Guide For Doing Business in Vietnam 2017

Mazars in Vietnam present its updated guide for anyone looking to do business in Vietnam with the latest developments in investment incentives, business structures available to foreigners, tax, labour and foreign exchange controls as well as general information about Vietnam and its economy.

The guide is intended as an overview of general topics of interest to anyone looking to do business in Vietnam including items such as investment incentives, business structures available to foreign investment, tax, labour and foreign exchange controls as well as general information about Vietnam and its economy.

“Mazars Vietnam is delighted to announce the publication of Doing Business in Vietnam 2017 which is available in digital format” comments Managing Partner Jean-Marc Deschamps.  “Whilst not intended as formal advice, this guide provides commentary on many of the issues to be addressed when considering commencing any business activity in Vietnam. This publication is another step in our continuous work to support foreign investment in Vietnam and to provide transparent information to prospective investor or already established businesses. Producing this is a great example of our multi-disciplinary teams working together to create a seamless and useful publication.”

Doing Business in Vietnam 2017 has been prepared for the assistance of those interested in doing business in Vietnam. It does not cover exhaustively the subjects it treats, but it is intended to answer some of the important broad questions that may arise. When specific issues arise in practice, it will often be necessary to consider the relevant laws and regulations and to obtain appropriate professional advice.

The full guide in English is available for downloads as below.

Want to know more?

Newsletter issues

July TP Alert cover

Decree 68 on the deductibility of interest expense

On 24 June 2020, the Government issued Decree No. 68/2020/NĐ-CP ("Decree 68") amending Clause 3, Article 8 of Decree No. 20/2017/ND-CP (“Decree 20”) with regard to the deductibility of interest expenses incurred by companies having related-party transactions. Following up, on 14 July 2020, the Ministry of Finance issued Official Letter No. 2835/TCT-TTKT ("OL 2835") providing further guidance on the application of Decree 68.

July newsletter cover

Mazars in Vietnam Newsletter - Issue July 2020

We would like to bring you tax and legal updates for July 2020 with the following highlights influencing the corporate operations and payroll activities:

July Alert cover

Tax Alert - CIT Reduction for the fiscal year 2020

On 19 June 2020, The National Assembly approved Resolution 116/2020/QH14 on the reduction of Corporate Income Tax ("CIT") for the fiscal year of 2020 for enterprises, co-operatives, public services organizations, and other organizations.

July cover

Tax Alert - July 2020

On 03 July 2020, Ministry of Information and Communications issued Circular No.13/2020/TT-BTTTT ("Circular 13") providing new regulations on determination of software production activities to be eligible for Corporate Income Tax ("CIT") incentives.

Customs Alert 2_cover

Customs Alert - June 2020

On 09th June 2020, General Department of Customs issued Official Letter No. 3778/TCHQ-GSQL (“OL”), providing new guidelines on the verification procedure of EPEs’ capability to satisfy Customs Inspection & Supervision Conditions