In an effort to support and promote the development of the private sector, the Vietnamese Government has issued various policies and resolutions. One of the most significant is the abolition…
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…
According to the proposed regulations, the VAT rate shall continue to be reduced by 2%, applicable to groups of goods and services currently subject to the 10% rate. This policy…
(updated Decree 181/2025/ND-CP) From July 1, 2025, according to Decree 181/2025/ND-CP, enterprises purchasing goods/services worth 5 million VND or more must pay by bank transfer to be eligible for VAT…
Receiving the Certificate of Incorporation marks an important milestone in the journey of starting a business in the UK. To ensure that your company operates legally, efficiently and grows, you…
In production and business activities, value-added invoices (VAT) are not only important documents for accounting and tax work but also a legal basis for determining financial obligations to the State.…
Whether a branch in Vietnam can issue invoices is an important matter for many businesses. To fully understand this issue, it is necessary to examine the relevant legal regulations, particularly…
Value Added Tax (VAT) is an indirect tax, calculated on the added value of goods and services arising in the process from production, circulation, to consumption. In order to stimulate…
Value-added tax is a common tax and needs to be declared and accounted in accordance with the current tax law and accounting law of Vietnam. Immediately, Viet An tax agent…
A tax identification number (TIN) is a crucial “gateway” for businesses to engage in commercial activities and fulfill tax obligations. When this “gateway” is closed, i.e., the business’s tax identification…
