All posts by b@pca-cs.com
Should I declare/deduct/notarize the lease contract of my office?
Declared yes but kindly remember for the rent to be deductible, there are 5 conditions: company or branch must be registered at the address...
What are the common taxes in Vietnam?
VAT: 10% for most commodities 5% for fresh food 0% for software CIT: 20% Import tax and duties: depends on the HS Foreign Contractor...
What is the difference between the Foreign Direct Investment (FDI) and the Mergers & Acquisitions (M&A) when it comes to company incorporation?
The main accepted difference resides in the methodology. The FDI method also called the direct incorporation is known to be more demanding in terms...
Should I use a nominee Vietnamese to own my company to make things easier?
The answer is : why would you do anything like it? Vietnam has prepared a legal framework that helps foreign investors getting into business...
Should I be physically in Vietnam to open a Company here?
No! definitely not. For all procedures (incorporation and bank account opening), we can use Power of Attorney to represent you. There will be some...
I want to open a shop to sell my goods? Is that alright?
[UPDATED ON 15/11/2020] In Vietnam when you are a Foreigner, it is easy to open and office to host your activities but opening a...
How can I check if my company is well registered and who is the legal representative?
Nothing easier! Follow this link https://dangkykinhdoanh.gov.vn/ and insert the tax number or the name of the company in the search field on the top...
How often do I have to report VAT in Vietnam and can I do it myself?
In Vietnam, accounting must be hand over together with a few others reports quarterly (VAT, CIT, usage of VAT invoice, etc.). Unfortunately, unless you...
Should I have the account of my company audited?
[UPDATED 01/12/2020] Any companies with foreign capital, even the slightest, must be audited once yearly by a Certified Public Accountant (CPA). PCA Company Services...
