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Regulations pertaining to Personal Income Tax (PIT) in Vietnam released recently, effective from 1 July 2026, set certain key changes in tax implementation and calculation. Law No. 109/2025/QH15 Law No. 09/2026/QH16 Decree 253/2026/ND-CP, and Circular 87/2026/TT-BTC. Highlights from new releases: Expansion of Taxable Income Items Under the new framework defining ten taxable income categories, the […]
As society moves towards a cashless environment, demand for bank accounts is rising. In addition to VND accounts, Vietnam-based businesses may open foreign currency accounts (such as USD, EUR, SGD, GBP). Accounts are limited to major currencies; for others, companies must convert VND or another currency when making payments. 🔷 DIRECT INVESTMENT CAPITAL ACCOUNT | […]
Entering the Vietnamese market through company formation or other investment vehicles is a key step for foreign investors. As Vietnam’s economy grows, businesses increasingly require capital, with foreign loans being a common source for operational funding. The State Bank of Vietnam strictly regulates loan disbursement and repayment, including mandatory loan registration for: Medium and long-term […]
Labor contract means an agreement between an employee and an employer on paid work, on wages [salary, remuneration], on working conditions, and on the rights and obligations of each party to the labor relationship. A legal labour contract generally includes four primary components: Employment Salary, wage, or remuneration Management and supervision Employment cost Employment term […]
Operating in a host country requires strict statutory compliance, including timely filings and tax return submissions. A Compliance Calendar outlines statutory reporting deadlines, enabling companies to schedule tax filings and submissions efficiently for the fiscal year 2026. Download PDF file
Implicated from the name, corporate secretarial service (COSEC) often refer to the secretary, resonate with administrative tasks, material preparation, documentary filings, statutory reports submission for compliance. Considering the context of Vietnam’s economic development, the ever-increasing foreign investment in Vietnam market leads to high demands in COSEC service, form up and maintain the compliance from the […]