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AdminN2N September 9, 2026 No Comments

Corporate Income Tax Incentives for SMEs in Vietnam | Update 2026

Vietnam continues to strengthen its support for small and medium-sized enterprises (SMEs) through targeted Corporate Income Tax (CIT) incentives, in particular: The 3-year CIT exemption for newly established enterprises, and The 30% reduction in CIT payable applicable for the 2026 and 2027 tax periods 3-YEAR CIT EXEMPTION FOR NEWLY ESTABLISHED ENTITY Effective 17 May 2025, […]

AdminN2N May 23, 2023 No Comments

Foreign Contractor Withholding Tax

FCT is not a separate type of taxation. FCT is a term referring to the Value-Added Tax (VAT) and Corporate Income Tax (CIT) / Personal Income Tax (PIT) obligation of foreign contractors/sub-foreign contractors: For foreign organizations: VAT and CIT For foreign individuals: VAT and PIT   APPLICABLE SUBJECTS Foreign contractors (FC) Foreign business organizations with […]