The Government of Vietnam has officially introduced a 3-year Corporate Income Tax (CIT) exemption for newly established small and medium-sized enterprises (SMEs). In addition, flexible CIT rates of 15%, 17%, and 20% will be applied based on the size and revenue scale of enterprises.Further tax exemptions and reductions are available for businesses operating in incentivized [...]

On June 14, 2025, the National Assembly passed the Corporate Income Tax (CIT) Law 2025, effective October 1, 2025. The law introduces important changes in tax policies, investment incentives, and obligations, particularly in the areas of digital economy, green growth, and global integration. 𝐒𝐨𝐦𝐞 𝐚𝐛𝐛𝐫𝐞𝐯𝐢𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐫𝐞 𝐮𝐬𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐚𝐫𝐭𝐢𝐜𝐥𝐞, 𝐚𝐧𝐝 𝐏𝐡𝐚𝐦 𝐃𝐨 𝐋𝐚𝐰 𝐰𝐢𝐥𝐥 [...]

Social insurance is the guarantee to fully or partially offset a laborer’s income that is lost or reduced due to his/her sickness, maternity, labor accident, occupational disease, unemployment, retirement or death, on the basis of his/her contributions to the social insurance fund. The two types of social insurance are compulsory social insurance and voluntary social [...]

Being considered as an attractive environment for investing and a business opportunity with lots of advantages over neighboring countries, Vietnam is attracting not only the investors who go into business but also a large number of foreign employees with an intention of living, studying and working in here. Foreign employees working in Vietnam, come from [...]

Cases and conditions of dissolution a) Cases of dissolution In some cases that the foreign investor can not keep up with the investment in Vietnam, the procedures for dissolution of the enterprise will be carried out. In order to fully terminate the rights and legal duties of the foreign investor, the investor must be bound [...]

The Vietnam Labor Code applies to both Vietnamese and foreigners working in Vietnam. It is unlawful to sign contracts under provisions outside those provided in the Labor Code. Labor contract The parties are free to negotiate and enter into their contracts, provided that those clauses are not less advantageous than the provisions of law. For [...]