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The ongoing digital transformation in Vietnam, which was intensified by the COVID-19 pandemic, has led to electronic signatures (E-Signatures) being a common talking point, due to them being an invaluable tool used by businesses across the world. Vietnam
Vietnam Briefing outlines personal income tax regulations including submission deadlines, tax rates, and tax residency status
In part 3 of this series, Vietnam Briefing looks at the differences between IFRS and VAS focusing on the income statement.
In this issue of Vietnam Briefing magazine, we guide businesses through the annual audit and compliance process as well as a roadmap to IFRS
Vietnam issued Circular 80 on implementing the law on tax administration. We focus and highlight e-commerce and digital businesses affected by Circular 80
Human resource and labour compliance in Vietnam is one of the most troublesome areas for international investors operating or seeking to enter Vietnam. In a recent LinkedIn survey of our extended Acclime community, 62% of our audience, when being asked of
In this Q&A with Filippo Bortoletti, we discuss Vietnam's labor market including availability, taxes, labor contracts, and key HR compliances
At Acclime Vietnam, we help foreign investors register their own companies in Vietnam. Our corporate establishment and licensing services are designed around simple and practical advice, with clear processes from start to finish.
Vietnam Briefing highlights tax exemptions and reductions for those tax residents that are subject to personal income tax in Vietnam.
A number of new Laws take effect on 1 January 2021 in Vietnam, and all businesses operating in Vietnam should understand the implications on their businesses of these laws. Key laws include:
Deadline for the 2020 annual financial statement submission for corporate taxpayers and tax finalisation for tax-resident individuals31 March 2021 is the deadline for lodgement of the 2020 Financial S
With the advancement and proliferation of the internet and electronic devices, Electronic Commerce (better known as ‘e-commerce’) has become a foundation of how modern society consumes and interacts. Given the impact e-commerce has on our live
On 15 October 2020, the Vietnam Government released Decree 122/2020/ND-CP (“Decree 122”) regulating the procedures for company registration in Vietnam, and incorporating initial labour usage declaration, Social Insurance registration and tax invoice usage
Enterprises operating in Vietnam are required to meet thorough compliance obligations that are often complicated, time consuming and subject to continuous change by government bodies. As businesses seek to expand in Vietnam, foreign investors need to be a
Vietnam approved a 30 percent corporate income tax reduction for 2020, which will help boost cash flow for businesses affected by COVID-19.
International investors and entrepreneurs commonly undertake direct investments in existing companies in Vietnam, however, as with any investment, care needs to be taken. When assessing the value and risks of a potential acquisition target, there are proc
Vietnam Briefing highlights the proposed corporate income tax cut to help boost the economy from the after-effects of COVID-19.
Vietnam's National Assembly approved the increase in personal income tax deductions for individuals and dependents for 2020.
The Vietnamese Government formally released Resolution 954/2020/UBTVQH14 on 2 June 2020 to implement reductions in Personal Income Tax for Vietnamese taxpayers for the 2020 tax year, as part of the effort to stimulate the economy.
With companies active in Vietnam impacted by the current Covid-19 situation, and facing structural and operational complications., it is important to be able to maintain compliance and ensure their business continuity plan is sustainable. Therefore, busin
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