Course Detail()

7.00 CPE Hours (Category 1, Category 2, Category 3, Category 4, Others)
Classroom


Programme Objective
 
Vietnam is the second fastest growing economy in ASEAN with a robust GDP growth of around 6.5% in 2017. Companies are once again turning their attention to this country after its easing of restrictions on foreign investment in shares and property. This one-day workshop is designed to provide an overall view of the tax framework in Vietnam. Using practical examples, our trainer will provide the latest updates on tax reforms and advise attendees on how to minimize corporate tax and individual income tax using tax incentives and tax treaties in Vietnam. He will also highlight the developments of tax issues on M & A cases and application of transfer pricing regulations in Vietnam.
 

Programme Outline


1.    Corporate Tax in Vietnam

•    Basis of corporate taxation and different business structures
•    Definition of PE in Vietnam
•    Tax treatment of foreign-earned income
•    Application of Double Taxation Treaty
•    Tax incentives available for foreign investors
•    Tax reduction using offshore jurisdiction

2.    Individual Income Tax in Vietnam
•    Scope of individual taxation in Vietnam 
•    Income tax laws applicable to Vietnam
•    Exemptions and deductions allowable and their limits
•    Expatriates Vs Local Employees 
•    Tax saving instruments
•    Common planning techniques and the use of tax treaty

3.   Transfer Pricing in Vietnam
•    Overview of Vietnam transfer pricing regulations
•    Effective transfer pricing documentations
•    Advance Pricing Arrangement (APA) in Vietnam - regulations and practice
•    Transfer pricing audit strategies

4.   Profit Repatriation from Vietnam
•    Scope and timing of repatriation
•    Determination of amount to be repatriated
•    Requirements for provisional profit repatriation
•    Foreign exchange restrictions and procedures

5.   Indirect Taxes in Vietnam (BLT, VAT & SCT)
•    Scope of BLT and it tax rates 
•    Understanding VAT in Vietnam
•    Application of VAT on goods and services
•    Scope of SCT
•    Determination of tax payable: VAS applied, Non VAS applied and Hybrid method
•    Latest changes to Vietnam indirect tax regime
•    Possible planning ideas

6.   Tax Administration and Compliance
•    Tax registration, tax filings and tax payment
•    Procedures for tax refund, exemption and reduction
•    Tax audits and investigation
•    Offences and penalties
•    Taxpayer’s remedies and dispute resolution

7.   Factors to Consider When Investing in Vietnam
•    Business entity options for foreign investors
•    Registration and licensing procedures
•    Routing of investments through an offshore company
•    Investment incentives available
•    Legal and practical considerations for joint venture and acquisitions of Vietnam companies

Closing Date for Registration

1 week before programme or until full enrolment
 

Intended For

Managing Directors, General Managers, CFOs, Regional Directors, Financial Controllers, Tax Professionals, Legal Professionals, Accountants, Financial Analysts, Business Consultants, Investors in Vietnam

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Programme Objective
 
Vietnam is the second fastest growing economy in ASEAN with a robust GDP growth of around 6.5% in 2017. Companies are once again turning their attention to this country after its easing of restrictions on foreign investment in shares and property. This one-day workshop is designed to provide an overall view of the tax framework in Vietnam. Using practical examples, our trainer will provide the latest updates on tax reforms and advise attendees on how to minimize corporate tax and individual income tax using tax incentives and tax treaties in Vietnam. He will also highlight the developments of tax issues on M & A cases and application of transfer pricing regulations in Vietnam.
 

Programme Outline


1.    Corporate Tax in Vietnam

•    Basis of corporate taxation and different business structures
•    Definition of PE in Vietnam
•    Tax treatment of foreign-earned income
•    Application of Double Taxation Treaty
•    Tax incentives available for foreign investors
•    Tax reduction using offshore jurisdiction

2.    Individual Income Tax in Vietnam
•    Scope of individual taxation in Vietnam 
•    Income tax laws applicable to Vietnam
•    Exemptions and deductions allowable and their limits
•    Expatriates Vs Local Employees 
•    Tax saving instruments
•    Common planning techniques and the use of tax treaty

3.   Transfer Pricing in Vietnam
•    Overview of Vietnam transfer pricing regulations
•    Effective transfer pricing documentations
•    Advance Pricing Arrangement (APA) in Vietnam - regulations and practice
•    Transfer pricing audit strategies

4.   Profit Repatriation from Vietnam
•    Scope and timing of repatriation
•    Determination of amount to be repatriated
•    Requirements for provisional profit repatriation
•    Foreign exchange restrictions and procedures

5.   Indirect Taxes in Vietnam (BLT, VAT & SCT)
•    Scope of BLT and it tax rates 
•    Understanding VAT in Vietnam
•    Application of VAT on goods and services
•    Scope of SCT
•    Determination of tax payable: VAS applied, Non VAS applied and Hybrid method
•    Latest changes to Vietnam indirect tax regime
•    Possible planning ideas

6.   Tax Administration and Compliance
•    Tax registration, tax filings and tax payment
•    Procedures for tax refund, exemption and reduction
•    Tax audits and investigation
•    Offences and penalties
•    Taxpayer’s remedies and dispute resolution

7.   Factors to Consider When Investing in Vietnam
•    Business entity options for foreign investors
•    Registration and licensing procedures
•    Routing of investments through an offshore company
•    Investment incentives available
•    Legal and practical considerations for joint venture and acquisitions of Vietnam companies

Closing Date for Registration

1 week before programme or until full enrolment
 

Intended For

Managing Directors, General Managers, CFOs, Regional Directors, Financial Controllers, Tax Professionals, Legal Professionals, Accountants, Financial Analysts, Business Consultants, Investors in Vietnam

Programme Facilitator(s)


No course instances or course instance sessions available.