Corporate Income Tax (CIT) is a direct tax, levied on the taxable income of businesses including income from production and trading of goods, services and other income according to the provisions of law

Forms attached to Decree No. 152/2020/ND-CP and Degree 70/2023/ND-CP related to Foreigner Labour

Here's a breakdown of the current social insurance contribution rates in Vietnam, covering Social Insurance, Health Insurance, Unemployment Insurance, and Occupational Accident and Disease Insurance:

On 18 September 2023, the Government issued Decree No. 70/2023/ND-CP (“Decree 70”) amending a number of articles of Decree No. 152/2020/ND-CP (“Decree 152”) guiding foreign Labor working in Vietnam and recruitment and management of Vietnamese Labor working for foreign employers in Vietnam. Decree 70 that took effect from 18 September...

Enclosed with the Government's Decree No. 136/2020/ND-CP dated November 24, 2020

Enclosed with the Government's Decree No. 136/2020/ND-CP dated November 24, 2020

Vietnam is a promising market for foreign businesses. The Vietnamese economy is growing rapidly, with average GDP growth of 6.8% between 2016 and 2020. The Vietnamese population is also young and dynamic, with over 70% of the population under 35.

List of countries exempted from Visa when entering Vietnam