Limitless customization options & Elementor compatibility let anyone create a beautiful website with Valiance.
Personal Income Tax (PIT) is withheld from the income earned by the employee in Vietnam from providing works under labor contract or agreement. PIT is calculated on accessible income with progressive rate from 5% to 35% or by flat rate at 10%, depending on each type of employment. For non-tax resident, flat rate 20% is […]
Pursuant to Article 76, 77, 78, 81, Circular 80/2021/TT-BTC dated 29 Sep 2021 guiding relating Tax Administration, Ministry of Finance (MOF) promulgate the procedure for foreign/overseas vendors/suppliers to register tax declaration in Vietnam. Moving forwards, overseas vendors can directly declare tax, calculate tax obligation; and settle tax liabilities to Vietnam State Budget. Upon registering successfully, […]
Pursuant to Article 73, 75, 76, Circular 80/2021/TT-BTC dated 29 Sep 2021 guiding relating Tax Administration, Ministry of Finance (MOF) promulgate the procedure for foreign/overseas vendors/suppliers to register tax declaration in Vietnam. Certain conditions of foreign vendors (who register tax declaration on the Web Portal of Vietnam Tax Department) Do not have permanent establishment in […]
[Update 2026] Positive news from Vietnam Government that VAT 8% continue to apply from 1 July 2025 to 31 Dec 2026, promulgated under Resolution 174/2024/QH15 of Vietnam National Assembly. The Government issue Decree 174/2025/ND-CP guiding VAT rate reduction. 📆 Basically, 8% VAT is still applied to all goods and services for next 12-month period, EXCEPT: […]
Positive news from Vietnam Government pertaining to VAT rate that it reduces from 10% to 8%, applied for the period from 1 July 2023 to 31 Dec 2023. 8% VAT is applied for all goods and services, EXCEPT: Telecommunications Finance, banking, insurance and securities related service Real estate business Prefabricated metal and metal products, mining […]
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 […]