Author Archives: Á Châu Admin

Complete guide to Foreign Contractor Tax (FCT) in Vietnam for FDI companies. FCT rates, withholding obligations, double tax agreements, PE risk, and compli

Step-by-step guide to company setup and business licensing in Vietnam for foreign investors. ERC/IRC process, capital requirements, Resolution 10-NQ/TW upd

Complete 2026 guide to transfer pricing compliance in Vietnam under Decree 132/2020/ND-CP. Documentation requirements, 30% EBITDA cap, APAs, penalties, and audit triggers for FDI enterprises.

Complete 2026 guide to payroll, social insurance (SI/HI/UI), and PIT for foreign enterprises in Vietnam. Contribution rates, ceilings, registration steps, expat rules, and compliance pitfalls.

Introduction: Why E-Invoice Compliance Matters for Your Vietnam Business If your company operates in Vietnam, you’ve likely heard about the government’s mandatory transition to electronic invoices (hóa đơn điện tử). What began as a phased rollout under Decree No. 123/2020/NĐ-CP has now become a non-negotiable compliance requirement for virtually every enterprise in the country — […]

For any foreign business operating in Vietnam, understanding Vietnamese Accounting Standards (VAS) is not optional — it’s a legal requirement. The Law on Accounting (No. 88/2015/QH13, amended 2024) and its guiding circulars create a comprehensive framework that governs how every enterprise must record, report, and retain financial information. This guide provides a complete overview of […]

Many foreign business owners in Vietnam operate under a dangerous assumption: “My accountant says everything is fine.” The reality is that bookkeeping errors accumulate silently — until a tax audit, a bank loan application, or an investor due diligence uncovers them. By then, the cost of fixing is exponentially higher than the cost of prevention. […]

Access to capital remains one of the top challenges for small and medium enterprises in Vietnam — both local and foreign-invested. While Vietnam’s banking sector has expanded significantly, with over 40 commercial banks and growing fintech lending platforms, loan approval rates for SMEs hover around 35-40%, largely because of inadequate financial documentation. This guide walks […]

Legal update (June 2026)Decree 132/2020/ND-CP and Decree 20/2025/ND-CP on tax administration for enterprises with related-party transactions have been replaced by Decree 255/2026/ND-CP, effective 1 July 2026 and applicable from the 2026 tax period. Several thresholds have changed — see the six key changes under Decree 255/2026. For foreign enterprises operating in Vietnam, tax compliance is […]

Legal update (June 2026)Decree 132/2020/ND-CP and Decree 20/2025/ND-CP on tax administration for enterprises with related-party transactions have been replaced by Decree 255/2026/ND-CP, effective 1 July 2026 and applicable from the 2026 tax period. Several thresholds have changed — see the six key changes under Decree 255/2026. Vietnam continues to be one of Southeast Asia’s most […]