E-invoices have been permitted and applied by a small number of taxpayers in Vietnam for some time, however the Vietnamese authorities are commencing their drive to make E-Invoicing and electronic information sharing mandatory in Vietnam in the near futur

Substantial changes come into effect from 1 January 2018 affecting the calculation of payrolls in Vietnam. The results of the changes are that, essentially, remuneration payments received by employees will be subject to compulsory Insurances and Personal

At the present time, foreign individuals working in Vietnam are only subject to compulsory government Health Insurance and Personal Income Tax on their salary. However, changes from 1 January 2018 will result in Social Insurance becoming compulsory for mo

There are significant changes forthcoming in Vietnam to how payrolls are to be calculated and processed, and both employees and employers need to understand the potential impacts of these.

Changes were released earlier this year, affecting the recording and processing of foreign sourced loans by Vietnamese companies. This Client Update looks at what these changes mean to Vietnamese entities, and what business managers/owners need to be