Limited Liability Companies (LLCs) are a popular business entity choice in Vietnam due to their flexibility, ease of management, and limited liability for assets. However, immediately after completing the establishment…
On November 26, 2024, the Vietnamese National Assembly passed the Law on Value Added Tax 2024 (replacing the Law on Value Added Tax 2008). This law will take effect from…
In the context of significant socio-economic fluctuations, with increasing changes in people’s income and cost of living, adjusting personal income tax policies has become necessary to ensure fairness and alignment…
When converting from a household business to an enterprise, the newly established business will receive numerous incentives, such as those related to business registration, license fees, and corporate income tax.…
Special Consumption Tax (SCT) on soft drinks and air conditioners (AC) is an important economic tool used by countries to regulate consumption behavior and generate revenue for the state budget.…
Decree No. 117/2025/ND-CP, which takes effect on July 1, 2025, introduces several changes to the tax declaration and payment procedures for sellers on e-commerce platforms. Pursuant to the new regulations,…
Effective July 1, 2025, the Law on Value Added Tax (VAT) 2024 officially comes into force, replacing the VAT Law 2008. One of the significant changes is the mandatory bank…
Under the impact of new tax policies, corporate income tax rates in Vietnam in 2025 are expected to undergo several adjustments with a view to promoting economic development, supporting enterprises,…
In 2025, to facilitate businesses in overcoming difficulties, promoting innovation, and enhancing competitiveness, the Government issued Resolution 198/2025/QH15, stipulating numerous preferential tax policies effective from June 1, 2025. This Resolution,…
