Foreign Contractor Tax in Vietnam: FCT Vietnam Calculation and Completing Foreign Contractor Tax Form
Foreign Contractor Withholding Tax (FCWT) in Vietnam, commonly known as Foreign Contractor Tax (FCT), applies to foreign companies providing paid services to Vietnamese businesses. Governed by Circular No. 103/2014/TT-BTC, FCT combines Value-Added Tax (VAT) and Corporate Income Tax (CIT) or Personal Income Tax (PIT) for individuals, into a single tax framework for foreign contractors. Foreign…
