PERSONAL INCOME TAX IN VIETNAM

ONE STOP SOLUTION FOR THE COMPLIANCES

One stop solution service that helps managing and planning personal income tax in Vietnam:

1. Determine types of taxable income and lawful business documents.

2. Determine tax declaration methods.

3. Prepare tax files and submit tax reports.

4. Payment and annual settlement.

5. Tax refunds, tax offsets.

6. Request for tax completion certificates.

Since 2006, VIVA Business Consulting has specialized in providing tax procedure services, especially personal income tax management for foreign employees and investors in Vietnam.

LAWS, DECREES, CIRCULARS GUIDING THE IMPLEMENTATION OF THE LAW ON PERSONAL INCOME TAX EFFECTIVE UNTIL 2024

As of the end of 2024, no new regulations on personal income tax have been added, accordingly, the following regulations will continue to apply:

Personal Income Tax Laws currently effective until 2024:

• Law on Personal Income Tax 2007.
• Law on Amending Tax Laws 2014.
• Law on Amending Personal Income Tax 2012.
• Resolution 954/2020/UBTVQH14 on adjusting the family deduction level of personal income tax issued by the Standing Committee of the National Assembly.

Decrees and Circulars guiding the implementation of the Law on Personal Income Tax currently effective until 2024:

• Decree 91/2014/ND-CP amending Decrees regulating tax.
• Decree 12/2015/ND-CP guiding the Law amending and supplementing a number of articles of the Laws on Taxes and amending and supplementing a number of articles of the Decrees on Taxes.
• Decree 65/2013/ND-CP guiding the Law on Personal Income Tax and the Law amending and supplementing a number of articles of the Law on Personal Income Tax.
• Circular 92/2015/TT-BTC guiding the implementation of value added tax and personal income tax for resident individuals with business activities; guiding the implementation of a number of amendments and supplements to personal income tax stipulated in the Law amending and supplementing a number of articles of the Laws on Taxes 71/2014/QH13 and Decree 12/2015/ND-CP detailing the implementation of the Law amending and supplementing a number of articles of the Laws on Taxes and amending and supplementing a number of articles of the Decrees on Taxes issued by the Minister of Finance.
• Circular 151/2014/TT-BTC guiding the implementation of Decree 91/2014/ND-CP amending and supplementing a number of articles of the Decree on tax issued by the Minister of Finance.
• Circular 119/2014/TT-BTC amending Circulars 156/2013/TT-BTC, 111/2013/TT-BTC, 219/2013/TT-BTC, 08/2013/TT-BTC, 85/2011/TT-BTC, 39/2014/TT-BTC and 78/2014/TT-BTC to reform and simplify tax administrative procedures issued by the Minister of Finance.
• Circular 111/2013/TT-BTC Guiding the Law on Personal Income Tax and Decree 65/2013/ND-CP issued by the Minister of Finance.
• Circular 20/2010/TT-BTC guiding administrative procedures on personal income tax issued by the Ministry of Finance.
• Directive 22/2008/CT-TTg implementing the Law on personal income tax issued by the Prime Minister.

Read more:

• Annual Personal Income Tax for Foreign Employees in Vietnam
• Personal income tax in Vietnam – 10 types of taxable income and tax rates
• Optimize payable amount of personal income tax
• Foreign investor, legal rep and chief rep in Vietnam – The local procedures in Vietnam | manage your personal income tax and tax planning
• Personal income tax for foreign investors – managers – experts in Vietnam
• Expats in vietnam – managing labor relations
• Taxable income and methods of declaration for expats – Personal income tax in Vietnam
• Personal income tax in Vietnam – notes on your annual personal income tax settlement
• Taxable incomes from wages and remunerations
• Personal income tax for foreign employees – methods of declaration and payable amount