The higher education sector in Vietnam has attracted a significant focus in recent years for its potential growth and returns for investors. However, despite the opening up of the sector to foreign investors, the approval process is substantial, extremely

The taxation compliance obligations of a company in Vietnam are time consuming and complicated, especially in comparison to more developed countries.

The General Department of Taxation and the Ho Chi Minh City Department of Taxation have recently issued alerts highlighting common infringements that they have identified when undertaking reviews of enterprises in Vietnam. The findings are focussed on a n

The liquidation process for a Vietnamese Company is time-consuming, costly, and has significant tax exposures. Care needs to be taken to understand and prepare before investors seek to wind up their company in Vietnam.

Entrepreneurs, and those in the start-up community, are often conflicted as to when do they need to incur costs and incorporate/establish a formal entity for their endeavour. In Vietnam, this decision is further compounded by the high establishment costs,

The accounting, tax and compliance function in Vietnam is one which presents significant challenges in Vietnam, and more so to foreign invested businesses. Six specific challenges that investors face in respect of these are detailed below, looking at the

When foreign enterprises seek to establish a commercial presence in Vietnam, the most common approach used is to establish a foreign owned company in Vietnam as the appropriate vehicle. Usually this is the correct (or, often, the only) choice. However, re

At Acclime, we help foreign investors register their own company in Vietnam. Our corporate establishment and licensing services are designed around simple and practical advice, with clear processes from start to finish. We guide investors through the gove

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.

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 interpreta

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 R

Individuals who have spent time in Vietnam appreciate that sending money into Vietnam is relatively easy (although, caution must be taken to ensure that inflows are correctly documented, otherwise those inflows may be taxed as revenue/income), but getting