Accounting & Tax

How to Calculate Tax on Share Transfers for Individuals – 2026

Posted on 18/06/202624/06/2026 by SEN

The method of calculating the share transfer tax for individuals is one of the core legal concepts that any shareholder must firmly grasp before executing a transaction to transfer ownership rights in a joint-stock company. Correctly understanding and accurately applying the calculation procedure not only helps individuals proactively control their financial obligations but also maximizes the prevention of severe legal risks. In practice, numerous cases of misunderstanding the nature of cash flows or delayed declaration have resulted in heavy administrative penalties and arrears of late payment interest by the Tax Authority. Therefore, strict compliance with prevailing regulations is the safest solution to protect the legitimate rights and interests of both the transferor and the transferee.

When are individuals required to pay the share transfer tax?

An individual becomes liable for tax the moment a share transfer is officially finalized, reflecting a change in company ownership. To ensure transparent tax management, current regulations clearly outline the specific scope of application for different types of enterprises:

Time of Tax Liability: The share transfer tax is calculated based on the actual time of transferring share ownership as stipulated in the transfer contract, regardless of whether the transferor has received full payment or no payment at all from the counterpart.
Distinguishing between a Joint Stock Company (JSC) and a Limited Liability Company (LLC): Under the provisions of the Personal Income Tax (PIT) Law, capital transfer activities in a joint stock company (including both public and non-public companies) are uniformly classified and managed under the category of “securities transfers”. This is completely different from the “transfer of capital contributions” in a limited liability company, where tax liability only arises when the transaction generates a profit (the transfer price is higher than the cost price).

The essence of the regulation applying a fixed tax rate of 0.1% on the share transfer price is a strict control mechanism by the State. This mechanism is established to completely restrict situations where parties intentionally declare fictitious losses, undervalue transactions, or collude to falsify sales documents for tax evasion purposes, thereby causing revenue loss for the national budget.

The Most Updated Calculation Method for Tax on Share Transfers

Point b, Clause 4, Article 2 of Circular 111/2013/TT-BTC (amended by Article 4 of Circular 25/2018/TT-BTC) stipulates the incomes subject to Personal Income Tax (PIT) as follows:

“4. Income from capital transfers

Income from capital transfers is the personal income received, which includes:

…

b. Income from securities transfers, including: income from the transfer of shares, share purchase rights, bonds, treasury bills, fund certificates, and other types of securities as prescribed in Clause 1, Article 6 of the Law on Securities. Income from the transfer of shares by individuals in joint-stock companies in accordance with Clause 2, Article 6 of the Law on Securities and Article 120 of the Law on Enterprises.”

Furthermore, pursuant to Point b, Clause 2, Article 11 of Circular No. 111/2013/TT-BTC, which was amended and supplemented by Article 16 of Circular No. 92/2015/TT-BTC, personal income derived from securities transfers is subject to personal income tax at a flat rate of 0.1% based on the transfer value per transaction.

In accordance with this provision, the personal income tax liability for share transfers is calculated on the gross transfer value per transaction, irrespective of any capital gain or loss resulting from the variance between the sale and purchase prices.

f that transaction.

For example:

Assume Mr. A owns 10,000 shares of Joint Stock Company X (par value of VND 10,000 per share, equivalent to a cost basis of VND 100,000,000). Due to cash flow requirements, Mr. A decides to transfer his entire shareholding to Ms. B.

Scenario 1 (Transfer at a profit): Mr. A sells at a price of VND 15,000 per share. The total transfer price is VND 150,000,000.

==> Personal Income Tax payable = 150,000,000 x 0.1% = 150,000 VND

Due to difficult market conditions, Mr. A accepts a loss-cutting sale at a price of 8,000 VND/share. The total transfer price is 80,000,000 VND. Despite incurring a loss of 20,000,000 VND compared to the initial cost basis, Mr. A is still required to fulfill his tax obligation:–

==> Personal Income Tax payable = 80,000,000 x 0.1% = 80,000 VND

Deadline for filing tax returns for share transfers.

Accurately determining the filing deadline is crucial to the legality of the transaction and helps individuals avoid unnecessary late payment penalties from the tax authorities. According to current tax administration regulations, the timeline for filing and paying personal income tax on share transfer activities is specifically categorized based on the transaction method as follows:

Case of self-declaration by individuals: The deadline for filing tax returns is no later than the 10th (tenth) day from the effective date of the share transfer contract.
Case of tax declaration and payment on behalf by the enterprise: If a joint-stock company performs procedures to update its shareholder list without documents proving that the transferring individual has fulfilled their tax obligations, the enterprise is responsible for declaring and paying tax on behalf of that individual. The filing deadline is no later than the time of performing procedures to change shareholder information in the Shareholder Register or the management system of the Business Registration authority.

Deadline for tax payment: The last day of the tax filing deadline is also the deadline for completing the payment of tax into the State Budget.

>>>> Related articles:

[How to Calculate Personal Income Tax 2026 in Vietnam]

[Personal Income Tax 2026: Key Changes Directly Affecting Employees]

Vina TPT’s Share Transfer Tax Consulting and Declaration Services

With extensive experience supporting various enterprises in capital transfer transactions, Vina TPT provides comprehensive tax consulting and declaration services. We assist clients from determining tax obligations to completing filing procedures in accordance with current regulations. Our team of experts ensures that the transfer process is executed smoothly, saving time while ensuring full compliance with prevailing legal requirements.

Ensuring legal compliance: Reviewing the legality of contracts and supporting documents, and committing to legally optimizing the tax payable.
Time and cost efficiency: On behalf of our clients, we complete the entire system of tax declarations, file documents directly, and liaise with the competent tax authorities, thereby minimizing the need for travel.
Mitigating administrative penalties: Closely monitoring transaction timelines to ensure timely filing, thereby maximizing the protection of investors’ capital.

Connect with our experts today via the button below for a complimentary tax document review and consultation.

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Conclusion

In summary, when executing a share transfer, individuals must remember the 0.1% tax rate applied to the transfer value (regardless of whether the transaction is profitable or results in a loss). The second key point is the tax filing deadline: tax returns must be submitted to the Tax Authority within 10 days from the effective date of the share transfer contract (or the date the change of ownership is completed in the shareholder register) to avoid late filing penalties. Proactively mastering these milestones and calculation rules is the key to ensuring that both individuals and enterprises operate safely, transparently, and sustainably.

Accounting & Tax, Lasted News

2026 Tax Update: Corporate Tax Exemption for Businesses with Revenue Under 1 Billion VND

Posted on 11/06/202611/06/2026 by SEN

CI tax Exemption for Businesses with Revenue Under 1 Billion VND

Corporate income tax exemption opportunities for small businesses in Vietnam have received a significant boost in 2026. To foster the recovery and sustainable growth of small-scale economic units, the Government officially issued Decree No. 141/2026/NĐ-CP on April 29, 2026, introducing a highly practical financial support policy. Under this new regulation, enterprises and business households with an annual revenue of less than 1 billion VND are entitled to a full exemption from Corporate Income Tax (CIT).

This policy serves as a vital catalyst, not only reducing operational burdens but also providing a golden opportunity for business owners to reinvest and scale their operations. In this article, we will provide a detailed analysis of this new regulation, outline the eligibility criteria, and explore other Corporate Income Tax (CIT) incentives currently available to businesses in Vietnam.

1. What Is the Corporate Income Tax Exemption for Businesses Under 1Billion VND?

The fiscal strategy for 2026 places a strong emphasis on supporting small-scale economic units. On April 29, 2026, the Government officially issued Decree No. 141/2026/NĐ-CP, which introduces significant tax relief measures. This policy supplements Clause 15, Article 4 of Decree No. 320/2025/NĐ-CP, establishing a legal framework for Corporate Income Tax (CIT) exemption for enterprises and organizations with an annual revenue threshold of 1 billion VND or less.

The Core Policy Explained

The regulation provides a clear mechanism for determining eligibility and handling operational variations. Key components of the policy include:

Revenue Determination: The annual total revenue used as the basis for the exemption includes revenue from the sale of goods and provision of services (excluding deductions), financial activity income, and other income recorded in the Appendix of Production and Business Performance Results from the preceding tax period.

Pro-rata Calculation: For businesses operating for less than 12 months in the preceding year, revenue is annualized by dividing actual revenue by the number of months in operation and multiplying by 12.

Exemption for New Establishments: Newly established businesses in the current tax period with projected revenue not exceeding 1 billion VND are not required to make provisional CIT payments. If the actual revenue eventually exceeds the 1 billion VND threshold by the end of the tax period, the enterprise must declare and finalize the tax accordingly, without being subject to late payment penalties.

The Anti-Avoidance Clause: To maintain fiscal integrity, this exemption is strictly not applicable to subsidiaries or enterprises with affiliated relationships if the related business units in the network fail to meet the qualifying conditions specified in this Decree.

2. Who Qualifies for This Tax Exemption?

Determining whether your business falls under the scope of Decree No. 141/2026/NĐ-CP is essential for accurate tax planning. The policy is designed to support micro and small-scale operations; however, eligibility is contingent upon meeting specific operational and structural criteria.

The following table provides a quick reference to help you self-assess your business’s eligibility:

Entity Category	Eligibility Status	Key Requirement
Small Enterprises	Eligible	Annual revenue ≤ 1 billion VND
Registered Household Businesses	Eligible	Annual revenue ≤ 1 billion VND
Newly Established Entities	Eligible (Conditional)	Projected revenue ≤ 1 billion VND
Subsidiary Companies	Excluded	Depends on Parent Company’s revenue status
Affiliated Enterprises	Excluded	If the affiliated network exceeds 1 billion VND

Small Businesses & Household Businesses

For the purposes of this exemption, “Small Businesses” include entities registered under the Law on Enterprises that maintain a modest operational footprint. Similarly, “Household Businesses” (Hộ kinh doanh) are eligible provided their annual revenue—comprising sales, services, financial income, and other miscellaneous income—remains below the 1-billion VND threshold. To ensure full compliance, businesses must maintain transparent accounting records, as the tax authority relies on the Appendix of Production and Business Performance Results from the preceding tax period to verify your eligibility.

Crucial Warning: The Subsidiary Exception

A common pitfall for many businesses is failing to account for the “Affiliated Relationship” clause. Per the stipulations in Decree 141/2026/NĐ-CP, the tax exemption is not applicable to any enterprise that acts as a subsidiary or is part of a larger business network (affiliated relationship) if the other entities within that network do not meet the exemption criteria.

In essence, if your parent company or a related entity reports a total revenue exceeding 1 billion VND, your business is disqualified from claiming this tax exemption, regardless of how low your own individual revenue may be. We strongly advise conducting a thorough audit of your corporate ownership structure before declaring yourself exempt.

3. Additional Corporate Income Tax Incentives in 2026

3.1 Corporate Income Tax Rates: Standard vs. Preferential

While the standard corporate income tax rate remains fixed at 20%, Vietnam’s 2026 fiscal framework provides a sophisticated, tiered structure designed to lower the entry barriers for SMEs and encourage sustainable investment. For strategic tax planning, it is crucial to understand that these rates are not “one size fits all” but are instead tiered based on annual revenue, reflecting the government’s support for business scaling.

15% CIT Rate (Micro-Enterprise Support): This rate is specifically intended for enterprises with annual revenue of VND 3 billion or less. It acts as a primary fiscal cushion, allowing micro-enterprises to preserve cash flow during their early development or stabilization phase.

17% CIT Rate (Growth-Oriented Support): Aimed at mid-sized businesses with annual revenue exceeding VND 3 billion up to VND 50 billion, this rate balances tax relief with the transition toward full-scale compliance, supporting businesses as they expand their operational footprint.

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3.2 Specialized Tax Determination

In specific cases where the determination of actual costs and expenses is challenging—such as for certain foreign-owned enterprises or cooperatives—a direct tax rate on revenue may be applied. This mechanism ensures that businesses remain compliant without being hindered by overly burdensome accounting requirements for expense documentation.

3.3 Additional Location-Based and Sectoral Incentives

Location-Based Incentives: Businesses operating in designated Economic Zones, industrial parks, or underdeveloped provinces often benefit from extended tax holidays and additional reductions.

Priority Sectors: High-tech projects and priority sectors may qualify for even further reduced CIT rates (e.g., 10%) for specified periods.

R&D Deductions: Businesses investing in local technology development can claim additional deductions on taxable income, further reducing the overall effective tax rate.

>> Reference:

Tax Incentive in Vietnam 2025: Comprehensive Guide to Optimize Profits under New CIT Law

Tax Breaks in Vietnam 2025 | Key CIT, VAT & PIT Updates

4. Handling Temporarily Paid CIT in Q1 2026

If your enterprise temporarily paid CIT for the first quarter of 2026 before the policy’s full implementation was processed, you are entitled to recover these funds. Follow these steps:

Audit: Confirm the amount paid in Q1 2026 against your actual annual revenue projection.

Declaration: Adjust your quarterly CIT declaration form to reflect the exempt status.

Offset/Refund: Contact your local tax office to request a tax offset (applying the overpaid amount to other obligations like PIT or VAT) or a formal tax refund according to the Law on Tax Administration.

5. Maximize Your Tax Benefits with Vina TPT

Navigating the complexities of Vietnamese tax law—especially for FDI businesses and SMEs with intricate ownership structures—is a task that requires professional expertise. A minor error in interpreting revenue thresholds or subsidiary relationships can lead to significant penalties.

At Vina TPT, we provide end-to-end accounting and tax advisory services tailored to your business model. We ensure that you not only remain 100% compliant with the latest 2026 regulations but also identify every legal opportunity to optimize your tax position.

Contact Vina TPT today to schedule a consultation and let our experts secure your financial advantage in the current market.

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Labor & Insurance Knowledge, Lasted News

Vietnam Salary Regulations 2026: Minimum Wage, Base Salary & Insurance Caps

Posted on 09/06/202609/06/2026 by SEN

Is your foreign-invested enterprise (FDI) fully prepared for the upcoming payroll shifts? 2026 marks a year of major regulatory changes in Vietnam salary regulations, featuring two significant adjustments: the Regional Minimum Wage hike in January and the Base Salary increase in July. For foreign investors, HR professionals, and internal accounting teams, navigating these dual updates is critical to optimizing labor costs and avoiding severe compliance penalties. This ultimate guide will walk you through the essential 2026 salary policies, insurance caps, and overtime rules to ensure your business remains 100% compliant.

Core Principles of Salary Regulations in Vietnam

Before diving into the specific 2026 updates, it is vital to understand the foundational rules governing payroll under the Vietnam Labor Code 2019. Adhering to these legal baselines is the first step for any foreign-invested enterprise (FDI) to build a compliant and risk-free HR framework.

According to the Labor Code, all employment contracts and company policies must strictly observe the following core principles:

Equality and Non-Discrimination: Employers must pay equal salaries for equal work, regardless of gender, nationality, or social background. Vietnam strictly enforces this principle to ensure fairness in the workplace.
Currency of Payment: By default, salaries for Vietnamese employees must be paid in Vietnamese Dong (VND). However, FDI companies and foreign employers are legally permitted to pay expatriate employees in foreign currencies (e.g., USD).
Timely and Full Payment: Salaries must be paid fully and on time according to the agreed-upon labor contract. Late payments are strictly regulated by law and may incur mandatory interest penalty payments to the employee if delayed beyond permissible force majeure limits.

2026 Regional Minimum Wage Updates (Effective Jan 1, 2026)

The first major milestone of 2026 is the implementation of Decree 293/2025/ND-CP, which officially increases the Regional Minimum Wage by an average of 7.2%. This minimum wage serves as the absolute floor for negotiating monthly salaries for full-time workers operating under normal conditions.

Minimum Wage Table by Region (I, II, III, IV)

FDI companies typically operate in major economic hubs, mostly falling under Region I and II. Here are the updated 2026 rates:

Region	2026 Monthly Minimum Wage (VND)	Key Applicable Areas
Region I	5,310,000 VND	Ho Chi Minh City, Hanoi, Binh Duong, Dong Nai, Hai Phong…
Region II	4,730,000 VND	Da Nang, Can Tho, specific provincial cities
Region III	4,140,000 VND	Provincial towns and emerging industrial zones
Region IV	3,690,000 VND	All other rural and remaining areas

Impact on Unemployment Insurance (UI) Caps

Critical Compliance Note: The Regional Minimum Wage does not just dictate base pay; it also sets the ceiling for Unemployment Insurance (UI). By law, the maximum salary for calculating UI contributions is capped at 20 times the Regional Minimum Wage. For employees in Region I, the 2026 UI contribution cap is now 106,200,000 VND (20 x 5,310,000 VND).

The New Base Salary Increase (Effective July 1, 2026)

While the minimum wage targets the private sector, the Base Salary (Lương cơ sở) under Decree 161/2026/ND-CP primarily dictates public sector wages. However, FDI companies must pay close attention to this decree because the Base Salary directly controls the maximum caps for mandatory social and health insurances in the private sector.

How Base Salary Affects Social & Health Insurance Caps

Effective July 1, 2026, the Base Salary will increase to 2,530,000 VND. The legal formula for capping Social Insurance (SI) and Health Insurance (HI) contributions is 20 times the Base Salary.

New SI & HI Cap Calculation: 20 x 2,530,000 VND = 50,600,000 VND.

Impact: Any gross salary exceeding 50,600,000 VND will only be subject to SI and HI calculations up to this absolute ceiling. HR departments must update their payroll software before July 2026 to reflect this new cap and avoid overpaying or underpaying state insurances.

Overtime Pay and Night Shift Salary Regulations

Vietnamese labor law provides strict guidelines for overtime (OT) and night shift compensation to protect worker rights. FDI businesses must accurately calculate these multipliers:

Regular Workdays: OT is paid at 150% of the standard hourly rate.

Weekly Days Off: OT is paid at 200% of the standard hourly rate.

Public Holidays and Paid Leave: OT is paid at 300% of the standard hourly rate (in addition to the regular holiday pay).

Night Shifts: Working at night (from 22:00 to 06:00) entitles the employee to an additional 30% night shift allowance, plus further multipliers if the night shift falls on an overtime day.

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The 13th-Month Salary and Bonus Regulations: Is It Mandatory?

A frequent question from foreign investors is whether the 13th-month salary is a legal requirement. According to Vietnam’s salary regulations, a 13th-month bonus is not strictly mandatory by law. It is legally considered a “bonus” based on company performance and employee productivity.

However, it is a deeply ingrained market norm. More importantly, if the 13th-month salary is explicitly written into the Labor Contract or the Collective Labor Agreement (CLA), it becomes legally binding and must be paid regardless of the company’s financial status that year.

FDI Compliance: A 5-Step Payroll Audit Checklist

To ensure a smooth transition into the 2026 fiscal year, internal accounting and HR teams should execute the following 5-step checklist:

Review Labor Contracts: Ensure no employee in Region I is being paid below the new 5,310,000 VND threshold.
Update Payroll Software: Adjust system parameters to reflect the January Minimum Wage UI caps and the July Base Salary SHI caps.
Adjust Insurance Contributions: Re-declare insurance levels with the local Social Insurance Authority based on the new ceilings.
Recalculate HR Budgets: Factor the 7.2% wage increase and higher insurance caps into your H2 2026 operational budget.
Consult a Tax Expert: Review your Personal Income Tax (PIT) and payroll structures to optimize tax efficiency for both local and expatriate staff.

Frequently Asked Questions (FAQs) on Salary Regulations

Can salaries be paid in USD?

Yes, but only for expatriates (foreign workers). Under Vietnam’s foreign exchange controls, salaries for Vietnamese citizens must be denominated and paid in VND.

What is the penalty for late salary payment?

If a salary payment is delayed by more than 15 days (due to force majeure), the employer must compensate the employee with an additional amount. This penalty is calculated based on the delayed amount multiplied by the State Bank of Vietnam’s 1-month deposit interest rate.

Are probationary salaries subject to full insurance?

No. Probationary salaries must be at least 85% of the official job salary. Furthermore, mandatory social insurance contributions are generally not required during a standard probation period (which lasts up to 60 days).

Vietnam’s salary regulations in 2026 bring a layer of complexity that can easily trigger administrative penalties if mishandled. From navigating dual wage increases to calculating exact insurance caps and PIT deductions, the margin for error is slim.

Why Vina TPT is the Trusted Choice for Payroll Services in Vietnam

With over 20 years of experience supporting FDI companies and remote teams, Vina TPT offers a specialized, secure, and fully compliant remote payroll service tailored to Vietnam’s latest legal frameworks.

We handle complex salary calculations, social and health insurance management, unemployment insurance caps, PIT withholding, and digital payslips—entirely online with real-time dashboards. Our team provides excellent English support, utilizes a highly secure cloud system, and operates under a clear Service Level Agreement (SLA). This gives foreign investors complete confidence and 100% compliance, even when you are not physically present in Vietnam.

Contact Vina TPT today for a free consultation and to experience professional remote payroll services. Let our experts handle your payroll and labor compliance so you can focus seamlessly on growing your core business.

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Lasted News

[Newsletter] Vietnam Tax & Investment Updates – April 2026

Posted on 05/06/202605/06/2026 by SEN

The Vietnam tax & legal landscape for foreign-invested enterprises (FDI) has undergone significant adjustments as of April 2026. From new corporate income tax (CIT) exemptions for small businesses to modernized investment registration procedures and clarified invoicing regulations, staying informed is critical for operational compliance. This update provides a comprehensive overview of the latest decrees and official letters that will impact your business strategy in Vietnam.

New Tax Exemption Threshold for Small Businesses (Decree 141/2026/ND-CP)

The Government of Vietnam recently promulgated Decree No. 141/2026/ND-CP (effective from January 1, 2026), amending policies for business households and individuals, as well as measures guiding the implementation of the Law on Corporate Income Tax.

Key Changes

Exemption Threshold: The government has raised the income tax exemption threshold for business households and individuals to VND 1 billion per year.
CIT Exemption: Small businesses with an annual turnover not exceeding VND 1 billion are also exempt from CIT starting in 2026.
Overpaid Tax Handling: For small businesses that temporarily paid CIT in the first quarter of 2026, such amounts will be offset or refunded according to overpaid tax principles.

This exemption policy does not apply to small businesses that operate as subsidiaries if their parent company reports a total annual revenue exceeding VND 1 billion.

Streamlining FDI Entry: Business Establishment Before IRC

On April 29, 2026, the Ministry of Finance issued Official Letter No. 5427/BTC-DNTN, clarifying new provisions under the Law on Investment No. 143/2025/QH15. Foreign investors now have greater flexibility in the order of their investment registration.

Comparison of Investment Registration Methods

Method	Registration Order	Requirements
Method 1 (Traditional)	Apply for IRC first, then establish business	Enterprise registration dossier must include the IRC
Method 2 (New)	Establish business first, then apply for IRC	Business registration dossier does not require IRC

Under Method 2, foreign investors only need to provide formal commitments that they will meet all market access conditions. The business registration authority is responsible only for verifying the validity of the dossier; it is not responsible for appraising the content of the investor’s commitment, which remains the sole responsibility of the investor.

Updates on E-Invoices and VAT Compliance (Official Letter 2193/CT-CS)

The Department of Taxation issued Official Letter No. 2193/CT-CS on April 8, 2026, to address ongoing concerns regarding electronic invoices and value-added tax (VAT).

Critical Compliance Points

Cash Register Invoices: E-invoices generated from cash registers must strictly comply with Clause 2, Article 91 of the Law on Tax Administration and relevant decrees to ensure data integrity.
Collection Activities: For invoices related to collections assigned by state agencies, if the buyer lacks a tax identification number, the invoice must not display one. Additionally, specific goods/services sold to individual consumers are exempt from showing the buyer’s name and address.
Exported Goods Returns: If exported goods for which VAT was previously refunded are returned, taxpayers must file an additional declaration (Article 47, Law on Tax Administration) and pay back the refunded tax plus late payment interest.
Input VAT Corrections: If a business discovers errors in input VAT deduction, they may file an additional declaration before the tax authority announces an official inspection decision.
- If the error increased the payable tax, it is declared in the month/quarter the error was incurred.

If the error reduced the payable tax or impacted deductible VAT, it may be adjusted in the period the error was detected.

Capital Transfer Tax: Determining the Precise Taxable Timing

Regarding share transfer activities, the Tax Department noted in Official Letter No. 2710/CT-CS (April 28, 2026) that the time of determining taxable income from capital transfer is the time of actual transfer of capital ownership under the transfer contract.

Ownership-Based: This timing applies regardless of whether the payment has been collected or not.
Declaratory Responsibility: The Vietnamese company where the capital transfer between foreign investors occurs is responsible for declaring and paying the tax on behalf of the foreign investor, pursuant to Circular 78/2014/TT-BTC.

Frequently Asked Questions (FAQs)

Q: If my small business is a subsidiary, am I eligible for the new CIT exemption?

A: No, if your parent company has a total annual revenue exceeding VND 1 billion, the subsidiary is not entitled to this specific exemption.

Q: Can I establish a business in Vietnam before getting an Investment Registration Certificate?

A: Yes, under the new Law on Investment No. 143/2025/QH15, you may establish the business first and apply for the IRC later.

Q: What if I detect an input VAT error after the tax period has passed?

A: You may make an additional declaration, provided the tax authority has not yet announced a decision on tax examination or inspection.

Conclusion & Strategic Consultation

The legal landscape in 2026 presents both new opportunities and complex compliance requirements. Ensuring your business remains aligned with these updates is essential to avoid penalties and optimize tax efficiency.

If you require professional guidance on restructuring your tax filings, managing investment registration, or ensuring compliance with the latest VAT regulations, our team is ready to assist.

Contact us today for a comprehensive legal and tax consultation tailored to your FDI business in Vietnam.

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Company Activities, Lasted News

[China] Company Trip: Well-Deserved Reward and a Journey to Expand Global Perspectives

Posted on 29/05/202629/05/2026 by SEN

Every tax season leaves behind intellectual challenges, late-night shifts illuminated by endless numbers, and meticulous document reviews by the Vina TPT team. Understanding that our most valuable assets are our diligent and passionate employees, the Board of Directors recently organized a special journey to Enshi – Zhangjiajie – Fenghuang Ancient Town (China). Far from a conventional retreat, this trip served as a meaningful token of appreciation. It offered every team member an opportunity to step out of their comfort zones, broaden their worldviews, and collectively recharge their batteries for upcoming milestones.

A Well-Deserved Reward After a High-Pressure Tax Season

For a professional firm that always prioritizes service quality and client satisfaction, the recent period was a demanding test of both mental strength and endurance for our entire workforce. Intense deadline pressures and the need for absolute mathematical accuracy were ultimately rewarded by the absolute trust of our partners and clients.

Consequently, this company trip was much more than a routine annual benefit. It was the most sincere “thank you” from the leadership team to every single member—those who dedicated themselves wholeheartedly day and night. After hours of intense work, strolling together along the tranquil Tuojiang River in Fenghuang Ancient Town served as an invaluable emotional remedy to wash away fatigue and restore inner balance.

The Leadership’s Vision: Learning and Expanding Worldviews

At Vina TPT & Classlib, we believe that top-tier talent should not only excel within the four walls of an office but should also possess rich life experiences and an open mindset. Field trips, physical exposure, and firsthand experiences allow everyone to gain their own profound insights.

Learning from the Grandeur of Nature and Human Innovation: Witnessing how humans engineered the magnificent mountain-spanning cable car system or the Glass Skywalk (San Dao Jing) at an altitude of over 1,400 meters, each member drew personal lessons about the power of willpower and breakthrough thinking.
Immersing in Cultural Experiences to Enrich Mindsets: Exposure to a new culture, savoring local cuisine, and admiring thousands of years of ancient architecture significantly enriched our team’s life experiences. As our worldviews expand, our perspectives on work and our approaches to solving client problems become more multi-dimensional, flexible, and creative.

Recharging Warriors’ Spirits for Ambitious Goals

The Gala Dinner night exploded with the slogan “Work Hard, Play Hard,” bringing this meaningful journey to a spectacular close. Returning from the trip, the suitcases of every Vina TPT member held not only beautiful souvenirs but, more importantly, a fully renewed warrior spirit.

Our journey to Zhangjiajie flawlessly fulfilled its mission: honoring hard work, connecting hearts, and inspiring breakthroughs. The leadership’s commitment to investing in people and corporate culture reaffirms that Vina TPT remains an ideal workplace—a place where every individual is valued, nurtured, and given the opportunity to experience, learn, and grow comprehensively.

Become a Part of the Vina TPT Family

Are you looking for a “work hard, play hard” environment where you can gain hands-on experience dealing with complex operations for foreign-invested enterprises, and wrap up busy project seasons with amazing journeys to expand your worldview alongside incredible teammates?

Vina TPT is continuously welcoming talented individuals to join us on our path of creating sustainable value.

👉 Explore our latest career opportunities today:

How to apply:

Send your CV to email: adm@vinatpt.com
Email Subject: [Position] – Full Name

For any questions, please contact our hotline/Zalo: 0984 980 069 or fanpage of Vina TPT

Company Formation, Lasted News

Starting an Import Export Company in Vietnam: A Guide to Licenses & Procedures

Posted on 15/04/2026 by SEN

Import export company in Vietnam – is 100% foreign ownership allowed in this sector?

Vietnam has emerged as one of Southeast Asia’s most dynamic trading hubs, supported by a strong network of Free Trade Agreements (FTAs) including CPTPP, EVFTA, UKVFTA, and RCEP. These agreements provide preferential tariff rates, streamlined market access, and enhanced supply chain efficiency for both import and export activities. Combined with modern logistics infrastructure such as the deep-water ports at Cai Mep-Thi Vai and Cat Lai, along with expanding international airports, Vietnam offers foreign investors an ideal gateway to establish an import export company in Vietnam.

In 2026, the Law on Investment 2025 (effective from March 1, 2026, with conditional business lines from July 1, 2026) introduces significant improvements, including an optional ERC-first pathway and a substantial reduction in conditional sectors. This guide provides a clear, up-to-date roadmap for setting up a 100% foreign-owned (FDI) import-export company in Vietnam, covering the legal framework, licensing steps, post-incorporation compliance, tax obligations, and practical FAQs.

1/ Legal Framework for Import Export Company in Vietnam

Vietnam’s investment regime for foreign direct investment (FDI) in trading activities is based on the Law on Investment 2025, the Law on Enterprises 2020 (as amended), and the Law on Foreign Trade Management 2017. Since its WTO accession in 2007, Vietnam has progressively liberalized trading rights and grants national treatment to properly registered foreign-invested enterprises (FIEs).

Key features under the 2025 Law include:

100% foreign ownership permitted for most general trading, import, and export activities.

Trading rights automatically granted through registered business lines (VSIC codes) in the IRC and ERC, allowing import and export of non-prohibited goods.

Reduction of approximately 38 conditional business lines and revision of another 20 sectors (effective July 2026), making the setup process more investor-friendly.

Optional ERC-first approach: Eligible investors can incorporate the company before obtaining the Investment Registration Certificate (IRC), with the IRC to be secured within 12 months.

Understanding Trading Rights: Import, Export, and Distribution

Import export company in Vietnam – clear differentiation helps prevent common compliance issues:

Export rights: Allow purchasing goods domestically and exporting them. FDI companies generally enjoy this without additional licensing for non-restricted items.

Import rights: Permit bringing goods into Vietnam for resale, processing, or internal use, in line with the registered business scope.

Distribution rights (wholesale/retail): More strictly regulated and may require additional approval from the Department of Industry and Trade (DoIT), especially for certain consumer goods. Pure import-export operations typically do not need full distribution rights.

Accurate registration of VSIC codes and project objectives is essential to avoid customs delays or operational restrictions.

2/ Step-by-Step Licensing Process for FDI Import Export Company in Vietnam

The licensing process has become more flexible in 2026. The traditional route is IRC → ERC, but the new optional ERC-first path accelerates initial incorporation for qualifying projects. The overall timeline is typically 4–8 weeks, handled mainly by the provincial Ministry of Finance.

Foreign investors are required to obtain two key certificates before operating a business, including an import export company in Vietnam.

Step 1: Securing the Investment Registration Certificate (IRC)

The IRC approves the investment project, including capital, location, objectives, and business lines.

Required documents include:

Application form for investment registration.

Detailed investment project proposal (business activities, capital sources, and timeline).

Proof of the investor’s financial and legal capacity (bank statements, audited accounts, or commitments; passports and business documents must be consular legalized and translated into Vietnamese).

Proof of business address (lease agreement or ownership documents).

Processing time: Approximately 5-7 weeks for standard projects (longer for conditional cases).

The IRC serves as the legal foundation for company formation and trading rights.

EXPLORE SET UP COMPANY SERVICES

Step 2: Obtaining the Enterprise Registration Certificate (ERC)

Apply for the ERC via the National Business Registration Portal to establish the legal entity and obtain a tax code.

Key documents: import export company in Vietnam

Copy of IRC (if applicable).

Company charter.

List of members/shareholders and legal representative details.

Power of attorney (if needed).

Processing time: 7 – 10 working days.

The ERC enables opening a Direct Investment Capital Account (DICA), signing contracts, and starting preparatory operations.

>>> Reference: Essential Step For Setting Up a Company in Vietnam| Trading Businesses

Step 3: The Mandatory “Business License” for Trading Activities

For pure import export company in Vietnam, no separate general trading license is required beyond properly registered business lines in the IRC/ERC, thanks to Vietnam’s WTO commitments. Trading rights are embedded in these certificates.

However, attention is needed in the following cases:

Distribution/wholesale activities: May require a specific Business License for goods trading and related activities from the Department of Industry and Trade (DoIT).

Restricted or conditional goods (e.g., rice, sugar, petroleum, tobacco, certain chemicals): Additional permits or quotas from relevant ministries are mandatory.

Post-setup: Register for a customs code if engaging in frequent import/export operations.

Always cross-check HS codes against the latest prohibited and restricted lists (updates to Decree 69/2018/ND-CP and its successors). Many investors overlook the DoIT sub-license when distribution elements are involved, leading to compliance gaps.

3/ Essential Post-Incorporation Compliance & Tax Planning

After obtaining the licenses, the focus shifts to operational readiness and risk mitigation.

Capital Contribution Rules (The 90-Day Deadline)

Investors must fully contribute the registered charter capital within 90 days from the date of ERC issuance (excluding time for asset transportation, import, and ownership transfer). Failure to meet this deadline may result in administrative fines, blocked bank transactions, or requirements to adjust the charter capital. Choose a realistic capital level that matches your anticipated trade volume. All capital contributions must be made through the dedicated DICA.

Overview of Tax Planning

Corporate Income Tax (CIT): Standard rate of 20%. Preferential rates (10% for 15 years or 17% for 10 years) and exemptions are available for encouraged sectors, locations, or export-oriented projects.

Value-Added Tax (VAT): 0% on exports (with possible refund of input VAT); standard 10% or reduced rates on imports and domestic sales.

Import/Export Duties: Preferential or zero rates under FTAs, with exemptions on machinery and equipment for qualifying projects.

Early tax planning helps optimize cash flow, especially for export-focused businesses.

4/ Key Taxes FDI Trading Companies in Vietnam Must Comply With

FDI trading companies must comply with the following key taxes:

VAT: Charged on imports (creditable or refundable for exporters); 0% rate on qualified exports.

CIT: 20% on taxable profits, with available incentives and 5-year loss carry-forward.

Personal Income Tax (PIT): Progressive rates from 5% to 35% on employee salaries, plus withholding on certain foreign payments.

Import/Export Duties: Calculated based on HS codes and applicable FTAs — critical for profit margin planning. Restricted goods may be subject to quotas or special taxes.

Foreign Contractor Withholding Tax: Applies to payments for overseas services (combined CIT + VAT).

Maintaining accurate accounting records is essential for claiming VAT refunds and duty exemptions. Audits and customs inspections are common, so robust bookkeeping is highly recommended. For specific goods such as petroleum or rice, additional excise or consumption taxes may apply.

>>> Download Vietnam Tax Handbook For Investor

5/ FAQ: Frequently Asked Questions about Setting Up an Import Export Company in Vietnam

> What is the minimum capital requirement?

There is no statutory minimum capital for general trading companies. However, the charter capital should be realistic and sufficient for the intended business scale. Typical starting amounts range from USD 20,000 to USD 100,000 or more, depending on operations.

> How long does the entire licensing process take?

Usually 6–8 weeks for obtaining the business license for import–export activities. Additional time is required for restricted goods or distribution rights.

> Which items are restricted or prohibited?

Prohibited items include weapons, explosives, and certain used consumer goods. Restricted items (requiring special licenses or quotas) include rice, petroleum products, tobacco, sugar, certain chemicals, and cultural products. FDI companies often face limitations when exporting rice or trading petroleum.

> Do I need a physical office or warehouse?

A registered business address is mandatory. Virtual offices have certain limitations; however, at the initial stage, you may use a virtual office to complete the company registration before securing a suitable physical location.

Warehousing requirements will depend on your specific business model.

> Can business lines be amended later?

Yes, you can amend or add business lines later. This process requires approval from the licensing authority.

6/ Conclusion & Strategic Consultation Offer for Import Export Company in Vietnam

In 2026, establishing an import export company in Vietnam has never been more accessible, thanks to the streamlined Law on Investment 2025, strong FTA benefits, and excellent logistics infrastructure. By properly following the IRC and ERC process, registering accurate trading rights, meeting the 90-day capital contribution deadline, and maintaining tax compliance, foreign investors can successfully enter one of Asia’s most promising trade markets.

However, nuances related to conditional goods, distribution rights, and post-setup obligations still require careful attention to avoid unnecessary delays or penalties.

Our specialized Vina TPT legal team provides comprehensive support for FDI company formation, licensing, tax optimization, and ongoing compliance tailored specifically for import export businesses in Vietnam.

Contact Vina TPT today for a personalized consultation and turn your import-export ambitions into a compliant and profitable operation in Vietnam.

BOOK A FREE CONSULTATION

(This guide is based on regulations as of April 2026. Laws and implementing decrees may be updated — please consult official authorities or qualified legal and tax advisors for your specific situation.)

Lasted News, Accounting & Tax

[Newsletter] Vietnam Tax Policy Updates February 2026 – VAT, CIT, PIT, and Tax Administration

Posted on 07/04/202609/04/2026 by SEN

The Vietnam Tax Policy Updates for February 2026 have been officially released, marking a significant shift in the regulatory framework for VAT, CIT, FCT, and tax administration procedures. For FDI enterprises operating in Vietnam, staying closely aligned with these Vietnam Tax Policy Updates is the key to maintaining compliance, optimizing cash flow, and preparing for future tax audits.

1. Value Added Tax Updates

Advertising Revenue from YouTube Subject to 10% VAT Rate

According to Official Letter No. 1068/CT-CS issued on February 12, 2026, the information in the Vietnam Tax Policy Updates clarifies the VAT obligations for digital content creators:

Period before July 1, 2025: In cases where a company receives revenue sharing (typically 55%) from Google (YouTube) through video uploads, this total income is identified as revenue from advertising activities. Accordingly, the enterprise is mandatory to declare and pay VAT at a rate of 10%.
Period from July 1, 2025 onwards: VAT policies will be strictly applied according to the Law on Value Added Tax No. 48/2024/QH15. Businesses should pay special attention to invoice and document conditions to correctly apply these new regulations.

2. Corporate Income Tax & Foreign Contractor Tax

Reforming Documentation Procedures for International Transactions

This month’s Vietnam Tax Policy Updates record significant efforts in reducing administrative procedures related to CIT and FCT:

FCT Compliance: An important change is the abolition of the requirement to submit copies of business licenses or practice certificates of foreign contractors to the tax authorities. Instead, taxpayers only need to store these documents at the enterprise’s headquarters for tax administration inspection purposes upon request.
CIT Finalization: The tax administration authority has issued new general declaration forms for CIT and host country profits, helping to simplify calculations for petroleum activities (including forms 03-1A, 03-1B, 03-1C/TNDN).
Collateral Assets: Quarterly tax declaration dossiers for credit institutions declaring on behalf of taxpayers with collateral have also been officially abolished, helping to reduce the periodic reporting burden.

3. Personal Income Tax Updates

Significant Simplification of Family Circumstance Deduction Dossiers

A prominent highlight in the Vietnam Tax Policy Updates this time is the reduction of unnecessary paperwork for PIT from salaries and real estate transfers:

PIT from Salaries & Wages: Employees and businesses no longer have to submit copies of tax deduction documents if the paying organization has sent full electronic data to the tax administration system.
Dependent Registration: Separate dependent registration forms (Form 07/DK-NPT-TNCN, 07/THDK-NPT-TNCN) are officially abolished. Instead, this information will be integrated directly into the individual’s first-time tax registration process.
Real Estate Transfer: Dossiers are simplified to the maximum by removing the requirement to submit copies of identity cards (CCCD) and notarized transfer contracts. Taxpayers only need to provide simple photocopies instead of originals or certified copies as before.

4. Land Use Tax & Petroleum Activities

New Forms to Improve Management Efficiency

To improve efficiency in tax administration, the Vietnam Tax Policy Updates have introduced updated forms:

Non-agricultural Land Use Tax: A new declaration form has been issued, allowing taxpayers to directly register for tax exemption or reduction on the declaration without having to prepare a separate dossier as previously required.
Petroleum Sector: Natural resource tax, CIT, and host country profits have now been consolidated into general declaration forms for both provisional calculation and year-end finalization, creating data synchronization.

5. Tax Administration: Penalty Framework under Decree 310

Effectively starting from January 16, 2026, Vietnam Tax Policy Updates emphasize the amendments in Decree No. 310/2025/ND-CP. This decree changes the face of tax administration activities through:

Invoice Penalties: Adjusting the fine bracket for acts of issuing invoices at the wrong time or failing to issue invoices according to regulations.
Aggravating Circumstances: Clearly defining “large-scale” violations based on the number of violating invoices or the total amount of tax evaded (including VAT, CIT, etc.).
Right to Accountability: Updating new procedures allowing taxpayers to exercise their right to accountability before official administrative sanction decisions are issued.

6. Transitional Provisions for 2026

Understanding the transition period is the most critical part of the Vietnam Tax Policy Updates to avoid systematic errors:

For the 2025 Tax Period: Businesses continue to perform declaration and finalization according to the old forms prescribed in Decree 126/2020/ND-CP and Circular 80/2021/TT-BTC.
For Tax Periods from 2026 onwards: All new forms mentioned in this Vietnam Tax Policy Updates newsletter regarding VAT, CIT, and FCT will officially become mandatory.

Conclusion

The updates in the Vietnam Tax Policy Updates for February 2026 show a clear trend: Simplifying administrative procedures while tightening tax discipline through digitalization. Proactively adjusting to these new regulations is a vital factor for every business.

At Vina TPT, we specialize in handling complex situations related to VAT, CIT, and FCT. Our team of experts is always ready to ensure that your tax administration processes are fully compliant with the latest changes from the Vietnam Tax Policy Updates.

Contact Vina TPT today for professional tax advice!

Legal News

[Hiring] SENIOR HUMAN RESOURCES CONSULTANT

Posted on 07/04/2026 by SEN

1. ABOUT VINA TPT

Vina TPT is an Accounting – Tax – HR – Business Advisory services company. We focus on providing value-added financial consulting services which aim at creating a strong competitive advantage for our clients in a rapidly changing environment.

2. Recruitment position

We are currently seeking a Senior Human Resource Consultant to join our team. This role offers an excellent opportunity for experienced HR professionals to work closely with FDI companies in Vietnam and deliver comprehensive HR solutions in a dynamic, international business environment.

As a Senior Human Resource Consultant, you will be involved in end-to-end HR service delivery, including recruitment support, labor contract management, payroll and benefits administration, and handling employee relations matters. You will also play a key role in ensuring compliance with Vietnamese labor regulations while supporting clients in their day-to-day HR operations.

This position is ideal for candidates who are detail-oriented, proactive, and eager to further develop their expertise in HR consulting, while building long-term career growth in a professional services setting.

3. Working location:

Vina TPT office – 83B Hoang Sa, Tan Dinh Ward, HCMC

4. Job description / Main responsibility:

As a Senior Human Resources Consultant, you will be able to participate in providing HR services for FDI companies in Vietnam. You will have the opportunity to gain critical skills that are essential to advance career paths in the field of HR services.

Receive and process recruitment-related documents, including posting job openings, screening candidates, scheduling interviews, and tracking results;

Perform procedures related to labor contracts, including drafting contracts, managing employee records, and monitoring contract expiration dates;

Manage the salary and benefits system, including calculating salaries, bonuses, allowances, and insurance benefits;

Resolve labor relations issues, including disciplinary actions, handling complaints, and advising employees on labor law-related matters;

Perform other HR administrative tasks, including managing employee records, tracking leave days, and updating employee information;

Other tasks/duties as requested by clients/service team leaders, etc.

5. Requirements:

Educational Background:

– Bachelor’s degree in Human Resource Management, Law, Economics, or related fields;

– Professional certifications such as SHRM-CP, SHRM-SCP, or equivalent are preferred.

Work Experience:

– At least 03 years of experience in Human Resources, including at least 02 years in a similar position;

– Experience working in a multinational corporation or FDI company is preferred;

– Experience working in HR consulting firms, global management consulting firms, or specialized consulting firms, or internal experience in large-scale projects is a plus.

Skills and Knowledge:

– Proficient in English (both speaking and writing);

– Excellent communication, presentation, and negotiation skills;

– Knowledge of Vietnam Labor Law and regulations related to FDI companies;

– Comprehensive HR management skills, including recruitment, training, performance management, compensation and benefits, and labor relations;

– Problem-solving, critical thinking, and effective teamwork skills;

– Ability to work independently and under high pressure;

– Proficient in HR management software and office productivity tools;

– Experience in change management and HR transformation is a plus;

– Demonstrated success in current role and experience in one or more of the company’s core capabilities.

6. Benefits:

Salary and Bonuses:

Gross Salary: Basic Salary + Allowances à NEGOTIABLE

+ Basic Salary: From 60% or more of Gross Salary (social insurance contributions based on the Basic Salary)

+ Allowances: about 40%

Bonuses: 13th-month salary + performance-based bonus (based on individual KPI evaluation and company business performance).

Evaluation:

Performance evaluation: one per year;

Salary review: one per year (based on evaluation results and company business performance).

Other Benefits:

Insurance:

- Social insurance, health insurance, unemployment insurance in accordance with the law;

- Supplementary health insurance (private insurance) for employees and their families (depending on position and seniority).

Leave: 12 annual leave days.

Health check-up: Annual health check-up.

Training and Development:

- Opportunities to participate in professional training courses to improve skills;

- Training cost support (depending on the program and company regulations);

- Career development and promotion opportunities within the company.

Working Environment:

- Professional, dynamic, and friendly working environment;

- Opportunities to work with leading experts in the industry;

- Participation in team-building activities and company events.

Other Benefits:

- Travel and business trip allowance (if applicable);

- Other employee benefits policies.

How to Apply

If you are passionate about content creation and want to start your marketing career with real-world experience, please send your CV and a short cover letter (if available) to:

Email: trunghieunhi@vinatpt.com (CC email: infor@vinatpt.com)
Email Subject: [Senior HR Consultant] – Full Name

For any questions, please contact our hotline/Zalo: 0984 980 069

Contact VINA TPT for Support

(+84) 984 980 069
infor@vinatpt.com
www.vinatpt.com
5th Floor, More Building, 83B Hoang Sa, Da Kao Ward, District 1, HCMC

Accounting & Tax, Lasted News

Outsourced Bookkeeping Services in Vietnam: Why It Helps Businesses Grow Faster

Posted on 24/02/202624/02/2026 by SEN

Managing in-house financial records often drains vital time and capital that should be spent on business expansion. Instead of struggling with complex tax compliance and reporting, savvy businesses are turning to outsourced bookkeeping to reduce overhead costs and guarantee professional accuracy.

This article explores how outsourced bookkeeping services as a strategic growth engine, highlighting the specific challenges it solves, the seamless workflow provided by Vina TPT, and the ideal timing to transition for maximum operational freedom.

1. What is Outsourced Bookkeeping?

Outsourced bookkeeping means delegating your daily financial tasks: transaction recording, bank reconciliations, invoice management, financial statements, VAT/CIT reporting, and compliance to a professional external team. Unlike hiring a full-time accountant (with high salary, benefits, and training needs), you pay a fixed monthly fee for expert, scalable support.

This model is perfect for SMEs and foreign-invested companies in Vietnam that want to avoid local accounting complexities while staying compliant with VAS, IFRS, and tax regulations.

Learn more about Vietnamese accounting standards (VAS)

2. Key Challenges of In-House Bookkeeping That Slow Growth

In-house bookkeeping often creates hidden barriers:

High salary costs for qualified accountants (VND 15 – 30 million/month + insurance and bonuses).
Constant training to keep up with frequent law changes (VAT adjustments, e-invoice mandates, CIT updates in 2026).
Risk of penalties from errors in reporting or late filings (fines can reach tens of millions VND).
Management time wasted on admin instead of sales, product development, or market expansion.
Difficulty scaling during rapid growth or seasonal peaks without adding headcount.

These issues can consume 20–30% of operational budget and delay business momentum.

3. How Outsourced Bookkeeping Accelerates Business Growth

Partnering with Vina TPT for outsourced bookkeeping drives faster growth by:

Offering predictable low costs, typically 30% cheaper than in-house, freeing capital for marketing, hiring, or R&D.
Ensuring expert compliance, our team is always updated on 2026 regulations, eliminating penalty risks and audit stress.
Providing scalable support, handle increased transactions or headcount seamlessly without hiring extra staff.
Delivering faster, accurate reporting and real-time financial insights for better strategic decisions.
Allowing focus on core business, leaders concentrate on sales, innovation, and expansion instead of paperwork.

Explore Outsourced Bookkeeping Services

4. How Vina TPT’s Outsourced Bookkeeping Service Works

Vina TPT’s service is designed to be simple, secure, and efficient for foreign and local businesses.

Process overview:

Free consultation & needs assessment: We discuss your business size, transaction volume, current setup, and goals.
Secure data handover: Transfer existing records (bank statements, invoices, contracts) via encrypted portal.
Daily/weekly bookkeeping: Our certified accountants record transactions, reconcile accounts, manage payables/receivables, and prepare trial balances.
Monthly compliance & reporting: Deliver accurate financial statements, VAT/CIT returns, e-invoice filings, and tax declarations on time.
Ongoing advisory & support: Unlimited queries, year-end audit preparation, and strategic financial guidance.

All work is 100% compliant with Vietnamese laws, using secure cloud tools. Pricing is transparent and flexible, starting from VND 3 million/month based on volume (no hidden fees).

5. When to Choose Outsourced Bookkeeping

This serivce is the strategic choice for newly established startups, SMEs with 1 to 50 employees, and high-growth firms looking to scale without administrative friction. It is particularly essential for businesses navigating complex compliance requirements, such as VAT, CIT, and e-invoicing allowing leadership to mitigate regulatory risks while focusing entirely on expansion. By transitioning to this service, companies can ensure professional financial management while maintaining the agility needed to thrive in a competitive market.

6. Conclusion

Outsourced bookkeeping eliminates major growth barriers: high costs, compliance headaches, and time lost on admin. With Vina TPT, you get reliable, expert support at a fraction of the cost—freeing your team to focus on what drives success: expansion and innovation.

Ready to accelerate your growth? Contact Vina TPT today for a free consultation and personalized cost-saving assessment. Let our experts handle your bookkeeping so you can build your future in Vietnam.

BOOK A FREE CONSULTATION

Company Formation

Set Up Company Service in Vietnam for Foreigners – Expert Setup & Free Consultation 2026

Posted on 24/02/202624/02/2026 by SEN

Vietnam remains a top FDI destination in 2026, with strong economic growth, favorable FTAs, and attractive incentives in high-tech, manufacturing, and renewable energy sectors. For foreign investors, accessing this market through company formation offers huge potential, but the process involves complex regulations, IRC/ERC registration, document legalization, and compliance hurdles that can be time-consuming and risky without proper support.

In this article, we provide a clear, step-by-step guide on how to use our set up company service in Vietnam for foreigners. We cover detailed timelines, required documents, costs, and key steps, while highlighting how Vina TPT’s professional service makes the entire process fast, compliant, and hassle-free Law on Investment 2020 (Luật đầu tư 2020)

1. Why Choose Vietnam for Company Setup in 2026

Vietnam continues to be a premier investment hub, allowing 100% foreign ownership in most industries and offering no minimum capital requirements for many sectors. Investors can also benefit from generous tax incentives, including CIT reductions and exemptions for priority projects. In 2026, the landscape is even more efficient; with e-ID integration and streamlined online submissions via the National Business Registration Portal, utilizing a professional set up company service ensures a faster, more transparent, and fully compliant entry into this booming market.

Types of Business Entities for Foreigners

Entity Type	Foreign Ownership	Minimum Capital	Main Activities Allowed	Best For
100% Foreign-Owned LLC	100%	No (most sectors)	Full trading, manufacturing, services	Most foreign investors
Joint Venture	Partial	Varies	Shared ownership with local partner	Restricted sectors
Branch Office	100%	No	Same as parent company (limited scope)	Expanding existing business
Representative Office	100%	No	Market research, liaison only	Testing market before full setup

The 100% Foreign-Owned LLC is the most popular and flexible option for foreigners seeking full control.

2. Step-by-Step Set Up Company Process

The entire process typically takes 2 – 4 months in 2026, depending on sector, document readiness, and province.

Step 1: Obtain IRC (30 – 45 Working Days) Submit your investment dossier – including the business plan, legalized parent company certificates, and office lease – to the DPI. This certificate approves your project’s scale and legitimacy. Non-conditional sectors often see faster approval through 2026’s expedited digital tracks.
Step 2: Get ERC (7 -10 Working Days) Once the IRC is approved, file for your Enterprise Registration Certificate via the National Portal. This step officially establishes your legal entity and tax ID. The process is now fully streamlined online, ensuring a rapid turnaround for foreign investors.
Step 3: Post-Setup Tasks (1 – 3 Weeks) Finalize operations by engraving the company seal, opening corporate bank accounts, and registering for e-invoices. Be mindful that delays often stem from document legalization or specific sub-license requirements. Our set up company service at Vina TPT proactively manages these hurdles to keep your launch on track.

Explore the Service

3. Common Challenges and How Vina TPT’s Set Up Company Service Helps You Succeed

Foreign investors often encounter delays from incorrect document legalization, misunderstanding conditional sectors, or missing the 90-day capital contribution deadline after ERC issuance. Choosing the wrong entity or location can also lead to higher costs and ongoing compliance issues.

Vina TPT’s set up company service gives you a clear edge:

End-to-end support: We manage everything—from free company name check, document preparation & legalization, IRC/ERC submission, to bank account opening, tax registration, and full post-setup compliance.
Faster timeline: With over 20 years of experience and strong relationships with DPI offices nationwide, we complete most setups in 2–3 months (often faster than average).
Risk-free & fully compliant: 100% data protection, transparent fixed pricing (no hidden fees), and zero-penalty guarantee through expert legal review.
Exclusive advantages: Free initial consultation, name availability check, and feasibility assessment before you commit—saving you time and avoiding costly mistakes.

Hundreds of clients from the US, EU, Japan, Singapore, and Korea have successfully launched their businesses in Vietnam through Vina TPT—focusing on growth instead of paperwork.

4. Start Your Business Journey in Vietnam with Vina TPT

Setting up a company in Vietnam in 2026 is more accessible than ever, thanks to streamlined regulations and strong FDI support. With the right partner, you can go from idea to operational business quickly, compliantly, and cost-effectively.

Ready to get started? Contact Vina TPT today for your free consultation, company name check, and personalized set up company service plan. Let our experts handle the details so you can focus on building your success in Vietnam.

BOOK A FREE CONSULTATION