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Investing in higher education in Vietnam: Licensing and compliance
VIETNAM INSIGHT

Investing in higher education in Vietnam: Licensing and compliance

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

Tax Department Alert on Common Tax Infringements in Vietnam
VIETNAM INSIGHT

Tax Department Alert on Common Tax Infringements in Vietnam

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

Tax concerns when dissolving a company in Vietnam
VIETNAM INSIGHT

Tax concerns when dissolving a company in Vietnam

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.

When Should You Start a Company in Vietnam: A Guide For Entrepreneurs
VIETNAM INSIGHT

When Should You Start a Company in Vietnam: A Guide For Entrepreneurs

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,

6 Key Accounting, Tax and Compliance Challenges
VIETNAM INSIGHT

6 Key Accounting, Tax and Compliance Challenges

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

Representative Office in Vietnam: Common Misunderstandings
VIETNAM INSIGHT

Representative Office in Vietnam: Common Misunderstandings

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

How to Register a Company in Vietnam: A Step by Step Guide
VIETNAM INSIGHT

How to Register a Company in Vietnam: A Step by Step Guide

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

How to Use a Credit Card for Company Expenses in Vietnam
VIETNAM INSIGHT

How to Use a Credit Card for 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 interpreta

10 Mistakes Foreign Investors Make After Starting a Company in Vietnam
VIETNAM INSIGHT

10 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 R

Transferring Money From Vietnam: Options for Individuals and Companies
VIETNAM INSIGHT

Transferring Money From Vietnam: Options for Individuals and Companies

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

Sacombank 在老挝开设子公司
VIETNAM INSIGHT

Sacombank 在老挝开设子公司

据newswi报道,Sacombank 100%控股的老挝-西贡Thuong Tin商业股份银行(Sacombank Lao)已在老挝正式开业

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