Tax Advisory

    ASTC delivers deep knowledge of tax and statutory requirements as well as a breadth of experience applying them in practice worldwide. Practical tax advice combined with our consistent tax compliance framework instils confidence that a consistent approach is followed across jurisdictions. ASTC can help you overcome your challenges:
  • Staffing shortage and lack of expertise identify and reduce Vietnamese and international tax risks;
  • Insufficient working practices and approach for setting up a tax effective structure;
  • Shortage of time resolve disagreements with tax authorities when they arise;
  • Excessive costs and lack of efficiency for managing tax accounting and reporting issues.

Tax effective structure advice

    We deeply understand that one of the biggest challenges and greatest areas of opportunity for taxpayers is how to effectively manage local and foreign taxes in a way that aligns with overall business objectives and operations. ASTC advises companies on a broad range of domestic and foreign tax matters, including understanding their global effective tax rate, the tax impacts of business structure and preparing for the impact of new and proposed regulations. Our global network helps companies implement practical strategies to better manage taxes earnings and cash flows so they can focus on growing their businesses.
    Especially, we advise the most tax effective structure for your investment in Vietnam, we work with you to consider all options for setting up the corporate structure for both newly established, restructured or post-M&A activity that best suits your needs while minimising tax exposure in all jurisdictions.

Tax issues consulting

    Considering the situation of tax laws and tax regulations of Vietnam is not consistent and not stable, along with new complicated tax issues arise continuously in the daily operation of the business. These are the major challenges that enterprises face challenges in updating and applying tax policies flexibly.

      Understanding that deeply, we have built a team of experienced tax-consultants who are capable of addressing problems and offering comprehensive and timely solutions to all types of tax in Vietnam.
      We receive your questions and tax matters directly by phone, email or meetings and will advise you promptly.
      Moreover, we also can help you identify potential tax issues in your business for a long period. This service is really suitable when you want us to help a hand to check and complete tax records. Our implementation process is as follows:
    • As the first step, we will conduct a deep review of tax books and existing documents in your company to identify gaps and tax risks that may face;
    • Not stopping there, our tax knowledge will advise you on a number of comprehensive and effective solutions to eliminate or reduce these risks to acceptable levels;
    • Finally, we will provide estimates of possible tax costs to help you get the best preparation before welcoming the inspection teams.
    • Resolve disagreements with tax authorities when they arise

        When it comes to unclear tax-related issues which require communication between you and the tax offices, we shall bridge such a gap. On your behalf, we could raise your concern in written form to seek an appropriate explanation from the tax authorities.
how can we help you?

Contact us at the ASTC office nearest to you or submit a business inquiry online.

We hired ASTC services for dealing with tax authorities. Their Knowledge, practice experience and Enthusiasm made an amazing result in reducing our tax bills.

consulting_placeholder
Kang Yong Ha
CEO, Segyung Vina Co., Ltd

An in-depth understanding of Vietnamese tax and accounting regulations and extensive experience in IFRS help us to save a lot of time in the financial due diligence and consolidation of our Vietnam subsidiary.

Prakash Pai Kochikar
Services Director, Pierian Services Pvt Ltd
Nguyen Ba Chinh
CEO
+84 93 566 1111
Hoang Van Vung
Head of Ho Chi Minh Office
+84 90 435 8307‬
  • Representative Office in Vietnam

    A Representative Office (RO) is obliged to represent the enterprise’s interests, conduct liaison activities, market research, and promotion of its head office’s businesses. ROs can help ease the execution of transactions between the overseas parent company and the local vendors. So, what to take into consideration when establishing one in Vietnam? Registration In normal practice,

    14/10/2020
    Read More
  • Corporate Income Tax in Vietnam – An Overview
    Tax

    Business activities and investments in Vietnam will be commonly imposed by the following taxes: Corporate income tax; Various withholding taxes; Capital assignment profits tax; Value added tax; Import duties; Personal income tax on Vietnamese and expatriate employees; Social insurance, unemployment insurance and health insurance contributions. In this article, an overview of Corporate income tax (“CIT”)

    09/09/2020
    Read More
  • Tax News Letter – August 2020

    In this issue: Decision 22/2020/QD-TTg cutting down on land rental Enterprises, household, individual renting land from the Government could save up 15% land rental if suspending business from 15 days and more. In case rental has been paid in full for 2020, the saving cost could be carried forward to the following years – if

    31/08/2020
    Read More
  • Tax News Letter – July 2020

    In this issue: Enterprise Law No.59/2020 takes effect from 01 January 2021 Reform administrative procedures: abolishing notice of seal, reports of changing information of company’s key titles (name, nationality, ID number…); Improve corporate governance ability: expanding rights and scope of shareholders… Investment Law No.61/2020 takes effect from 01 January 2021   Abolish 24 conditional investment

    31/07/2020
    Read More
  • Tax guide – July 2020

    In this issue: (Latest) Deadline for submiting second quater report 2020 According to Point b, Clause 1, Article 44 of the Law on Tax Administration No.38 taking effect from July 1, 2020: “The deadline for submitting a quarterly tax return is the last day of the first month of the quarter following the quarter in which tax liability

    06/07/2020
    Read More