What Emerhub’s Tax and Accounting Services Cover
Our tax and accounting services are designed to keep your business fully compliant and financially secure. Here’s how we can support your growth in Vietnam.
Tax Registration and Setup
Assisting with initial tax identification number registration, ensuring a smooth start to your operations in Vietnam.
Monthly and Annual Tax Filings
Managing all required monthly, quarterly, and annual tax filings for VAT, Corporate Income Tax, Personal Income Tax, and Foreign Contractor Tax.
Bookkeeping and VAS-Compliant Financial Reporting
Ensuring your financial records adhere to Vietnamese Accounting Standards (VAS) while being accurate and compliant with local regulations.
Tax Advisory and Planning
Providing strategic guidance on tax optimization by leveraging available incentives.
E-Invoicing Setup and Compliance
Guiding businesses on the mandatory e-invoicing system in Vietnam from registration to ongoing compliance.
Audit and Dispute Support
Offering comprehensive support during tax audits, facilitating discrepancy resolutions, and managing appeals with Vietnamese tax authorities.
Key Vietnam Tax and Accounting Requirements
Navigating taxation in Vietnam involves understanding local tax obligations and specific accounting compliances, from mandatory e-invoicing to maintaining proper accounting records.
Tax Obligations
- Corporate Income Tax: 20% standard rate with incentives for certain sectors and regions.
- VAT: Temporarily reduced from 10% to 8% for most goods and services (until Dec 31, 2026).
- Personal Income Tax: Progressive rates from 5% to 35%, withheld by employers.
- Foreign Contractor Tax: Applies to payments for non-resident service providers.
- Other Taxes: Includes import/export duties, Special Sales Tax, and Environmental Protection Tax.
Accounting Compliance
- Vietnamese Accounting Standards (VAS): Mandatory for all companies, eligible companies are adopting the international (IFRS) and new local (VFRS) accounting standards in 2025.
- E-Invoicing: Strictly enforced and mandatory for all businesses.
- Financial Statements: Annual reports must comply with VAS, audits are required for FDI companies.
- Tax Filing: Monthly or quarterly returns for VAT, CIT, PIT, and invoice reports.
- Record Keeping: Documents must be in Vietnamese and retained for at least 10 years.
Why Partner with Emerhub for Your Vietnam Tax Needs?
With Emerhub, you gain a partner to support you every step of the way with your tax and accounting needs.
14 Years of Local Expertise
With years of experience in Vietnamese tax laws and regulations, we provide accurate, reliable guidance tailored to the local landscape.
On-the-Ground Support
Our in-person team at the Emerhub Vietnam office is ready to assist you directly, offering hands-on support anytime.
Trusted Professional Network
We have a strong network of Certified Public Accountants and legal experts to ensure all compliance aspects are covered.
FAQs on Vietnam Taxation
An individual is a tax resident if they stay in Vietnam for 183 days+ in a calendar year (12 months consecutively from arrival) or have a permanent residence and intend to reside long-term.
FCT applies to payments made to foreign entities or individuals providing goods or services in Vietnam without a permanent establishment. It includes both VAT and CIT components.
Vietnam offers tax holidays, reduced CIT rates, and import duty exemptions for projects in high-tech, education, healthcare, and certain economic zones. There are also special tax incentives for those in the IT sector.
Yes, Vietnam has adopted BEPS requirements for transfer pricing documentation, including Master File, Local File, and Country-by-Country Report (CbCR).
Yes, even if your company is not generating revenue or is dormant, you are required to submit tax declarations and reports. As long as your business is registered, you are required to file taxes.
Yes, foreign digital service providers may be subject to FCT or VAT on their income from Vietnamese users. A new e-commerce tax registration system has been introduced for compliance, effective July 2025.
The Latest in Vietnam’s Tax Compliance & Regulations
-
Vietnam Corporate Tax Guide: Tax Rates and Compliance Requirements
Stay informed on Corporate Income Tax to protect your business from financial risks and…
-
Tax Incentives in Vietnam: Foreign Investors’ Guide
Learn how tax incentives in Vietnam can influence your business strategy and improve financial…
-
Tax Reporting in Vietnam: Essential Guide for Foreign Investors
Navigate tax reporting in Vietnam confidently. Discover key tax considerations for foreign businesses and…
Schedule a call with an Emerhub consultant in Vietnam
Need help navigating Vietnam’s tax system? Share your plans and we’ll guide you through setup, filings, and ongoing compliance.
Email Us
vietnam@emerhub.com
Call Us
+84 911 413 595
Visit Us
1bis Phạm Ngọc Thạch, Bến Nghé, Quận 1, Hồ Chí Minh, Vietnam