Business expansion to or investment in Southeast Asian countries would be an excellent decision. Foreign investors looking to invest in ASEAN countries should consider Vietnam as their first place to start and run a business.
As you may know, fulfilling tax obligations is one of the mandatory and most important things to do when doing business anywhere in the world, and Vietnam is no exception. All companies in Vietnam, be it international or domestic and big, medium or small, are required to comply with the local accounting and tax regulations.
In this guidance, we show you Vietnam’s tax system structure and discuss tax rates and tax obligations, to help you get a clearer picture of registering a company in Vietnam.
This guide addresses the following questions:
- What is the Tax structure in Vietnam?
- What is corporate income tax?
- What is value added tax?
- What is personal income tax?
- What is the tax registration process in Vietnam?