Practical Impacts on Major FDI Enterprises in Vietnam and Alternative Investment Support Policies From January 1, 2024, Vietnam officially implemented the Global Minimum Tax (GMT) framework pursuant to Resolution No. 107/2023/QH15. This represents a fundamental shift in the country’s Foreign Direct Investment (FDI) attraction strategy, effectively ending the era of tax-incentive-based competition. The following analysis […]
The rapid development of information technology and digital platforms such as Facebook, TikTok, Shopee, and Lazada has created a completely new business environment — e-commerce and social media business. According to the Ministry of Industry and Trade, Vietnam currently has tens of millions of social media users, among whom millions of individuals are conducting online […]
The following content provides an overview of the regulations regarding personal income tax (PIT) refunds in Vietnam, including cases where a refund is not applicable, the implications of not claiming a refund, and the timeframe for processing refund requests. This information is based on the relevant laws and regulations and is intended to clarify taxpayers’ […]
In Vietnam, foreign companies or individuals conducting business or providing services within the country are subject to specific tax regulations. One of the key taxes they must comply with is the Foreigner Contractor Tax (FCT). This tax applies to foreign contractors and subcontractors working in Vietnam, covering both income earned within the country and the […]
Tax evasion is no longer an unfamiliar concept to many people today, as it is an extremely pressing issue that the state is focusing on preventing. Due to the increasingly sophisticated nature and extent of this crime, state agencies have issued strict sanctions to prevent and punish such violations. The legal consequences of tax evasion […]
Trách nhiệm nộp thuế là quy định quan trọng và cần thiết của cơ quan quản lý thuế và các doanh nghiệp cần phải tuân thủ. Nếu nợ thuế quá lâu, doanh nghiệp có thể bị cưỡng chế hoặc phạt. Quy trình cưỡng chế nợ thuế đóng vai trò quan trọng trong hệ thống thuế, […]