Our Tax professionals can maximize your earnings by combining a comprehensive knowledge of tax regulations and the capacity to well plan and well prepare to minimize tax risks as well as reduce your tax bills…
With more than eighteen (18) years providing services in Vietnam, our partner and staff have a long time practicing in tax services with a brilliant combination of local experiences and global knowledge. Our tax consulting professionals are dedicated to creating value-added and comprehensive tax solutions. With our custom-tailored tax options, you can save time, money, resources, and the most importantly, reduce your tax bills. Let us clear all of your unresolved tax concerns.
Tax advice on various tax issues
Despite the fact that there are common principles for the tax system, tax is a specific story which is varied across countries. In Vietnam, the taxation laws and their application are subject to interpretation and change over time as well as from one tax office to another. Understanding such barriers, our tax advice service lends you a hand:
- 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 that best suits your needs while minimising tax exposure in all jurisdictions;
- Provide consultation in your intercompany agreements which are subject to be reviewed in the event of a tax audit, and form part of the suite of transfer pricing documentation;
- Provide consultation on tax matters as your request arises during your business course in Vietnam. We also can help you identify potential tax issues in your business by conducting a deep review and offering distinctive tax solutions.
Tax planning
Tax planning is one of the most important factors when managing a company, especially when in a new market. Tax planning is a year-round process and is a separate service from tax preparation. The purpose of tax planning is to ensure tax efficiency. Through tax planning, all elements of the financial plan work together in the most possible tax-efficient manner. Reduction of tax liability and maximizing the ability to contribute to retirement plans are crucial for success.
Our team will give you an overview of the tax system in Vietnam as well as highlight the main differences between the international reporting system and Vietnam’s, analysis of a financial situation or plan from a tax perspective and suggest good tax planning.
Tax effective salary packages for expatriate and local personnel
Eighteen years of experience in Vietnam have given us the inside knowhow and skills to keep your personal income tax bills to the minimum required under the law. After developing a complete profile for each of your personnel we put together a salary package for each person which takes advantage of all exemptions and incentives available.
Filing & Compliance
Our tax filing and compliance are designed to help clients comply with complex and fast-change tax systems and let them concentrate on your core business activities. Our tax filing and compliance include:
- Indirect taxes (value-added tax, special consumable tax, import-export taxes, business registration fee) compliance, drawing up indirect tax returns;
- Direct taxes (personal income tax, corporate income tax) compliance and drawing up direct tax returns;
- Withholding tax (foreign contractor tax) compliance;
- Other local taxes compliance.
Dealing with tax authorities
The final tax position may be subject to review and investigation by a number of authorities, who are enabled by law to impose severe fines, penalties and interest charges and dealing with the tax authorities can be a daunting task. We have developed a strong relationship with the General Department of Taxation and local Tax Office personnel. We are comfortable in dealing with the tax authorities on your behalf to handle your tax concerns, register your tax code, and submit your tax returns.
Information update service
We keep you informed of changes to the Vietnamese taxation regulations as they occur and provide you with detailed advice on how these changes may affect your businesses.
Our approach
- Analyse your business, objectives, operations and markets;
- Review your current tax position;
- Research and offer practical and commercial solutions to minimise your tax exposure and meet your business objectives;
- Guide you through the whole process and ensure that our advice is correctly implemented;
- Handle the responsibility of dealing with the tax authorities;
- Alert you to the latest tax news.
