How to set up a Vietnam Representative Office easily?
Reading Time: 4 minutesIf you’re thinking about growing your business in Vietnam, establishing a Representative Office (RO) can be a wonderful place to start. A RO acts as a liaison office and is not permitted to engage in commercial activity; yet, it can be a fantastic tool to explore a new market, perform research, and assess potential before forming a firm.
How will RCEP Vietnam (Regional Comprehensive Economic Partnership) benefit businesses in Vietnam?
Reading Time: 5 minutesIn an economically turbulent world, developing countries must strive to find alternatives for economic sustainability. With a trade war between the USA and China imminent, it has become imperative for other Asian countries to find sustainable means of economic growth and stability.
The Regional Comprehensive Economic Partnership agreement took effect at the start of 2022, potentially benefiting member nations, including Vietnam, and the global economy.
How To Calculate Vietnam Import Tax For Businesses In Vietnam?
Reading Time: 5 minutesVietnam is a rapidly developing economy and an attractive destination for many businesses around the world. However, one aspect of doing business in Vietnam that can be challenging is understanding and calculating the import tax.
Import taxes are taxes levied on items brought into Vietnam from other nations. Several variables, including the kind of goods, their cost, and the country of origin, may influence the rate at which import tariff is charged.
Detailed Guide On The Value Added Tax In Vietnam For Business Owners
Reading Time: 5 minutesValue Added Tax applies to goods and services and differs from one country or state to another. Every income-earning organisation in Vietnam is subject to VAT payment on revenue made from selling their products and services in Vietnam.
What Are The 5+ Advantages Of Doing Business In Vietnam?
Reading Time: 5 minutesVietnam is a promising location for businesses with worldwide ambition. Its financial sector keeps expanding quickly, supported by a closely regulated business setting, Vietnam has emerged as a top investment destination in Southeast Asia, particularly for people from other countries. To operate a successful business in Vietnam, you must adhere to their policies, guidelines, and safety rules.
In this post, we’ve outlined the advantages of doing business in Vietnam so that you can identify them before delving into the Vietnamese marketplace. Learn more about the advantages of doing business in Vietnam in the sections below!
9+ Best Business Ideas In Vietnam
Reading Time: 4 minutesAre you trying to start a new business and wondering what business idea to pursue? Starting a new business is not one of the most challenging things to do in the world. There are many factors to consider to help you decide what business idea is best to run. Some of these factors are:
3 Ways To Get An Investor Visa In Vietnam
Reading Time: 5 minutesVietnam is one of the fastest-growing economies in Asia, and international investors have been increasing their exposure to the country. Vietnamese government also recently made a few adjustments to its immigration policies that would make it simpler for any international investor to secure investments in Vietnam and obtain a visa for entry into the country. In this post, we will show you the top ways to get an investor visa in Vietnam, whether you’re inside or outside Vietnam.
A Complete Guide to Foreign Contractor Tax in Vietnam
Reading Time: 5 minutesTaxes are a non-negotiable part of your business processes. As you rake in profits, generate revenue, and shell out funds on operational and running costs, you must keep a record of spending and income. If your business is incorporated in Vietnam, a foreign contractor tax Vietnam is non-negotiable.
In other words, you must pay the appropriate taxes to the government of the country where your business is incorporated in.
Vietnam has clearly defined corporate tax regulations, particularly regarding foreign contractors. In this article, you’ll learn all about contractor tax in Vietnam, the regulating tax authorities, and other related tidbits.
Read on.
How To Get An ERC In Vietnam As An Expatriate
Reading Time: 4 minutesAccording to regulations stipulated by the WTO and EVFTA as well as Vietnamese laws, investors can establish foreign enterprises in Vietnam. In doing so, it’s essential that dossiers and procedures for setting up this company comply with Vietnamese laws. There are two main processes; apply for the Investment Registration Certificate (“IRC”) and the Enterprise Registration Certificate (“ERC”). In case you do not have any Vietnamese enterprises by your own, IRC of project must be achieved first. Otherwise, be sure that you have completed the procedures of applying for the Investment Registration Certificate. How about applying for the Enterprise Registration Certificate? Keep reading to learn more.
7 Pros and Cons of Sole Proprietorship In Vietnam To Consider
Reading Time: 4 minutesVietnam is one of the most popular locations in Asia because it has an impressive economy. Despite the covid-19 pandemic that shook different regions of the world, Vietnam still enjoy positive growth in retail sales, imports, and industrial production. As a result, it’s a hub of commercial activities. You’ve probably found many people traveling to and from Vietnam to do business and want to do so too. It’s important to note that you’ll need a business visa to make it possible. But what is a business visa, and how does it work? Keep reading to find out more. This piece will be a detailed guide on business visa Vietnam.
