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Funding through foreign loan is the most common vehicle to fulfil the needs of working capital of Vietnam-based enterprise for operation, considering the context of Vietnam’s economic development. There are three types of foreign loans, in particulars: (i) short-term loan, (ii) long-term loan and (iii) loan under deferred imported goods. Strictly controlled by the State […]
Value-Added Tax (a.k.a VAT) is a kind of tax indirectly applying on goods and services (including goods and services purchased from organizations and individuals overseas) used for the purposes of production, trading and consumption in Vietnam. DEFINITION VAT taxpayers shall be organizations and individuals producing and trading VAT taxable goods and services in Vietnam, regardless […]
Invoice (a.k.a VAT invoice or “Red Invoice”) is one of significant supporting document in terms of accounting and tax declaration for all enterprises when doing business in Vietnam. VAT invoice is required to register with tax authority prior issuance. The Company are free in designing e-invoice template following their desires. However, there are certain information […]
Doing business in host country involves with statutory compliance, where the enterprise is required to fully comply with periodical filings and submitting tax returns. Compliance Calendar is designed and aims to provide deadline of statutory report. Based on set schedule, the company can arrange for tax filings and submission on time in year 2023. Link […]