Your Business Expansion Expert in
Vietnam

Vietnam’s tax system encompasses a range of direct and indirect taxes that apply to businesses of all sizes. For small and medium-sized enterprises (SMEs), the key taxes include corporate income tax (CIT), value-added tax (VAT), personal income tax (PIT), foreign contractor withholding tax (FCWT), and the business license tax (BLT). Each tax has its own…

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Managing payroll in Vietnam presents unique challenges for foreign investors entering this dynamic Southeast Asian market. With Vietnam attracting over $21.51 billion in FDI during the first half of 2025 – a remarkable 32.6% increase year-on-year – understanding the country’s payroll system is crucial for successful business operations. The complexity of Vietnamese payroll regulations, combined…

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Expanding globally offers tremendous growth opportunities for Vietnamese SMEs, but it also comes with significant cost and compliance challenges. Traditionally, entering a foreign market meant setting up a local subsidiary or hiring through contractors, both of which can be expensive and risky. Fortunately, employer of record services provide a smarter route. This article explains what…

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Vietnam’s thriving market has become a magnet for foreign investors eager to expand in Southeast Asia. However, starting a business in Vietnam means navigating a unique legal and regulatory landscape. Seemingly simple missteps—choosing the wrong business structure, missing compliance deadlines, or mismanaging capital—can lead to costly delays or even jeopardize your investment. Below we highlight…

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Foreign direct investors (FDIs) in Vietnam often choose to outsource accounting services to manage complex financial tasks while focusing on core growth. Vietnam’s booming economy and favorable investment climate bring new tax rules and reporting requirements that can overwhelm in-house teams. By deciding to outsource accounting services in Vietnam, foreign companies gain immediate access to…

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Mr. Jack Nguyen, CEO of InCorp Vietnam, notes that for many Vietnamese SMEs and startups, questioning the effectiveness of a current tax service provider is not a fleeting concern but often a signal of deeper challenges. With Vietnam’s tax environment becoming increasingly complex — from revised e-invoice rules effective June 2025 to the new Corporate…

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