Vietnam corporate income tax (CIT) is charged at a standard rate of 20% on taxable profit. Smaller companies can pay 15% or 17%, depending on the previous year's revenue. Qualifying investment projects can get lower rates and tax holidays. Foreign-invested companies are set up under Vietnamese law, so they file and pay CIT like any other Vietnamese company. This guide explains the current rates, incentives, deductible costs, loss rules and filing deadlines under the 2025 CIT
Vietnam corporate income tax (CIT) is charged at a standard rate of 20% on taxable profit. Smaller companies can pay 15% or 17%, depending on the previous year's revenue. Qualifying investment projects can get lower rates and tax holidays. Foreign-invested companies are set up under Vietnamese law, so they file and pay CIT like any other Vietnamese company. This guide explains the current rates, incentives, deductible costs, loss rules and filing deadlines under the 2025 CIT
Most Vietnam tax deadlines 2027 follow a simple pattern. Monthly returns are due by the 20th of the next month. Quarterly returns and provisional corporate income tax (CIT) payments are due by the last day of the first month of the next quarter. For a calendar-year company, the big annual date is 31 March 2027, when the CIT finalization, the employer's PIT finalization and the 2026 financial statements are all due. This guide lists the recurring deadlines, the 2027 dates by m
A Hong Kong "certificate of good standing" is officially called a Certificate of Continuing Registration (CCR). The Companies Registry issues it for HK$170 for a live local company. For use in Vietnam, the certificate now normally needs an apostille from the Hong Kong High Court, because the Apostille Convention entered into force for Vietnam on 11 September 2026. In Vietnam, it then needs a notarised Vietnamese translation before it goes into an investment or enterprise regi
When founders compare Vietnam vs Singapore for business, the honest answer is that the two countries do different jobs. Singapore offers a 17% headline corporate tax rate, a fast online registration and a strong base for holding, finance and regional management. Vietnam offers a large workforce at a much lower wage level, a growing domestic market and a 20% standard corporate tax rate, with lower rates for small companies. Many Singapore groups use both: a Singapore holding c
Foreign investors in Vietnam usually choose between four structures: a single-member limited liability company (LLC), a multi-member LLC, a joint stock company (JSC), or a non-company presence such as a representative office or branch. Most foreign-owned businesses start as a single-member LLC because it is simple to run and can be 100% foreign-owned in most sectors. A JSC suits companies that plan to raise capital or bring in many shareholders, while a representative office
A foreign investor setting up a new company in Vietnam usually needs two licences. The Investment Registration Certificate (IRC) approves the investment project: what you will do, where, with how much capital and on what schedule. The Enterprise Registration Certificate (ERC) creates the company as a legal entity and gives it an enterprise code that is also its tax code. Under the Law on Investment 2025, effective 1 March 2026, a foreign investor can now obtain the ERC first,
A 13th month salary is not required by Vietnamese law. Under Article 104 of the Labour Code 2019, bonuses, including a Tet bonus, are decided by the employer based on business results and each employee's performance. However, once a 13th month salary or Tet bonus is promised in an employment contract, collective agreement or bonus policy, the employer must pay it. Tet bonuses are taxable employment income, and they are usually paid in the weeks before Lunar New Year, which fa
A 13th month salary is not required by Vietnamese law. Under Article 104 of the Labour Code 2019, bonuses, including a Tet bonus, are decided by the employer based on business results and each employee's performance. However, once a 13th month salary or Tet bonus is promised in an employment contract, collective agreement or bonus policy, the employer must pay it. Tet bonuses are taxable employment income, and they are usually paid in the weeks before Lunar New Year, which fa
Vietnam market entry requirements depend on what your business plans to do. A US company may sell through a Vietnam-based importer or distributor without establishing a local company. It may consider a representative office for permitted market research and liaison activities. If it plans to run its own operations in Vietnam, it should assess an appropriate company or investment structure. Start by identifying who will contract, import, invoice, employ and obtain the required
Vietnam FDI statistics for January–September 2026 show USD 50.36 billion in registered foreign investment and an estimated USD 21.07 billion in disbursed FDI. Registered investment measures new commitments, increases to existing projects, and foreign capital contributions or share purchases. Disbursed FDI measures investment implemented during the period. The two figures answer different questions and should not be treated as money committed and then fully paid out by the sam
A Vietnam work visa addresses a foreign employee’s immigration status. LĐ1 relates to a work-permit exemption; LĐ2 relates to work for which a permit is required. Neither visa category replaces the need to establish the person’s right to work. Employers should assess the actual job, labour documents, sponsor, and length of stay before preparing a visa application. What Is a Vietnam Work Visa? Three different documents answer different questions: Document Main question it answ
A foreign investor can acquire a business in Vietnam by buying shares or capital, purchasing selected assets, or completing a merger. The suitable route depends on the business being acquired, its liabilities, foreign investment conditions, and the requirements triggered by that specific transaction. Before making an offer, map the parties, ownership percentages, activities, assets, and intended payment route. What Are the Main Ways to Acquire a Business in Vietnam? Structure
A foreign business can apply to register a trademark in Vietnam without first establishing a Vietnamese company. It must choose the appropriate applicant and filing route, and may need to act through an authorised industrial property representative in Vietnam. The process is check the mark → choose goods and services → prepare and file → examination → decision. A trademark already registered in Hong Kong does not automatically receive protection in Vietnam. What Does Trademar
A Hong Kong "certificate of good standing" is officially called a Certificate of Continuing Registration (CCR). The Companies Registry issues it for HK$170 for a live local company. For use in Vietnam, the certificate now normally needs an apostille from the Hong Kong High Court, because the Apostille Convention entered into force for Vietnam on 11 September 2026. In Vietnam, it then needs a notarised Vietnamese translation before it goes into an investment or enterprise regi
A Hong Kong "certificate of good standing" is officially called a Certificate of Continuing Registration (CCR). The Companies Registry issues it for HK$170 for a live local company. For use in Vietnam, the certificate now normally needs an apostille from the Hong Kong High Court, because the Apostille Convention entered into force for Vietnam on 11 September 2026. In Vietnam, it then needs a notarised Vietnamese translation before it goes into an investment or enterprise regi
When founders compare Vietnam vs Singapore for business, the honest answer is that the two countries do different jobs. Singapore offers a 17% headline corporate tax rate, a fast online registration and a strong base for holding, finance and regional management. Vietnam offers a large workforce at a much lower wage level, a growing domestic market and a 20% standard corporate tax rate, with lower rates for small companies. Many Singapore groups use both: a Singapore holding c
Foreign investors in Vietnam usually choose between four structures: a single-member limited liability company (LLC), a multi-member LLC, a joint stock company (JSC), or a non-company presence such as a representative office or branch. Most foreign-owned businesses start as a single-member LLC because it is simple to run and can be 100% foreign-owned in most sectors. A JSC suits companies that plan to raise capital or bring in many shareholders, while a representative office
A foreign investor setting up a new company in Vietnam usually needs two licences. The Investment Registration Certificate (IRC) approves the investment project: what you will do, where, with how much capital and on what schedule. The Enterprise Registration Certificate (ERC) creates the company as a legal entity and gives it an enterprise code that is also its tax code. Under the Law on Investment 2025, effective 1 March 2026, a foreign investor can now obtain the ERC first,
Doing business in Vietnam involves more than just initial market entry. Once established, companies must manage a steady stream of contracts, internal approvals, corporate changes, and recurring compliance requirements. Once established, companies must manage a steady stream of contracts, internal approvals, corporate changes, and recurring compliance requirements. Without the right legal support for businesses in Vietnam, these administrative and regulatory tasks can quickly
Establishing a legal presence in Vietnam begins with one foundational step: completing formal business name registration before conducting any commercial activity. For foreign investors and FDI companies entering one of Southeast Asia's most dynamic markets, this process sets the legal and operational foundation for everything that follows, from opening bank accounts to signing supplier contracts and applying for sector-specific licenses.
Vietnam corporate income tax (CIT) is charged at a standard rate of 20% on taxable profit. Smaller companies can pay 15% or 17%, depending on the previous year's revenue. Qualifying investment projects can get lower rates and tax holidays. Foreign-invested companies are set up under Vietnamese law, so they file and pay CIT like any other Vietnamese company. This guide explains the current rates, incentives, deductible costs, loss rules and filing deadlines under the 2025 CIT
Vietnam corporate income tax (CIT) is charged at a standard rate of 20% on taxable profit. Smaller companies can pay 15% or 17%, depending on the previous year's revenue. Qualifying investment projects can get lower rates and tax holidays. Foreign-invested companies are set up under Vietnamese law, so they file and pay CIT like any other Vietnamese company. This guide explains the current rates, incentives, deductible costs, loss rules and filing deadlines under the 2025 CIT
Most Vietnam tax deadlines 2027 follow a simple pattern. Monthly returns are due by the 20th of the next month. Quarterly returns and provisional corporate income tax (CIT) payments are due by the last day of the first month of the next quarter. For a calendar-year company, the big annual date is 31 March 2027, when the CIT finalization, the employer's PIT finalization and the 2026 financial statements are all due. This guide lists the recurring deadlines, the 2027 dates by m
Running payroll in Vietnam means paying at least the regional minimum wage, withholding personal income tax (PIT), paying compulsory social, health and unemployment insurance, and filing on time every month. In 2026, employers pay about 21.5% of a Vietnamese employee's insurable salary in compulsory insurance (about 20.5% for eligible foreign employees), on top of gross pay. Residents are taxed on a new five-bracket PIT table from 5% to 35%, with a personal deduction of VND 1
As of November 2026, most goods made in Vietnam and imported into the United States pay an additional 12.5% tariff under Section 301 of the Trade Act of 1974, on top of the normal US import duty for the product (EY, 24 July 2026; Vietnam Briefing, 26 July 2026). This rate took effect on 24 July 2026. The 20% "reciprocal" tariff that applied from August 2025 is no longer collected, because the US Supreme Court ruled on 20 February 2026 that the emergency-powers law used to imp
In most manufacturing and trading companies, the warehouse belongs to operations. Accounting books whatever the warehouse sends up, and the closing balance is whatever the system says it is. This arrangement works smoothly right up until a tax inspection team sits down and asks for three things at once: the stocktake minutes, the detailed inventory ledger, and a reconciliation between raw material consumption and finished output. When those three sets of numbers do not agree,
Vietnam tax compliance in 2026 entered a new phase on 1 July, when Decree 252/2026/ND-CP took effect as the implementing framework for the Law on Tax Administration 2025 (Law No. 108/2025/QH15). Issued on 30 June 2026, the decree replaced five earlier instruments and rewrote the operating rules for registration, filing, refunds, enforcement and cross-border digital trade. For foreign-invested enterprises, the headline is not the volume of new rules. It is the shift in how the
Employees in Vietnam are entitled to 12 paid public holiday days in 2027: the 11 days set by the Labour Code plus Vietnam Culture Day on 24 November, which became a paid day off from 2026. Tet 2027 (Lunar New Year) falls on Saturday, 6 February 2027. The Ministry of Home Affairs has confirmed a seven-day Tet break from 4 to 10 February 2027 for the public sector. Private employers choose one of three statutory options and must tell staff their schedule at least 30 days in adv
Employees in Vietnam are entitled to 12 paid public holiday days in 2027: the 11 days set by the Labour Code plus Vietnam Culture Day on 24 November, which became a paid day off from 2026. Tet 2027 (Lunar New Year) falls on Saturday, 6 February 2027. The Ministry of Home Affairs has confirmed a seven-day Tet break from 4 to 10 February 2027 for the public sector. Private employers choose one of three statutory options and must tell staff their schedule at least 30 days in adv
This Vietnam Tax News 2026 roundup covers the updates foreign businesses should review now: a conditional corporate income tax reduction, 2026 payroll tax rules, VAT deductions, electronic invoices and tax administration. Start with the transactions your Vietnam operation actually makes, then check each rule’s effective date and assign someone to implement it. The guidance proposed for the newest corporate tax reduction is still a draft. Latest Vietnam Tax News 2026 at a Glan
Is Vietnam Business-Friendly for Foreign Companies? Vietnam can be an attractive market for foreign companies seeking customers, employees or a place in regional supply chains. Its suitability depends on the business model: an exporter working through a distributor faces different requirements from a company opening a factory or selling directly to consumers. Assess the opportunity alongside the market access, licensing and operating costs of your specific activity. Each pote
Vietnam working culture is the set of everyday practices through which people communicate, collaborate, make decisions and manage work in a particular workplace. National context may influence expectations, but it cannot tell a manager how an individual employee or team prefers to work. Why Workplace Practices Vary Across Vietnamese Companies A locally owned business and a foreign-invested company may use different reporting lines. An office team coordinating international pr
Vietnam has expanded the role of the VNeID account in electronic transactions under Decree No. 320/2026/ND-CP. Effective from September 28, 2026, the new framework requires specified electronic transaction accounts to be linked and authenticated with an appropriate electronic identification account. The change is relevant not only to individual users. Foreign-invested companies may also need to review the accounts they use for banking, e-commerce, electronic invoicing, teleco
Vietnam has solidified its position as a global manufacturing and service hub, witnessing a historic 297,500 new market entrants in 2025 . However, for foreign investors looking into Vietnam company incorporation or a large-scale factory setup, the practical reality of doing business depends entirely on the province you choose. Furthermore, market sentiment remains highly bullish, with 85.7% of surveyed enterprises stating they plan to maintain or expand their operations in t
The Vietnamese market is home to about 102.3 million people and produced a GDP of about US$514 billion in 2025, or roughly US$5,026 per person, according to Vietnam's National Statistics Office (NSO). The economy grew 8.02% in 2025 and 9.01% in the first nine months of 2026. Household demand is rising with incomes, and the digital economy reached an estimated US$39 billion in 2025. For foreign companies, the main questions are which customers to target and which entry route f
The Vietnamese market is home to about 102.3 million people and produced a GDP of about US$514 billion in 2025, or roughly US$5,026 per person, according to Vietnam's National Statistics Office (NSO). The economy grew 8.02% in 2025 and 9.01% in the first nine months of 2026. Household demand is rising with incomes, and the digital economy reached an estimated US$39 billion in 2025. For foreign companies, the main questions are which customers to target and which entry route f
Selecting effective business names represents foundational business decisions affecting brand recognition, customer memorability, and long-term market positioning. Entrepreneurs establishing Vietnam operations encounter unique naming challenges requiring understanding both international branding principles and local regulatory requirements.
For businesses and investors monitoring economic conditions affecting operational performance and investment decisions, understanding economic indicator timing and data sources proves essential for informed strategy development.
Understanding a country's economic performance is crucial for investors, entrepreneurs, and policy makers making strategic decisions in global markets. Whether you're entering Vietnam's fast-growing economy, expanding in Hong Kong, evaluating opportunities in the United States, or exploring the United Kingdom, mastering economic performance metrics and indicators helps you accurately gauge market potential, risks, and growth prospects.
Understanding the definition of money in economics proves essential for anyone engaging in business operations, financial planning, or investment decisions. Despite encountering definition of money macroeconomics frequently, many people struggle articulating precisely what money definition economics encompasses beyond recognizing physical currency.
For Taiwan enterprises establishing operations in Vietnam, understanding economic factors affecting business represents essential strategic intelligence informing operational decisions and financial planning. Vietnam's dynamic economy operates within macroeconomic frameworks combining government policy, market dynamics, and global trade relationships that directly impact business profitability and expansion timelines.
Since diplomatic normalization in 1995, Vietnam US trade and investment ties have moved from a modest starting point to one of the most dynamic economic relationships in the Indo-Pacific. The upgrade of the relationship to a Comprehensive Strategic Partnership in 2023 signaled that both sides see each other as long-term, strategic partners in trade, technology, and supply-chain resilience. By late 2025, the United States had firmly remained Vietnam’s largest export market, w
Since diplomatic normalization in 1995, Vietnam US trade and investment ties have moved from a modest starting point to one of the most dynamic economic relationships in the Indo-Pacific. The upgrade of the relationship to a Comprehensive Strategic Partnership in 2023 signaled that both sides see each other as long-term, strategic partners in trade, technology, and supply-chain resilience. By late 2025, the United States had firmly remained Vietnam’s largest export market, w
Vietnam’s digital economy is no longer “emerging”—it is scaling fast, getting tougher, and becoming more regulated by the month. The Vietnam e-commerce market 2025 is projected to hit US$26–28 billion in online retail, backed by young consumers, rising incomes, and aggressive platform investment. But growth doesn’t automatically mean easy wins. Competition is turning into a subsidy-driven battlefield, logistics costs are rising, and policymakers are moving toward stricter c
Vietnam has become one of Asia’s most attractive destinations for manufacturing, sourcing and consumer sales. But for many foreign businesses, the first real obstacle appears at the border: complex customs rules, strict licensing requirements, and the need for a local legal entity to import goods. If you don’t yet have a company in Vietnam, or you’re only shipping small volumes, setting everything up just to bring in a few shipments can feel excessive. That is where an Import
The tourism industries have transformed into essential drivers of international cooperation, reshaping how countries connect and celebrate their cultural heritage. In today's interconnected world, distinctive tourism industries serve as vital conduits between different societies, while exchanges tourism industries create substantial value that extends beyond simple border crossings.
The tourism industry has become one of the world’s most influential economic engines. According to UN Tourism , global tourism industries account for more than 10 percent of global GDP and sustain over 350 million jobs. Under the Tourism Satellite Account (TSA) framework, each component of the tourism industry — from accommodation to transport — is measured by its direct contribution to visitor spending, employment, and growth. Vietnam’s tourism industry now ranks among Asi
The landscape of global industries is undergoing unprecedented transformation as the green transition reshapes manufacturing, trade, and investment patterns worldwide. Climate imperatives, regulatory pressures, and evolving consumer expectations are driving industries across all sectors toward sustainable practices. This shift represents not merely environmental compliance but a fundamental reimagining of how global industries operate, compete, and create value. Record rene
For Singapore businesses establishing operations in Vietnam, understanding articles of incorporation requirements separates smooth market entry from bureaucratic complications. Articles of incorporation requirements directly determine operational legality, investment eligibility, and compliance standing throughout your Vietnam venture.
Seeking legal counsel represents a strategic business decision, not merely an option for large enterprises facing litigation. Whether you're a foreign investor from Hong Kong, Singapore, the United States, or the United Kingdom establishing Vietnam operations, or a domestic entrepreneur launching your startup, understanding when and why to seek legal counsel determines operational legitimacy and growth sustainability.
Establishing a legitimate business requires navigating complex legal documentation, with the incorporation certificate representing the most critical document confirming your company's official existence and legal standing. Whether launching operations in Vietnam, Hong Kong, the United States, or the United Kingdom, understanding how to get incorporation certificate, assembling required documentation, and following proper procedures ensures smooth business establishment.
Every startup founder reaches pivotal moments requiring legal clarity. Whether you're establishing operations in Vietnam, Hong Kong, the United States, or the United Kingdom, knowing how to ask legal questions determines whether you receive actionable guidance or generic responses. Many entrepreneurs delay critical inquiries or phrase questions poorly, resulting in incomplete information and costly missteps.
Every successful business begins with a critical legal moment: transforming an entrepreneurial vision into an officially recognized entity. The charter certificate of incorporation is the foundational document that makes this transformation possible. Whether you're launching a startup in Vietnam, registering a company in the United States, establishing operations in Hong Kong, or expanding into the United Kingdom, understanding this document is essential to legitimate busines
When starting a business, especially if you're expanding internationally or investing in markets like Vietnam, choosing between an LLC (Limited Liability Company) and an Inc (typically a C-Corporation) is one of the most important structural decisions you will make. Both forms provide limited liability protection, separating your personal assets from business debts and lawsuits, but they differ significantly in taxation, management flexibility, ownership rules, and scalabilit
Ready to transform your business vision into a legitimate legal entity with liability protection and credibility? Starting a corporation represents the moment when your entrepreneurial ambition becomes officially recognized. Whether you're a Vietnam-based investor establishing your operations or a founder seeking professional legitimacy, understanding corporation formation fundamentals determines your success trajectory. Are you ready to turn your business idea into a powerfu
Seeking the ideal business structure balancing protection with operational simplicity? A limited liability company offers precisely this combination shielding personal assets while maintaining management flexibility that rigid corporate structures cannot provide. For entrepreneurs and foreign investors entering competitive markets like Vietnam, this balance becomes strategically essential. The standout feature is shareholder liability protection (or member liability protectio
The circular economy represents a transformative shift from traditional "take-make-dispose" linear models toward regenerative systems where materials never become waste and nature continuously regenerates. As global challenges intensify climate change, biodiversity loss, resource depletion, this systemic framework offers comprehensive solutions benefiting the environment, economy, and society. Vietnam's January 2025 National Action Plan for Circular Economy Implementation unt
Starting a business in Vietnam and wondering what incorporated company meaning really entails? Understanding this fundamental business structure could determine your success, protect your personal assets, and unlock growth opportunities you didn't know existed. This structure facilitates business growth by enabling easier capital raising through shares, enhancing credibility, and supporting scalability for long-term success. In Vietnam’s fast-growing economy, boosted by FTA
Vietnam's foreign direct investment registrations soared to $31.52 billion in the first 10 months of 2025, reflecting a 15.6% year-over-year gain, with actual capital inflows hitting a record $21.3 billion predominantly in manufacturing, which captured 62.5% or $16.37 billion. As trade deals like EVFTA and CPTPP fuel this momentum, drawing enterprises from Singapore, the US, and Europe, the complexities of sector restrictions, licensing, and State Bank of Vietnam approvals ha
Vietnam's foreign direct investment momentum shows no signs of fading as 2025 nears its close, with registrations climbing 15.6% to $31.52 billion in the first 10 months and disbursements hitting a record $21.3 billion driven by manufacturing's 62.5% share of $16.37 billion. Trade pacts like EVFTA and CPTPP are pulling in firms from Singapore, the US, and Europe, yet navigating ownership caps, licensing hurdles, and State Securities Commission filings remains a mine field.
Vietnam wrapped up the first ten months of 2025 with $31.52 billion in registered FDI (up 15.6 % YoY) and a record $21.3 billion actually disbursed. For the vast majority of foreign investors, overseas Vietnamese, and young founders from foreign, the fastest, most practical way to enter this market is to incorporate LLC (Limited Liability Company). This fully updated guide focuses exactly on what you asked for: the real-world process to Incorporate LLC in Vietnam today, the