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Corporate compliance in Vietnam

Update Date:2023-9-28 18:00:43     Source:www.3737580.com     Views:109

Corporate compliance in Vietnam involves the following:
 Accounting and tax reporting. This includes corporate income tax, value-added tax, and personal
income tax.
 Payment of the annual business license tax. Companies must pay this starting on their second
year of business.
 Audited annual report. An independent Vietnamese auditing company must review your
financial statements at the end of each fiscal year.
 Foreign investment reports. The report must include profits, losses, and expenses throughout
the year.
 Compliance with employment laws. These include registering employees with social insurance.
You also need to make sure that all foreign employees have the necessary permits to work in
Vietnam.


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