Know how to Setup & Plan Your Corporate Income Taxes in Vietnam

Corporate income tax laws and compliance in Vietnam are often complex and time-consuming, and the regulations change quite frequently due to the fact that Vietnam is still developing its economy. Several lodgments may be required on an annual or quarterly basis based on your company’s industry, size and invoicing amount. Read More About Cekindo’s Corporate … Continued

5 Challenges of Accounting and Tax Compliance in Vietnam

Constant changes and ever-increasing complexity to the taxation system as well as technology adoption in Vietnam results in challenges for modern accounting and tax compliance when doing business in Vietnam. Although these processes are slowly improving and becoming easier to navigate, it still requires specific local knowledge of taxes and an updated knowledge base on … Continued

Navigating Annual Tax Returns (Tax Finalization) in Vietnam (Update)

This article has been updated to reflect the annual tax return, known in Vietnam as “Tax Finalization” for complete accuracy. In this article, we will refer to Annual Tax Return as Tax Finalization.  If you are still confused and wonder how to go about this time-consuming task of navigating and understanding Vietnam’s annual tax returns … Continued

Tax Guide for Businesses and Individuals in Vietnam

Regardless of where you live and work, you must file for taxes everywhere in the world including Vietnam. Vietnam is a very popular destination for expatriates from all over the world with diverse nationalities. As such, most foreigners in Vietnam are obliged to pay taxes as well. Find out how Cekindo’s Corporate Tax & Compliance … Continued

Upcoming Deadlines for Tax Reporting and Corporate Compliance in Vietnam

Vietnam has seen a remarkable rise in the number of new businesses registered in recent years. Especially, in July 2023, the entire country witnessed the establishment of 13.7 thousand new businesses with a registered capital of nearly VND 126.9 trillion. Compared to the same period last year, this represents an increase of 4.3% in the … Continued

Tax Incentives in Vietnam: A Comprehensive Guide for Foreign Companies

As Vietnam presents a more and more open economy in order to attract foreign investment, the government has created some interesting tax incentives. These include paying no taxes for a certain period of the initial establishment in the country, involving tech-based industries, and investing in underdeveloped geographical areas of the country. Understanding and applying for … Continued

5 Common Agreements that Every Business in Vietnam Needs to Know

In the multifaceted landscape of business transactions and activities in Vietnam, safeguarding the rights of investors is paramount. Vietnam’s business environment is a complex web of diverse dealings, each with its unique characteristics. In this context, common agreements and contracts play a pivotal role in establishing legal frameworks to uphold the interests and responsibilities of … Continued

Accounting Outsourcing Service in Vietnam: The Pros and Cons

Accounting tasks hold a vital position within a business, thus they need to be held sufficiently in order to sustain the company. Handling accounting services can be a challenging task because there are so many things to consider, such as managing payroll, accounts receivable, and accounts payable. Therefore, the perfect solution to focus on the … Continued