Individuals in Vietnam are subject to Personal Income Tax (PIT) based on their tax residence status. Employment income is generally subject to various progressive tax rates, while other income is subject to flat tax rates. Individuals must adhere to one calendar year as their standard tax year. The employer must deduct Personal Income …
Currently, foreign investors doing business in Vietnam will be subject to many taxes. It is important that you understand the different types of taxes in Vietnam that you may be required to pay so that you can plan ahead and ensure compliance. There are 4 main types of taxes in Vietnam that foreign …
What types of taxes in Vietnam will be applied to foreign companies? Read More »
Personal income tax is your income through business, salary, wages, inheritance, interest or dividends… Vietnam’s personal income tax rate is calculated based on the type of residence. GTax has presented in previous articles about Personal Income Tax Rates in Vietnam, you can read them again, besides, for the incomes below there will be specific …
In addition to the taxable income we already know, there are also types of income that are excluded from tax (non-taxable allowances). These allowances require supporting documentation or company policy depending on the type of allowance. Through this article, GTax will provide you with details of non-taxable income as follows: Non-Taxable Benefits & Income Some …
Individuals in Vietnam are subject to Personal Income Tax (PIT) in Vietnam, based on their tax residency status. But how is tax calculated and is all income calculated at a flat tax rate? In this content, GTax will provide you with detailed information related to how to calculate personal income tax rates for foreigners …
Details of personal income tax of foreigners in Vietnam Read More »
Like every other country, personal income tax in Vietnam for foreigners has specific policies and tax rates. Personal income tax is the portion of your income through business, wages, salaries, inheritance, interest or dividends that will be given to the government. The personal income tax rate in Vietnam for foreigners depends only on …
What are the types of income that are exempt from personal income tax according to Vietnamese law? Tax exempt incomes The Law on Personal Income Tax 2007, individuals will receive personal income tax deductions in the following cases: Incomes from transfer of real estate between spouses; (Parents and their children;Adoptive parents and their adopted children;Fathers-in-law …
Types of income are exempt from personal income tax (PIT) in Vietnam Read More »
With the content of this article, GTax will provide you with an overview of Vietnam’s Personal Income Tax policy. Because personal income tax (PIT) policy frequently changes, currently (2023) what personal income tax rate is Vietnam applying? or other content you are interested in such as: How many categories of personal income tax are there …
Foreign investors coming to Vietnam often do not understand the state’s legal procedures. This article will discuss how to make your investment in Vietnam. The following are the requirements that must be fulfilled by foreign investors who want to establish a business in Vietnam: Investment Registration Certificate (IRC) Foreign investors must have an investment project …
By focusing on ergonomic design, productivity enhancement, and comfort, you can create a home office space that not only supports your work but also enhances your overall well-being. Through this article, GTax will provide you with some basic information about Designing Functional Home Offices. 1. Ergonomic considerations When building a functional home office, it’s important …
