Commercial contracts – Note when applying fines for violations
Penalty for breach of contract is a remedy for violations. However, in order to apply the penalty, the contract must ...
Tag: Doing business in Vietnam
Working from home – No need to pay social insurance?
Persons working under labor contracts with a term of 01 month or more are required to participate in compulsory social ...
Rent an apartment as a working place – Note the cost of managing the apartment building
Businesses can rent apartments of individuals to use as business locations. However, not all costs related to the use of ...
Changing structure and technology – To lay off many workers, but re-employ from labor subleasing service?
When enterprises have to lay off many employees due to economic difficulties or change in technological structure, can they use ...
Expenses electricity, water – not deducted when determining CIT in Vietnam if…?
Electricity and water are services that most businesses have to use during their business, but if there are not enough ...
Late submitting of tax returns in Vietnam – How is the administrative penalty?
Enterprises are obliged to declare and pay taxes by themselves according to the provisions of Vietnam law. In case of ...
Member of the Board of Directors – Must pay compulsory social insurance?
A member of the Board of Directors is an enterprise manager and may receive salary, remuneration, bonus and other regimes ...
Renting personal property – Documents required to calculate deductible expenses?
Enterprises can rent assets of individuals to use for production and business activities and should note that there are sufficient ...
Allowance of life insurance for employees – Deductible expenses when calculating CIT?
Enterprises can buy more types of voluntary insurance for employees and include them in deductible expenses when determining CIT if ...
No PIT payment – No need to file tax return?
Enterprises that pay income to employees and have tax deductions are obliged to declare, deduct and pay PIT periodically together ...
