{"id":39277,"date":"2020-11-23T15:21:37","date_gmt":"2020-11-23T07:21:37","guid":{"rendered":"https:\/\/zegal.com\/?p=39277"},"modified":"2023-01-12T14:16:28","modified_gmt":"2023-01-12T06:16:28","slug":"a-guide-to-vietnams-taxation-system","status":"publish","type":"post","link":"https:\/\/zegal.com\/en-hk\/blog\/post\/a-guide-to-vietnams-taxation-system\/","title":{"rendered":"A Guide to Vietnam’s Taxation System"},"content":{"rendered":"

Everything you need to know about how Vietnam’s taxation system works<\/strong><\/h4>\n

\"vietnam<\/p>\n

Vietnam has shown itself to be a strong and tough economy, having positive growth against a global pandemic backdrop. Although its growth rate has been dampened in the face of Covid-19, Vietnam is still one of the luckier countries that has experienced solid economic growth in 2020. Vietnam’s taxation system is straightforward and is set out as such:\u00a0<\/span><\/p>\n

Vietnam’s Taxation System<\/h4>\n

The <\/span>General Department of Taxation<\/span><\/a>, a branch under the Ministry of Finance oversees all taxation activities within the country. The taxation year follows the classic calendar year, 1st January to 31st December. However, if an individual that is to be taxed under Vietnam\u2019s taxation laws arrives in Vietnam with less than 183 days remaining for the calendar year, the individual is taxed 12 months from their date of arrival.\u00a0<\/span><\/p>\n

Individuals that have to pay taxes under Vietnam\u2019s laws are required to have a tax code in order to file their tax returns.\u00a0<\/span><\/p>\n

An individual is considered a resident of Vietnam for tax purposes when the following conditions are met:<\/span><\/p>\n