Personal income tax is a tax calculated on an individual’s income sources earned from business activities and other sources such as salaries and wages paid by employers, from capital investments, capital transfer, real estate transfer, prize-winning, copyright, and inheritance gifts. Regardless of Vietnamese or foreigners, depending on residence status, and income level, an individual may have to pay from 5% to 35% of the income earned… Among them, income from salary and wages is the most common and also has the most detailed regulations.
VIVA Business Consulting is offering free counsel and supporting to foreign investors and chief of representative office in Vietnam. Under our management, the any of your local required compliance procedures shall be reviewed and managed properly:
Manage your personal income tax and tax planning
- Taxable incomes and tax exemption, methods of tax declaration and payment.
- Review and identify your sources of incomes, and tax deduction to avoid potential violations that may impact to your good standing.
- Calculate tour tax payable amount and compulsory insurances in lawful and optimal manners.
- Review your tax reports and annual final settlement, apply for insurance benefits and avoid double tax payments according to the tax agreements.
- Representative on behalf to manage and settle any query or requirements from the local competent state agencies.
ABOUT VIVA BUSINESS CONSULTING
The local expert for local business procedures in Vietnam since 2006
VIVA is the famous expert in Vietnam market entry procedures, tax management, employment relations, corporate finance and local business procedures at local competent state agencies.
VIVA focuses on business compliance, since 2006, we keep supporting local and FDI enterprises in fully complying with local business laws and regulations, in effective and optimal ways, identifying and preventing most of the common risks in advance.
VIVA BUSINESS CONSULTING, the one-stop solution for foreign investors and experts in Vietnam about the required business compliance procedures, based on our unique combination of local expertise and global experiences. Our staying power is thanks to our deep insights, and consistent backgrounds and practice in local business laws and regulations.
VIVA is proudly a 100% Vietnamese consulting company and has been chosen by thousands of investors and FDI companies as their confident partner and successful business in Vietnam. We are still here, since 2006 because of our thousands of satisfied clients and our employees. Our staying power is a testament to the professional resources, and so much more.
VIVA not only manage business required procedures by laws but firstly places client’s compliance and good standing, in the optimal methods when offering any solution, and integrated with our intensive resources that allow us to prevent most of the risks in advance, create more benefits, advantages and business inspiration for entrepreneurs.
The insights and consistent backgrounds in Business Laws – Accounting and Corporate Finance – Tax Management – Labor Relations and Payroll – Serectarial and consistent with our exclusive standard operation processes, consisting of consultation – implementation – pratice operation help us fully protect client interests as one-stop solution.
- An email and a phone call from us
- A copy of our Confidentiality Commitment
- An appointment with our experts
- A suitable solution for your concern
“If you ask any successful businessperson, they will always have had a great mentor at some point along the road.”
Richard Branson
Other compliance procedures for Investor, legal REP and chief REP in Vietnam
- Other local procedures for foreigners in Vietnam
- Manage your work permit in Vietnam
- Manage and participate in the compulsory insurances
- Professional employee profile and establish local employment relations
Read more:
- Foreign investor & Legal REP & chief REP in Vietnam: manage the local required records and procedures
- Compulsory social insurance for foreign employees: new regulations from 2022
- Chief of representative office or head of branch in Vietnam: role and responsibility
- Temporary residence card in Vietnam: what you need to know
- Investment visa in Vietnam: type and time limits
- Managing labor relations for expats in Vietnam
- Work permit in Vietnam: regulations and guidance
- Expats in Vietnam: work permit exemption – revocation
- Investment in Vietnam: market entry procedures
- Foreigner working in Vietnam: Optimize payable amount of personal income tax
- Foreigner working in Vietnam: Managing labor relations