OBLIGATION OF ENTERPRISES TO PAY TRADE UNION DUES

Question: I intend to establish a company engaging in the business of freight transport. Please advise whether an enterprise that employs workers in Vietnam is required to pay trade union dues. If so, on what basis are such trade union dues calculated, from what point in time do they arise, and what legal consequences may occur […]

Consultation on Contractor Tax

Question: Our enterprise signs a brokerage contract with a foreign organization for export purposes. Are we required to declare contractor tax? What are the deadlines for submitting contractor tax declarations, and what penalties apply for late submission? Answer: Contractor tax is a type of tax applied to foreign organizations or individuals when doing business or […]

Consultation on Sectors, Industries, and Market Access Conditions for Foreign Investors

Question: Our enterprise is a foreign-invested enterprise. I would like to ask how sectors, industries, and market access conditions for foreign investors are regulated.  Answer: Pursuant to Article 9 of the 2020 Investment Law, the regulations on sectors, industries, and market access conditions for foreign investors are as follows: 1. Foreign investors are generally subject […]

Consultation on Beneficial Owner Declaration

Question: I understand that from July 1, 2025, enterprises will be required to declare their beneficial owners. I would like to ask how the declaration of beneficial owner information of an enterprise is carried out.  Answer:                                        […]

Exemption and Reduction of Non-Agricultural Land Use Tax

Personal Income Tax Policy

On May 30, 2024, the Binh Duong Provincial Tax Department issued Official Dispatch No. 14748/CTBDU-TTHT regarding personal income tax policy. Based on Clause 2, Article

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Accounting for Fixed Assets

Accounting for Fixed Assets

On May 30, 2024, the Binh Duong Provincial Tax Department issued Official Dispatch No. 14754/CTBDU-TTHT regarding the accounting for fixed assets. Based on Circular No.

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Foreign Loan Registration

Foreign Loan Registration

Our company currently has a short-term loan from the Thailand parent company. We are considering converting this loan into a medium or long-term loan to

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