• Service: Tax, Global Indirect Tax, Global Mobility Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 1/17/2014

Vietnam - Tax forms, VAT methods 

January 17: Recent tax developments in Vietnam include the following items:
  • New tax forms are to be used by organizations and entities in Vietnam beginning 1 January 2014 (Decree No. 156/2013/TT-BTC).
  • Enterprises are to pay trade union dues at a rate of 2% of total salary amounts used to compute for social insurance contributions (Decree No. 191/2013/ND-CP).
  • Regional minimum wage amounts are established for individuals working in those areas (Circular No. 33/2013/TT-BLDTBXH).
  • Enterprises must apply the value added tax (VAT) method in 2014 if they satisfy certain conditions (Official letter No. 17557/BTC-TCT).

Read a January 2014 report [PDF 375 KB] prepared by the KPMG member firm in Vietnam: Tax Updated (January 2014)

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