Tax Planning

We help companies properly handle Singapore and cross-border tax affairs, reduce risks, and achieve compliant tax savings. Our services include:

• Corporate Income Tax (CIT): Vietnam’s standard corporate income tax rate is 20%. Businesses must complete their annual final settlement within 90 days of the end of the fiscal year (usually before March 31st each year). In addition, businesses must fulfill quarterly prepayment obligations, with the prepayment amount reaching 80% of the annual tax payable. Notably, Vietnam offers highly attractive tax incentives for key sectors such as high-tech industries, renewable energy, and large-scale manufacturing, including long-term preferential tax rates as low as 10% or 17%, tax exemption periods of several years, and a 200% additional deduction for R&D expenses.
• Personal Income Tax (PIT): Similar to corporate income tax, businesses must simultaneously complete their annual final settlement of personal income tax within 90 days of the end of each fiscal year.
• Value Added Tax (VAT): Following the abolition of the business license tax, VAT has been explicitly identified as one of the core taxes that businesses need to focus on managing in their continued operation.
• Global Minimum Tax (GMT) Supplementary Tax: In the latest accounting standards (Circular No. 99/2025/TT-BTC) effective January 1, 2026, Vietnam has officially added the Global Minimum Tax (GMT) supplementary tax and related accounting items.

Kindly contact us to explore tax planning solutions designed to support your business goals.