As Vietnam continues to attract foreign talent and investment, understanding the personal income tax (PIT) obligations for foreigners becomes essential for both expatriates and the companies that employ them. Whether you’re an individual working in Vietnam or a business hiring foreign staff, this guide provides a clear overview of how to calculate PIT for foreigners […]
In the context of globalization and deeper economic integration, corporate ownership transparency has become a critical focus for improving governance, combating money laundering, and attracting investment. The concept of the “beneficial owner” — the individual who ultimately owns or controls a business entity, even if not formally listed in official records — has gained increasing […]
Vietnam, with its rich cultural heritage, stunning natural landscapes, and rapidly growing tourism industry, has become an attractive destination not only for travelers but also for foreign investors seeking business opportunities in the travel sector. However, investing in and operating travel services in Vietnam involves navigating a complex legal framework, particularly for non-Vietnamese entities. This […]
In today’s fast-changing regulatory landscape, ensuring full legal compliance is no longer just about avoiding penalties — it is a strategic move to protect and grow your business. As more foreign-invested companies expand operations in Vietnam, many are turning to retainer-based legal services as a practical solution for ongoing legal support. But is this model […]
Vietnam has taken a significant step toward refining its legal framework on citizenship with the 2025 amendments to the Nationality Law. As the country continues to integrate into the global economy and attract increasing numbers of foreign investors, professionals, and long-term residents, the amended law introduces notable changes that directly affect foreign nationals. From clarifying […]
In the process of improving the legal framework and attracting investment capital, Vietnamese law allows enterprises to choose from various forms of implementation, among which the more favored are the establishment of an economic organization and the Business Cooperation Contract (BCC). Each form comes with its own distinctive characteristics, and depending on the specific context, […]