The chief accountant cannot sign the authorization of the head of the enterprise on accounting vouchers.

The chief accountant cannot sign the authorization of the head of the enterprise on accounting vouchers.

During the operation of an enterprise, not only does the VAT invoice be considered as a cost document of the business, it also uses many other types of documents that constitute the expense items. Enterprises should pay attention to the current provisions of legal documents when making payments and transactions. Avoid the situation, that cost is the actual cost paid by the enterprise but does not comply with the provisions of law, leading to the expense not recognized as deductible (valid) when CIT determination.

In case you have more detailed advice, please contact us at support.client01@japanvietnam.com.vn.

Dong Du International Consulting Group HCMC, Vietnam, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to now in the Vietnam market. Currently, we have also built a team of foreign experts from Japan, Taiwan, Europe, Singapore, Thailand … to help customers inside and outside Vietnam to expand appropriate business opportunities as well as possible.

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.

Tax policy for goods imported by contractors for factory construction, equipment installation for export processing enterprises.

Tax policy for goods imported by contractors for factory construction, equipment installation for export processing enterprises.

Export processing enterprise means an enterprise located in an export processing zone, specializing in the production of consumer goods used for export to foreign markets. 100% of goods produced by export-processing enterprises must be exported to foreign countries and declared to the customs offices. In order to maximize the effectiveness of transactions with export processing enterprises or export processing zones, enterprises need to understand in detail the tariff policies related to this area.

In case you have more detailed advice, please contact us at support.client01@japanvietnam.com.vn.

Dong Du International Consulting Group HCMC, Vietnam, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to now in the Vietnam market. Currently, we have also built a team of foreign experts from Japan, Taiwan, Europe, Singapore, Thailand … to help customers inside and outside Vietnam to expand appropriate business opportunities as well as possible.

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.

Are personal income tax consultancy expenses for foreign employees allowed to be deducted?

Are personal income tax consultancy expenses for foreign employees allowed to be deducted?

Businesses that need to rent factories in Vietnam will be subject to corporate income tax. This is a tax of Vietnam on the income from production and business activities and other income of businesses such as income from the transfer of assets and property rights … To maximize business benefits In fact, businesses need to control accounting costs and appropriate corporate tax costs.

In case you have more detailed advice, please contact us at support.client01@japanvietnam.com.vn.

Dong Du International Consulting Group HCMC, Vietnam, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to now in the Vietnam market. Currently, we have also built a team of foreign experts from Japan, Taiwan, Europe, Singapore, Thailand … to help customers inside and outside Vietnam to expand appropriate business opportunities as well as possible.

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.

Personal Income Tax when selling multi-level goods?

Personal Income Tax when selling multi-level goods?

Multilevel selling is a business activity that uses a network of participants, including many levels and many branches. In particular, participants are entitled to commissions, bonuses and other economic benefits from their business results and those of other people in the network (Clause 1, Article 2 of Decree 40/2018 / ND-CP).

In case you have more detailed advice, please contact us at support.client01@japanvietnam.com.vn.

Dong Du International Consulting Group HCMC, Vietnam, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys….

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.

When selling a company in Vietnam,  how to use the correct VAT rate?

When selling a company in Vietnam, how to use the correct VAT rate?

Many people believe that any business can buy and sell. However, according to current law, only a private company can sell the whole enterprise. For a joint stock company, the main form of purchase and sale to gain control of an enterprise shall be the mode of share transfer. As for the sale and purchase of limited liability companies, the transfer of capital contribution is made in the company.

Today, the need to buy and sell businesses is increasing. This represents a dynamic economy, but businesses need to be very careful in this and necessarily discuss with lawyers who have extensive experience in legal consultancy for businesses.
In case you have detailed advices more, please contact us at support.client01@japanvietnam.com.vn.

Dong Du International Consulting Group HCMC, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys….

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.

The point to note when determining 15% of total income subject to PIT for foreigners

The point to note when determining 15% of total income subject to PIT for foreigners

Personal income tax is a direct tax on the income of each individual in society for a certain period of time (usually a year). Personal income tax is a tax of great importance in raising revenues for the budget and implementing social justice. Personal income tax is levied on both business individuals and non-business individuals. This tax is usually considered a special tax because it takes into account the circumstances of income-paying individuals through the determination of tax exemption, reduction or special exemption.

However, from the practice, the current management and declaration of personal income tax still has some limitations and objective inadequacies.

In case you have detailed advices more, please contact us at support.client01@japanvietnam.com.vn.

Dong Du International Consulting Group HCMC, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys….

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.