MAJOR LAW CHANGES ON TAX APPLICATION AND ADMINISTRATION As with the fast-changing pace of the business and investment environment in the digital age, current legal regulations in Vietnam have revealed many limitations in administration and practical application to suit the development needs of new business models and the increase in

Recently, the government and tax agencies have increased audit and inspection activities related to tax compliance. Additionally, many new tax regulations are being amended and introduced to better align with the evolving landscape of more complex business models. In this Tax Talk, KTC will share and discuss with participants the

Cash flow management is always a hot topic in every business, especially in times of recession and instability as currently experienced in the Vietnamese economy. The coordination between CEO and CFO (Chief Executive Officer and Chief Financial Officer) is a crucial factor that can determine the success or failure of

Tax finalisation is a familiar and crucial annual task of the accounting and finance department. In addition to the mandatory compliance with the submission deadline, the declared information is also the basis for the tax authority to utilize and select subjects for audit/ inspection planning purposes. In many cases, the

In 2024, tax authorities continue to increase their audit/ inspection activities to improve tax management, including compliance with regulations on related-party transactions for FDI enterprises in Vietnam. The adoption of Resolution 107/2023/QH15 on applying global minimum tax, effective from the beginning of 2024, also shows the government’s determination to manage

Vietnamese E-commerce market in recent years has gradually becoming more important in the economy (with the scale of USD 25 billion) and experiencing a consistent growing trend. The proportion of retail goods and consumer services traded via e-commerce currently accounts for about 10% of the total retail sales of the