnam’s authorities which have an impact on businesses in Vietnam. As always, please contact us if you would like further information on any of the items discussed in our publication.

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Client Update: Personal Income Tax Finalisations 2016


The 31 March 2017 deadline is fast approaching for 2016 Personal Income Tax finalisations in Vietnam. Businesses and individuals in Vietnam that have been subject to the Personal Income Tax (“PIT”) system should plan for preparing for 2016 annual finalisations of PIT for themselves or their staff (including foreign staff) before the deadline.

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Planning on Starting a Foreign Owned Business in Vietnam? – Read This.


Foreign investment into Vietnam is a key driver for the Vietnamese economy – representing around 40% of the economic output, and accounting for greater than 70% of the country’s exports.

Opportunities abound for entrepreneurial foreign business people seeking to start their own business in Vietnam – either as an extension of their current foreign operations, or as a new venture based out of Vietnam. However, caution (as ever) needs to be cast on these opportunities, as there are as many failures as success stories.

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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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