Legal News

[HCM] Hiring | Human Resources Consultant Assistant

Posted on 12/11/202509/06/2026 by SEN

Human Resources Consultant Assistant at Vina TPT – a great choice for those looking for jobs in Vietnam. This role offers the opportunity to work with FDI companies, gain hands-on experience in accounting and tax, HR advisory, and build your career in a professional, dynamic environment.

About Vina TPT

Vina TPT is a reputable and professional Accounting, Tax, HR, and Business Advisory Services company in Vietnam. Our mission is to deliver value-added financial consulting services that help clients achieve a strong competitive advantage in a rapidly changing business environment. We specialize in providing tailored solutions for FDI companies in Vietnam, helping them navigate complex tax regulations, streamline accounting processes, and ensure compliance with local laws.

By joining Vina TPT, you will become part of a dynamic and professional team, working alongside industry experts and gaining experience across multiple sectors.

Job description / Main responsibility:

As a Human Resources Consultant Assistant, 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 consulting.

Support the salary and benefits system for Clients, including calculating salaries, bonuses, allowances, insurance benefits, Personal Income Tax (PIT) declarations;
Support performing procedures related to labor contracts for Clients, including drafting contracts, managing employee records, and monitoring contract expiration dates;
Support receiving and processing recruitment-related documents for Clients, including posting job openings, screening candidates, scheduling interviews, and tracking results;
Support resolving labor relations issues for Clients, including disciplinary actions, handling complaints, and advising employees on labor law-related matters;
Perform other HR administrative tasks for Clients, including managing employee records, tracking leave days, and updating employee information;
Other tasks/duties as requested by Clients/HR team leaders, etc.

Working location: Company Office – 83B Hoang Sa, Tan Dinh Ward, Ho Chi Minh City

Requirements:

Educational Background:

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

Work Experience:

– At least 02 years of experience in Human Resources, specifically Compensation and Benefits (C&B);

– Experience working in the field of HR consulting is preferred.

Skills and Knowledge:

– Proficient in English (both speaking and writing);

– Good communication skills;

– Knowledge of Compensation and benefits and regulations related Vietnam Labor Law;

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

– Ability to work independently and under high pressure;

– Proficient in office productivity tools.

Benefits:

Salary and Bonuses:

Gross Salary: Basic Salary + Allowances => NEGOTIABLE

+ Basic Salary: 70% of Gross Salary (social insurance contributions based on 70% of Gross Salary)

+ Allowances: 30%

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 a motivated and experienced professional seeking a challenging yet rewarding career, send your CV to join Vina TPT as a Human Resource Consultant Assistant in Ho Chi Minh City.

📩 Email: adm@vinatpt.com
📌 Email Subject: [HR Assistant] – Full Name

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

Apply Now

Accounting & Tax, Lasted News, Legal News

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

Posted on 20/10/202525/02/2026 by SEN

1/ Overview of Tax Breaks and Their Importance for FDI Businesses

Tax breaks, also known as tax incentives, are government measures that reduce or exempt taxes to support businesses and individuals. These aim to boost investment, drive economic growth, and ease financial burdens. In Vietnam, tax breaks typically include exemptions, reduced rates, or deductible expenses. They help companies lower operating costs, boost net profits, and expand operations—especially amid post-pandemic recovery and global competition.

For foreign direct investment (FDI) businesses, tax breaks serve as both financial tools and strategic advantages to attract capital. Under the 2025 Corporate Income Tax Law (No. 67/2025/QH15), these policies align with international commitments like the 15% global minimum tax. This creates competitive edges, encourages reinvestment, and generates jobs in Vietnam.

Here’s a summary of key benefits for FDI businesses:

Reduced operating costs: Save 10-15% on tax obligations, improving cash flow.

Increased profits: Support expansion in production and research and development (R&D).

Talent attraction: PIT tax breaks lower taxes for foreign experts.

Sustainability support: Promote investments in green sectors and high-tech industries.

Explore the common tax breaks available in Vietnam to maximize benefits for your FDI enterprise.

2/ Common Types of Tax Breaks Currently Available

Vietnam’s government is refining tax policies to aid businesses during economic recovery, focusing on priority sectors like technology, green manufacturing, and exports. Starting in 2025, incentives apply to key taxes: Corporate Income Tax (CIT), Value-Added Tax (VAT), and Personal Income Tax (PIT). Each targets different groups and goals, helping FDI businesses cut financial loads and enhance competitiveness. Below is a comparison table:

Tax Type	Main Incentives	Applicable Entities	Duration
CIT	Exemption for 2-4 years, 50% reduction thereafter	FDI businesses in priority sectors	6-15 years
VAT	Reduction from 10% to 8%	Goods and services (exclusions apply)	Until December 31, 2026
PIT	Family deduction of VND 11 million/month (rising to VND 15.5 million/month from 2026)	Individuals and foreign experts as residents	Annual

2.1 Corporate Income Tax (CIT) Incentives Effective from October 1, 2025

Corporate Income Tax (CIT) directly impacts FDI business profits. From October 1, 2025, the 2025 CIT Law (No. 67/2025/QH15) expands incentives to attract high-quality investments. FDI enterprises starting new projects in high-tech fields, disadvantaged areas, or economic zones qualify for CIT exemptions for 2-4 initial years and a 50% reduction for the next 4-9 years. Preferential rates can drop to 10% for specially prioritized projects, 15% for small and medium enterprises, or 17% for investments in favored locations.

Incentives are categorized by:

Sector: High-tech, education, healthcare—exemption for 4 years, 50% reduction for 9 years.

Location: Disadvantaged areas—10% rate for 15 years.

Investment scale: Projects over EUR 750 million apply the 15% global minimum tax.

Summary table:

Incentive Type	Conditions	Duration	Reduction Level
Exemption	High-tech projects	4 years	100%
Rate reduction	Favored locations	15 years	10-17%
50% reduction	New investment projects	4-9 years	50%

Impact on FDI businesses:

Cost savings up to 20-30%, boosting net profits and reinvestment.

Encourages production growth and local job creation.

Example: An FDI company investing USD 100 million in a high-tech zone could save tens of millions in taxes over the first 10 years.

FDI enterprises should consult tax experts early to ensure proper reporting, legal workforce use, and eligibility maintenance. Compliance from the start avoids audits, penalties, and maximizes legal tax breaks.

Maximize Your Tax Incentives Today

2.2 Value-Added Tax (VAT) Incentives Effective from July 1, 2025

From July 1, 2025, Decree 174/2025/ND-CP reduces Value-Added Tax (VAT) from 10% to 8% until December 31, 2026, to stimulate consumption and support business recovery. This applies to most goods and services, excluding telecommunications, finance, and real estate. For FDI businesses, VAT tax breaks lower input costs, enhance cash flow, and strengthen export competitiveness.

Specific benefits:

Lower production costs: Imported materials face reduced VAT.

Export support: Exported goods at 0% VAT, plus 8% reduction on related services.

Example: An FDI firm exporting high-tech software enjoys full VAT exemption, saving 8-10% on costs.

Key procedures:

Declare VAT using new forms and electronic invoices.

Collect valid documents for deductions or refunds.

Note: Does not apply to specially taxed imports.

2.3 Personal Income Tax (PIT) Incentives

Personal Income Tax (PIT) continues to directly impact the income of workers, especially foreign experts in FDI enterprises.

From 2026, the personal allowance has been adjusted upwards to VND 15.5 million/month for the taxpayer themselves and VND 6.2 million/month for each dependent. This increase in allowances helps reduce tax obligations, improve disposable income, and enhance the attractiveness of the Vietnamese labor market.

At the same time, the PIT tax schedule has been simplified, reduced from 7 brackets to 5, with progressive tax rates.

PIT tax breaks for FDI businesses:

Reduced taxes for foreign experts: Residents (present in Vietnam 183+ days/year) get deductions, cutting personnel costs.

Exemptions for certain income: Stock transfers (if qualified) and foreign allowances.

Notes:

Update income regularly to prevent back taxes.

From 2026, updated policies will help FDI firms attract top global talent more easily.

Download Vietnam Tax Handbook For Investor

3/ Key Benefits: How Tax Breaks Help Save Costs and Expand Business

Tax breaks directly cut tax liabilities, increasing net profits and providing capital for FDI businesses to reinvest. Experts estimate savings of 10-20% on overall costs, enabling scale-up and global competition.

Analysis from three angles:

Financial: CIT and VAT reductions improve cash flow and reduce quarterly tax debts.

Strategic: Encourage investments in priority areas like green technology, enhancing brand value.

Human resources: PIT incentives lower salary costs, aiding recruitment of international and local experts.

In summary, tax breaks not only save costs but also unlock business growth, allowing FDI enterprises to contribute sustainably to Vietnam’s economy.

4/ Leveraging Tax Breaks with Vina TPT Tax Services

To fully utilize tax breaks, FDI businesses need professional guidance from firms like Vina TPT—a Vietnam-based expert in tax and accounting. With experience supporting hundreds of FDI clients, Vina TPT identifies suitable incentives, prepares compliant files, and handles timely declarations to avoid audits.

Standout advantages:

Expertise across industries, from manufacturing to technology.

Team knowledgeable in Vietnamese and international tax laws, with multilingual support.

Transparent reporting and competitive fees for cost optimization.

Support process:

Assess your business and identify applicable incentives.

Recommend tax plans and prepare registration documents.

Implement declarations and monitor policy updates.

Conduct regular reviews for ongoing compliance.

Tax breaks are essential for FDI businesses in Vietnam to optimize costs, boost profits, and expand investments—especially with 2025 updates like the 8% VAT reduction and CIT incentives for priority sectors. These changes support economic recovery and position Vietnam as an attractive destination for foreign investment.

Has your business maximized current tax incentives? Contact Vina TPT Tax Services today for a detailed analysis and tailored tax solutions—ensuring compliance and maximum savings!

Talk to a Tax Specialist

Company Formation

How to Establish Business in Vietnam: Step-by-Step Company Formation Guide with Vina TPT

Posted on 03/10/202506/04/2026 by SEN

Vietnam is becoming one of the most attractive startup and investment destinations in Southeast Asia thanks to its stable economic growth rate, increasingly open business environment and young, dynamic workforce. However, to successfully establish business in Vietnam, businesses and investors need to prepare a clear roadmap — from choosing the type of company and building the charter, to completing legal documents and applying for an operating license. Many founders turn to a professional company registration service or company formation services to streamline paperwork, ensure compliance and speed up market entry. Using a trusted business license service can simplify obtaining the necessary permits, including the startup business license Vietnam, which is critical for early-stage ventures and foreign-invested enterprises. Each stage requires accuracy and strict compliance with regulations. The following article will guide you step-by-step, helping you visualize the entire process from the idea stage to when the business officially starts operating legally in Vietnam.

1.Step 1: Planning Your Venture to Establish Business in Vietnam

Choosing the right type of business is the foundation for startups or investors to establish a business in Vietnam successfully and develop sustainably. In Vietnam, the three most popular models are:

Limited Liability Company (LLC): suitable for small and medium enterprises, simple management structure, limited liability according to capital contribution.
Joint Stock Company (JSC): suitable for large projects or enterprises with plans to raise capital, list shares.
Representative Office: often used for foreign enterprises that want to survey the market but have not yet directly operated.

Each model carries different regulations on ownership structure, management rights, tax obligations and capital mobilization ability. To make the right decision, investors need to clarify the following factors:

Business lines: Check whether the field of operation is on the list of conditional business lines or not. Some sectors such as education, finance, e-commerce or healthcare may require specialized licenses or limit the percentage of foreign investment.
Charter capital: This is the company’s committed capital and is clearly stated in the business registration dossier. The minimum capital will vary depending on the industry, however, most fields in Vietnam do not require a minimum capital, except for some specific industries such as banking, insurance, securities investment or real estate. This also creates flexible opportunities for investors, especially startups or FDI who want to test the Vietnamese market without having to commit too much capital. The capital stated in the charter also affects the quota for granting work permits to foreigners and future tax obligations.
Target investors: Legal procedures will be clearly different between domestic investors and FDI (foreign direct investment). FDI projects must go through the additional step of applying for an Investment Registration Certificate (IRC) before registering a business.
Pre-investment approval: Some large-scale projects or projects in sensitive sectors (e.g. real estate, energy) may require pre-approval from the Provincial People’s Committee or the Ministry of Planning and Investment before submitting the dossier to the company registration service.

Carefully analyzing these factors from the beginning will help businesses choose the right model, prepare accurate documents and significantly shorten the time to obtain a license.

2. Step 2: Preparing Documents with a Reliable Company Registration Service

Preparing documents for the Investment Registration Certificate (IRC) and Enterprise Registration Certificate (ERC) is the most important step in the process of establishing a business in Vietnam, especially for projects with foreign investment capital.

2.1 Investment Registration Certificate (IRC)

If the project has FDI capital, IRC is the first license allowing the investor to implement the project in Vietnam.

The required documents usually include:

Application for investment project implementation and Project proposal: stating the objectives, scale, location, investment capital, progress.
Proof of the investor’s financial capacity: bank statement, credit contract or collateral.
Legal documents of the investor:
- Individual: Notarized passport, consular legalization.
- Organization: Business registration certificate or equivalent document, consular legalization.
Project location: lease contract or land/office use rights certificate.

2.2 Enterprise Registration Certificate (ERC)

After the IRC is granted (or for 100% domestic-owned enterprises), the investor applies for an ERC – an official license for the enterprise to operate, and also the tax code of the company.

The ERC dossier usually includes:

Application for enterprise registration.
Company Charter: stipulates the organizational structure, powers of members/shareholders, capital ratio and management method.
List of members/shareholders and legal representatives: clearly state information, ownership ratio, voting rights.
Appointment decision and authorization letter (if any).
Capital contribution plan & financial evidence: bank statement or credit contract (especially important for large capital projects).

2.3 General Requirements and Important Notes

Consular legalization & translation: All documents of foreign investors must be notarized, consular legalized and translated into Vietnamese before submission. This is a factor that often prolongs the preparation time.
Valid head office address: Do not use apartment or collective house address.
Unified information: Company name, address, capital, industry… must be consistent on all documents.
Business line: Should choose a suitable industry and be qualified for investment to avoid being asked to make many changes.

2.4 Estimated time

Document preparation: 1-2 weeks, depending on the volume of documents and the level of complexity.

IRC appraisal: 20-45 working days.
ERC issuance: 10-20 working days after IRC (or similar if the enterprise is a domestic enterprise).

In fact, if the enterprise cooperates with a reputable company registration service, it will help the enterprise quickly handle the consular legalization, translation and submission of documents, shortening the time and increasing the possibility of being licensed the first time.

3. Step 3: Applying for an Enterprise Registration & Business License Service

For FDI projects, the licensing process usually consists of two main steps:

Investment Registration Certificate (IRC): Required for projects with foreign investment capital. Processing time: about 15–30 working days depending on the industry and locality.
Enterprise/Business Registration Certificate (ERC/BRC): Confirmation of business establishment. Processing time: about 10 working days after the application is approved.

The receiving agency is the local Department of Finance or through the National Business Registration Portal. From 2025, enterprises must register for corporate e-ID to submit documents and perform obligations online.

4. Step 4: Post-Registration Essentials for a Startup Business License in Vietnam

After receiving ERC/BRC, the enterprise needs to complete the following steps:

Engrave the legal seal and register the seal sample (if using a physical seal).
Open a bank account and complete capital contribution within the prescribed time limit.
Register for tax and get an electronic tax code.
Register for labor and social insurance.
Register to use electronic invoices for commercial transactions.

If not completed on time, the enterprise may be fined or have its license revoked.

AVOID PENALTIES – LET VINA TPT HANDLE YOUR SETUP

5. Maintaining Compliance with Ongoing Business License Service Support

Depending on the field of operation, enterprises may need to apply for additional specialized licenses after being granted an Investment Registration Certificate (IRC) and Enterprise Registration Certificate (ERC).

For example:

Food safety: Restaurants, cafes, food processing facilities must have a Food Safety Certificate.
Education/Training: Foreign language centers, private schools need an Education Operation License.
Fintech/Financial Services: Some activities such as payment intermediaries, peer-to-peer lending need a License from the State Bank.
Environment/Production: Manufacturing plants or projects with environmental impacts must prepare and obtain an Environmental Impact Assessment (EIA) Report.

In addition to additional licenses, enterprises must also maintain periodic compliance obligations, including:

Annual reporting: Submitting reports on operations and finances to the Department of Finance and tax authorities to ensure transparency.
Maintaining statutory capital: Some conditional industries (e.g. banking, insurance, real estate, logistics) require businesses to maintain a minimum statutory charter capital. If the actual contributed capital falls below the prescribed level, the business may be fined or have its license revoked.
Updating business information: Any changes related to capital structure, shareholders, legal representatives or head office address must be registered and notified to Department of Finance promptly. Delayed notification may result in administrative fines or invalidation of related transactions.

Applying for additional licenses or updating information usually has a specific time limit (usually 10–30 days depending on the type). Businesses should monitor closely to avoid being fined or having their business license revoked.

6. Why Choose Vina TPT Start-up Business License Service for End-to-End Setup

When establishing a business in Vietnam, especially for foreign investors or startups operating for the first time, handling the procedures to establish a business in Vietnam by yourself can be time-consuming, prone to legal errors and prolong the licensing time. This is when Vina TPT start-up business license service becomes the optimal solution, providing a full package of services from initial consultation to post-registration.

Outstanding advantages when cooperating with Vina TPT:

Consulting on international standard business structure: Legal experts analyze investment objectives, business lines and charter capital to propose suitable types (LLC, JSC, Representative Office).
Preparing documents & representing ERC/IRC submission professionally: Vina TPT prepares all documents in Vietnamese and English, ensuring compliance with regulations and increasing the rate of being licensed right the first time.
Support for consular legalization & multilingual translation: A team fluent in English, Japanese and Vietnamese helps shorten the time for legalizing documents for FDI investors.
Fast implementation – Cost savings: Shorten the time to apply for a business license service, limit errors leading to additional costs or administrative fines.
Post-registration & long-term compliance: Support for seal engraving, opening bank accounts, tax registration, labor declaration and guidance on applying for specialized licenses (food safety, education, fintech …).

With Vina TPT company registration service, businesses not only save time and costs but are also guaranteed that the entire process from startup business license Vietnam to actual operation is legal, transparent and safe.

Ready to start your business journey in Vietnam? Contact Vina TPT today to receive detailed advice and the most suitable business plan for your startup.

BOOK A FREE CONSULTATION

Labor & Insurance Knowledge

HR Outsourcing & Payroll Service: Smart Strategy for Education Centers to Keep Top Talent

Posted on 03/10/202506/04/2026 by SEN

1. The Hiring Challenge in Education Centers and Why Payroll Service Matters

Education centers in Vietnam, especially foreign language centers and training centers, are facing increasing pressure to compete for human resources. Attracting and retaining good teachers, especially foreign teachers, requires centers to ensure teaching quality while strictly complying with labor and tax regulations. Foreign teachers need work permits, Temporary Residence Card (TRCs), Visas and quarterly personal income tax declarations, forcing the human resources department to handle a complex workload and requiring in-depth understanding of Vietnamese law. In this context, accurate and transparent payroll services play an important role, helping centers ensure timely and correct salaries and bonuses, thereby strengthening their reputation and creating satisfaction for the teaching staff. Combining payroll outsourcing for education centers with a professional human resources process also helps minimize legal risks and maintain financial transparency.

2. How HR Outsourcing Vietnam Simplifies Staff Management for Education Centers

For education centers in Vietnam, maintaining a professional internal human resources department is both costly and requires a large amount of resources to ensure that the entire process of business accounting Vietnam. Foreign language centers and training centers often have to recruit both Vietnamese and foreign teachers, which means having to comply with complex regulations on labor contracts, work permits, TRC, Visa and personal income tax declaration. Each step – from social insurance registration, updating Vietnamese accounting standards (VAS), to managing salary and welfare data – has the potential risk of errors if there is no specialized team with legal knowledge.

HR outsourcing Vietnam service allows education centers to transfer the entire human resources management process to a professional service provider. The service provider will take care of everything from recruitment, contract drafting, timekeeping management, preparation and submission of social insurance documents, to tax compliance and reporting related to payroll outsourcing for education centers. When combined with payroll services, centers not only save operating costs and reduce internal staff, but also ensure that all processes are standardized and fully comply with Vietnamese laws, including financial reporting standards.

The integrated solution between HR outsourcing Vietnam and payroll services also helps education centers create a clear competitive advantage. Thanks to a centrally managed financial and human resource data system, centers can easily plan budgets, control salary costs, and detect early cash flow irregularities or signs of fraud. At the same time, the timely and transparent payment of salaries by payroll outsourcing services for education centers helps improve teachers’ experience, strengthen trust and long-term commitment.

With the support of professional HR & payroll services, education center leaders can focus more on core activities such as developing training programs, expanding services, and promoting enrollment marketing, instead of worrying about complicated HR and tax procedures. This is a comprehensive solution that helps education centers ensure compliance, optimize resources, and build a professional image in the eyes of teachers and students.

SIMPLIFY STAFF MANAGEMENT FOR YOUR EDUCATION CENTER

3. Payroll Services for Education Center to Boost Teacher Satisfaction and Loyalty

In the education sector, teacher experience directly affects teaching quality and training effectiveness. A professional working environment is not only reflected in the curriculum or facilities, but also in the way the center manages human resources and pays salaries.

Deploying payroll outsourcing services for education centers helps automate the entire payroll calculation process, ensuring accuracy, transparency and timeliness. Thereby, minimizing manual errors, fully complying with tax regulations and financial reporting according to Vietnamese law.

Especially for foreign teachers, professionally managed payroll also helps ensure compliance with legal requirements such as work permits, visas, TRC and personal income tax procedures. Salaries paid in full and on time will help teachers feel secure, avoiding problems with exchange rate differences or complicated deductions.

The synchronized payroll service application not only helps teachers receive their salaries quickly and transparently, but also improves teacher satisfaction and strengthens teacher loyalty. A professional salary and human resource management system demonstrates the center’s commitment to the interests of teachers, thereby creating a fair and trustworthy working environment. This is the key factor that helps the center retain good staff, build a stable teaching team and enhance brand reputation in the eyes of both teachers and students.

4. HR & Payroll Service as a Strategic Advantage in Education

Cooperating with an HR & payroll service provider is a necessary next step after education centers have optimized the teacher experience through payroll outsourcing for education centers. The core goal is to establish a sustainable human resource management strategy, ensure teacher engagement and promote long-term growth for education centers. When implementing both HR outsourcing Vietnam and payroll service simultaneously, the center not only reduces administrative burdens but also creates a clear competitive advantage in the teacher recruitment market – a very fierce factor in the education industry. Through professional management and systematization, this service allows centers to build flexible, attractive and transparent salary and bonus policies, suitable for each group of personnel from Vietnamese teachers to foreign teachers. Thanks to that, all processes from salary calculation, tax deduction, to benefits are synchronized, minimizing errors and increasing the ability to adjust promptly to meet the development strategy of the center. More importantly, when combined closely with payroll outsourcing, the compensation policies become easier to track, easier to demonstrate, and increase teachers’ trust in the professionalism of the management unit.

By transferring the entire HR outsourcing Vietnam process and payroll service to experts, the center can focus resources on core activities such as curriculum design, teaching quality improvement, and enrollment marketing. This is not only an optimal operational solution, but also a long-term strategy to help education centers attract and retain high-quality teachers, strengthening their competitive position in the international education industry.

5. Why Education Center Choose Vina TPT HR & Payroll Service

Vina TPT HR & Payroll service provides comprehensive solutions, specifically designed for education centers in Vietnam, with outstanding advantages:

A team of multilingual experts: Proficient in English, Chinese, Japanese... effectively supports centers with foreign teachers, ensuring accurate communication and quick file processing.
Experience in international human resource management: Understanding the specifics of the education industry and labor regulations in Vietnam, especially work permits, visas, TRC and personal income tax for foreign teachers.
In-depth consultation on HR and payroll processes: Proposing solutions suitable for each center’s operating model, optimizing recruitment, contracts, timekeeping, insurance and taxes.
Fast, clear and transparent implementation: Support from system setup, operation to periodic reporting, helping centers save time and costs.
Absolute data security and legal compliance: Ensure all information about human resources, salaries and taxes is processed securely and in accordance with international standards.

Thanks to the combination of solid professional capacity and multilingual support, Vina TPT helps education centers feel secure from the recruitment stage, contract signing to the accurate, transparent and timely salary payment process.

6. Getting Started with Professional HR Outsourcing and Payroll Service

To effectively deploy HR outsourcing Vietnam and payroll service, education centers only need to provide information on human resource needs and scale of operations. Vina TPT will advise on optimal solutions, implement the entire package and provide transparent periodic reports, ensuring that the entire process from recruitment, contracts, salary calculation to tax payment is performed accurately, confidentially and in compliance with the law.

Cooperating with Vina TPT HR & Payroll service is a strategic step to help the center save costs, reduce management burden and improve competitiveness in attracting and retaining high-quality teachers.

Contact Vina TPT today to deploy optimal HR outsourcing Vietnam and payroll service, helping your education center save costs and retain good teachers.

BOOK A FREE CONSULTATION

Accounting & Tax, Accounting News, Lasted News

Step-by-Step Accounting Procedures for FDI Enterprises in Vietnam

Posted on 09/09/202523/03/2026 by SEN

Accounting Procedures for FDI company in Vietnam

1/ Challenges of Accounting Procedures for FDI Vietnam

Foreign direct investment has become a cornerstone of Vietnam’s economic growth, attracting multinational corporations and small enterprises alike. However, the journey for FDI Vietnam operations is not without obstacles. One of the most pressing issues is compliance with accounting procedures that are both complex and highly regulated.

Unlike some jurisdictions where accounting systems are more flexible, Vietnamese accounting follows strict rules set by the Ministry of Finance. FDI companies frequently encounter barriers in understanding these procedures because the framework is rooted in local law, written in Vietnamese, and subject to regular amendments. The language barrier is significant, since all accounting documents and reports must be prepared in Vietnamese. This requirement often results in additional administrative costs and reliance on professional translation or advisory services.

Another common challenge is the fast-changing regulatory environment. Tax regulations, reporting requirements, and compliance obligations are updated frequently, sometimes annually. Without a reliable accounting guide, FDI companies may struggle to stay up to date, leading to errors and compliance risks. Moreover, differences in cultural and business practices can cause misunderstandings in financial communication between local partners and foreign headquarters.

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2/ What Are Accounting Procedures for FDI Operations?

When discussing accounting procedures in Vietnam, it is essential to understand that they go far beyond basic bookkeeping. For FDI enterprises, accounting procedures encompass the entire framework of recording, classifying, summarizing, and reporting financial transactions in line with Vietnamese accounting standards (VAS).

This includes maintaining accurate ledgers, preparing quarterly and annual financial statements, and fulfilling tax obligations such as value-added tax (VAT), corporate income tax (CIT), and personal income tax (PIT) for employees. Each of these tasks must follow regulations set by the Ministry of Finance and the General Department of Taxation. For example, financial statements must be prepared in Vietnamese dong (VND), regardless of whether the parent company reports in US dollars, euros, or another foreign currency.

In addition, all reports must be filed within strict deadlines. Late submission or inaccurate reporting can result in penalties or even suspension of business licenses. This is why FDI Vietnam businesses cannot treat accounting as a secondary matter. Instead, they must approach it as a core compliance function that directly impacts operational success and investor confidence.

3/ Key Differences Between Vietnamese Accounting (VAS) and International Standards (IFRS)

One of the most challenging aspects for FDI enterprises is reconciling Vietnamese accounting practices with international standards such as International Financial Reporting Standards (IFRS). The differences between the two systems are not merely technical but often affect how companies strategize their operations in Vietnam.

For instance, VAS is highly compliance-driven and closely tied to tax regulations, while IFRS prioritizes transparency and comparability for investors. This means that under VAS, companies may need to record expenses and revenues in ways that differ from international expectations. Furthermore, the language requirement poses additional complexity, as all accounting records must be maintained in Vietnamese, regardless of the company’s internal systems.

Currency is another significant difference. While multinational corporations often operate in USD or EUR, Vietnamese regulations require financial reporting in VND. This necessitates frequent foreign exchange translations, which may create discrepancies between local and global reports.

These differences are not insurmountable but require careful planning and professional support. Companies often rely on advisory services such as Vina TPT Accounting Service to ensure smooth reconciliation between VAS and IFRS. This allows them to satisfy both local authorities and international stakeholders.

Get Expert Accounting Support

4/ Risks of Non-Compliance with Vietnamese Accounting Regulations

The consequences of failing to follow accounting procedures in Vietnam can be severe. Financial penalties are the most immediate risk, as the tax authorities impose fines for late submissions, missing documents, or incorrect financial statements. However, the risks extend beyond monetary loss.

Non-compliance can damage a company’s reputation, eroding trust with local partners, regulators, and even investors abroad. For multinational corporations, reputational harm in one jurisdiction can quickly spread across global markets. Moreover, persistent violations may lead to stricter audits, sanctions, or even suspension of licenses.

There is also the risk of operational delays. For example, companies that fail to comply with accounting regulations may face challenges when applying for tax refunds, investment incentives, or expansion licenses. This creates unnecessary bottlenecks in growth strategies. According to the Ministry of Finance of Vietnam, maintaining compliance with financial reporting standards is a prerequisite for building credibility in the local market.

5/ How an Accounting Guide Helps FDI Companies in Vietnam

An effective accounting guide acts as a roadmap for FDI Vietnam businesses. Rather than reacting to compliance issues after they arise, companies can proactively manage their obligations through structured guidance. A comprehensive guide explains in detail how to maintain ledgers, prepare financial statements, and align reporting with both VAS and international standards.

The benefits of using an accounting guide are significant. It reduces the likelihood of errors in tax filings, ensures timely submission of reports, and provides clarity on the differences between local and international standards. For new entrants into the Vietnamese market, an accounting guide can shorten the learning curve and prevent costly mistakes.

Beyond compliance, such guides also help companies design internal processes that optimize efficiency. For instance, knowing how to structure payroll systems according to Vietnamese tax laws can save both time and resources. Access to reliable information from trusted sources such as Google Scholar further reinforces decision-making and ensures that companies rely on accurate, up-to-date knowledge.

6/ Vina TPT Accounting Service – Professional Solutions for FDI Enterprises

At Vina TPT Accounting Service, we recognize the difficulties foreign investors encounter when dealing with Vietnamese accounting regulations. Our mission is to provide professional, reliable, and customized solutions that help FDI enterprises thrive in Vietnam.

We offer comprehensive bookkeeping services tailored to the needs of foreign companies, ensuring all transactions comply with VAS. Our tax compliance support minimizes the risks of penalties and audits, giving businesses peace of mind. We also provide consulting services on IFRS-VAS reconciliation, helping companies deliver consistent and transparent reports to both local authorities and international headquarters.

What sets Vina TPT Accounting Service apart is our commitment to clarity. We develop customized accounting guides for each client, simplifying complex regulations into practical, easy-to-follow steps. This empowers foreign enterprises to focus on what matters most: growing their business in one of Asia’s most dynamic economies.

If your enterprise is seeking a reliable partner to navigate accounting procedures in Vietnam, Vina TPT is here to help. Visit our official service page for more details or contact us directly for a consultation.

Let Vina TPT Accounting Service be your trusted partner in Vietnam. Reach out today to secure compliance and accelerate your business success.

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Accounting & Tax, Lasted News

Vietnam Foreign Contractor Tax: Ultimate Guide for 2025

Posted on 22/08/202511/03/2026 by SEN

Vietnam Foreign Contractor Tax (FCT), also known as Foreign Contractor Withholding Tax (FCWT), is a crucial withholding tax regime in Vietnam that applies to non-resident entities earning income from goods, services, or other activities sourced in the country. Governed primarily by Circular 103/2014/TT-BTC and updated through recent decrees like Decree 181/2025/ND-CP and Circular 69/2025/TT-BTC, FCT combines Value-Added Tax (VAT) and Corporate Income Tax (CIT) or Personal Income Tax (PIT) components to ensure foreign businesses comply with local tax obligations. This tax is particularly important for foreign contractors, suppliers, and digital service providers operating in Vietnam without a permanent establishment (PE), as non-compliance can lead to penalties, audits, and barriers to market entry.

For quick assessment: Is FCT applicable to your business?

1/ Checklist for Vietnam Foreign Contractor Tax Applicability:

Are you a non-resident entity providing goods/services in Vietnam? (Yes/No)

Does the transaction involve Vietnam-sourced income? (Yes/No)

No permanent establishment in Vietnam? (Yes/No)

If mostly “Yes,” FCT likely applies—consult a tax expert.

Component	Description	Basic Rates (2025)
VAT	Tax on added value in transactions	2-5% (with 2% reduction extended to Dec 2025)
CIT	Income tax on profits	0.1-10% depending on activity
PIT	For individuals	Up to 10% on gross income

This overview sets the context: We’ll dive deeper into who pays, how to calculate, and tips for 2025 compliance, ensuring a logical flow from basics to advanced scenarios.

2/ What is Vietnam Foreign Contractor Tax (FCT)?

Foreign Contractor Tax (FCT) is a withholding tax imposed on payments made to foreign entities (non-residents) for income derived from Vietnam, regardless of where the contract is signed or services performed. It’s not a separate tax but a hybrid mechanism combining VAT and CIT (or PIT for individuals), withheld by the Vietnamese payer to simplify collection from non-residents. Introduced under Circular 103/2014/TT-BTC, FCT ensures foreign contractors contribute to Vietnam’s tax base without needing full residency.

In 2025, updates via Circular 69/2025/TT-BTC emphasize stricter enforcement on e-commerce, aligning with global digital tax trends. Unlike standard withholding taxes (e.g., on dividends), FCT applies broadly to service-inclusive transactions, preventing tax evasion in cross-border deals.

Key Components of FCT:

VAT Portion: Covers value added, creditable for Vietnamese parties.

CIT/PIT Portion: Taxes deemed profits.

Hybrid Nature: Allows flexibility in calculation methods.

For example, a foreign software firm licensing tech to a Vietnamese company pays FCT on royalties, contrasting with pure export taxes which might be exempt. This definition builds a foundation, leading to who it affects next.

3/ Who is Subject to FCT?

FCT targets non-resident foreign entities and individuals earning Vietnam-sourced income without a PE. This includes overseas contractors, subcontractors, suppliers, and digital platforms, as per updates in Official Letter 2200/CT-CS and 2025 regulations.

Main Subjects:

Foreign organizations providing services/goods in Vietnam.

Non-resident individuals (e.g., consultants) without 183-day presence.

E-suppliers like online marketplaces under new 2025 rules.

Type of Subject	Conditions for Applicability	Examples
Organizations	No PE; Vietnam-sourced income	Foreign engineering firms, SaaS providers
Individuals	Non-residents earning fees	Expat freelancers, licensors
E-Suppliers	Digital services to VN users	Streaming platforms, ad networks

Checklist to Determine Liability:

Income from VN contract? (Yes → Likely liable)

Services performed in VN or goods with installation? (Yes → Liable)

Treaty relief available? (Check DTAs)

If unsure, register for clarification to avoid penalties.

This section flows from definition to identification, highlighting 2025 e-supplier expansions for comprehensive coverage.

Get to tax expert

Transactions Subject to FCT

FCT applies to a wide range of cross-border transactions generating Vietnam-sourced income, including those with service elements. In 2025, this extends to digital distributions and royalties under tightened rules.

Categories of Transactions:

Goods sales bundled with services (e.g., equipment + installation).

Pure services (e.g., consulting, training).

Other income (e.g., interest, royalties, asset transfers).

Transaction Type	Description	Examples	B2B vs. B2C Comparison
Goods + Services	Sales with VN-linked support	Machinery import with setup	B2B: Higher scrutiny; B2C: Rare but taxable if services involved
Services	Performed for VN entities	IT consulting	B2B: Standard FCT; B2C: E-commerce focus in 2025
Other Income	Royalties, leases	Software licensing	Similar rates, but B2C digital often via platforms

Risks include misclassifying pure goods as taxable—contextual examples like SaaS vs. physical sales add depth, transitioning to exemptions.

Exemptions from FCT

Certain transactions escape FCT if they meet strict criteria, reducing burdens for pure trade.

Key Exemptions:

Pure goods supply without VN services.

Services wholly performed outside Vietnam.

Reinsurance, international transport (partial).

Exempt Scenario	Taxable Scenario	Reason
Goods delivered at border	Goods + VN installation	No service element
Offshore consulting	On-site training	Location of performance
DTA-covered royalties	Non-treaty interest	Treaty provisions

Always verify via DTAs; this hierarchy from common to specific ensures logical progression to calculations.

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4/ Vietnam Foreign Contractor Tax Calculation Methods

Foreign contractors can choose from three methods for FCT computation, each suiting different operational setups. Selection depends on eligibility and records, with 2025 updates favoring deduction for compliant firms.

Method	Conditions	Pros/Cons
Direct (Withholding)	No PE; simple records	Pros: Easy; Cons: Higher effective tax
Deduction (VAS)	PE or 183+ days; full accounting	Pros: Lower on net; Cons: Audit-heavy
Hybrid	Similar to Deduction; partial records	Pros: Flexible; Cons: Complex application

Overview: Start with eligibility check, then apply rates—detailed sub-sections follow for hierarchy.

4.1/ Direct Method (Withholding Method)

The simplest approach: Tax is withheld on gross revenue using deemed rates.

Steps:

Identify gross turnover.

Apply VAT (2-5%) + CIT (0.1-10%).

Vietnamese party withholds within 10 days post-payment.

Example: $100,000 service contract → VAT 5% ($5,000) + CIT 5% ($5,000) = $10,000 FCT.

Revenue Gross	Rate	Tax Due
$100,000	VAT 5% + CIT 5%	$10,000

Flow: From formula to deadlines, ensuring practical application.

4.2/ Deduction Method

Applicable Subjects:

Foreign contractors and foreign subcontractors are subject to tax when they meet all of the following conditions:

They have a permanent establishment in Vietnam or are identified as residents in Vietnam;
The duration of business operations in Vietnam under the contractor or subcontractor contract is 183 days or more, calculated from the effective date of the contract;
They comply with Vietnamese accounting regulations, register for tax, and are issued a tax identification number by the tax authority.

Methods of calculating VAT and Corporate Income Tax:

The declaration and determination of VAT and Corporate Income Tax are carried out according to the provisions of the VAT Law, the Corporate Income Tax Law, and related guiding documents.

4.3/ Hybrid Method

Applicable Subjects:

Foreign contractors and foreign subcontractors, upon meeting the conditions for applying the declaration method or the direct method, and simultaneously implementing accounting procedures as prescribed by law on accounting and guidance from the Ministry of Finance, must register with the tax authorities to declare and pay taxes. Accordingly, VAT is applied using the deduction method and corporate income tax is calculated as a percentage of taxable revenue.

VAT for foreign contractors:

The determination and calculation of VAT are carried out according to the VAT Law and related guiding documents.

CIT for foreign contractors:

CIT is calculated using the direct method as prescribed by current regulations.

5/ FCT Rates

Tax rates vary depending on the activity, with VAT at 2-5% (note that the 2% VAT reduction policy has been extended until the end of 2025 for certain industry groups) and corporate income tax from 1 -10%. Personal income tax (PIT) is governed by the law on PIT.

Activity	VAT Rate	CIT Rate	Examples
Construction	3%	2%	Building projects
Royalties	5%	10%	IP licensing
Services	5%	5%	Consulting

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6/ Declaration and Payment Procedures

Steps:

Declare quarterly via GDT portal.

Pay online within deadlines.

Text Flowchart: Registration → Declaration (quarterly) → Payment (10 days post) → Audit if needed.

7/ Frequently Asked Questions (FAQs)

What is the difference between FCT and standard withholding tax? FCT is broader, combining VAT/CIT for contractors, while standard applies to dividends/interest.
Is FCT applicable to e-commerce in 2025? Yes, with platforms withholding from July 1.
What if I have a PE? Switch to standard CIT; FCT may not apply.
Can I get a refund for overpaid FCT? Yes, via audit and claim within 5 years.
How to calculate FCT for hybrids? VAT on net, CIT on gross—consult for specifics.
Are there penalties for non-compliance? Up to 20% fines plus interest.

If you need expert assistance with Foreign Contractor Tax (FCT) in Vietnam.

VINA TPT Tax Consultancy specializes in providing optimal solutions for Foreign Contractor Tax (FCT) for foreign businesses and partners in Vietnam. We help you understand and comply with the latest 2025 regulations, ensuring:

With a team of experts boasting over 20 years of experience and deep expertise in international taxation, VINA TPT is committed to supporting your business, from registration and declaration to crafting tax strategies tailored to your business model.

Book a Free Consultation with Our Expert

Finance & Accounting Knowledge, Accounting & Tax, Accounting News, Lasted News

Accounting Services in Vietnam for FDI Compliance.

Posted on 19/08/202521/01/2026 by SEN

What service do FDI company need to stay compliant in vietnam

As Vietnam’s economy thrives with a surge in foreign direct investment (FDI), the demand for accounting services in Vietnam has become critical for businesses to comply with local regulations and optimize operations. This comprehensive guide explores accounting solutions, from compliance to outsourcing, empowering you to make informed decisions. Discover how VINA TPT Company Limited, a leading provider, can support your business needs.

What Are Accounting Services in Vietnam?

Accounting services in Vietnam encompass professional solutions that help businesses manage finances, adhere to legal requirements, and produce accurate reports. Distinguished by local standards like Vietnamese Accounting Standards (VAS) and the transition to International Financial Reporting Standards (IFRS), these services are vital in an open economic landscape.

Daily bookkeeping, including bank transactions and asset management.

Preparation of financial statements compliant with VAS/IFRS, tailored for FDI companies.

Tax advisory and lawful cost optimization.

Audit support and financial due diligence.

The growth of the accounting sector in Vietnam is closely tied to the rise of foreign enterprises, necessitating specialized solutions. For instance, a Japanese company in Ho Chi Minh City might require bilingual accounting services to meet internal and legal demands.

Benefits of Outsourcing Accounting Services in Vietnam

Outsourcing accounting services in Vietnam offers tangible benefits, especially for small and medium enterprises (SMEs) and FDI companies. Compared to in-house management, this approach saves costs, time, and reduces legal risks.

Cost savings: Avoid investing in expensive staff and software, paying only for service packages as needed.

Access to local expertise: Teams with deep knowledge of Vietnamese tax laws minimize penalty risks.

Focus on core business: Free up resources to focus on strategic growth rather than bookkeeping.

Rapid regulatory updates: Providers like VINA TPT stay updated with the latest regulations.

For example, a U.S. company in Da Nang cut administrative costs by 30% by outsourcing to VINA TPT while ensuring timely VAT compliance. This highlights the practical value of outsourcing amid Vietnam’s growing international investment climate.

Key Types of Accounting Services Available in Vietnam

1/ Bookkeeping and Financial Reporting

Bookkeeping and financial reporting form the backbone of accounting services in Vietnam, ensuring transparent business operations.

Record daily transactions, reconcile bank accounts, and manage assets.

Prepare financial statements per VAS, with IFRS conversion support when required.

Utilize accounting software like MISA or Fast for enhanced efficiency.

A small business in Ho Chi Minh City improved report accuracy to 95% by adopting this process with expert assistance.

2/ Tax Compliance and Advisory

Tax compliance is mandatory, and accounting services in Vietnam help businesses optimize financial obligations.

Tax Type	Rate (%)	Filing Period
VAT	0, 5, 8, 10	Monthly/Quarterly
CIT	15-17-20	Annually
PIT	5-35	Quarterly

File and submit VAT, CIT, and PIT taxes on time.
Offer tax optimization, VAT refund assistance, and dispute resolution.
Provide expertise in transfer pricing and Global Minimum Tax (Pillar Two).

Download Vietnam Tax Handbook For Investor

3/ Payroll and HR Services

Payroll and human resource management are crucial, particularly for foreign workers in Vietnam.

Calculate salaries, contribute to social and health insurance.

Assist with work permits and visas for foreign employees.

Draft labor contracts and manage personnel records.

Outsourcing saves 20% of administrative time compared to in-house management, especially in Ho Chi Minh City and Da Nang.

4/ Chief Accountant Appointment

Under Vietnamese law, companies must appoint a chief accountant, a need this service addresses.

Ensure compliance with related legal requirements.

Reduce internal management burdens for small businesses.

Outsourcing this role with VINA TPT helps new companies avoid violations.

5/ Audit Assistance and Due Diligence

Audit support and financial due diligence are essential for large enterprises.

Prepare documents for annual audits.

Conduct financial due diligence for M&A, adhering to Vietnamese standards.
Assist in explanations to regulatory bodies.

How to Choose the Right Accounting Service Provider in Vietnam

How do you select the ideal accounting services in Vietnam provider? Consider these key factors.

Experience: Teams with over 10 years in the field.

Certifications: Chief accountant and tax advisory credentials from the Ministry of Finance.

Bilingual support: Essential for FDI companies.

Factor	In-house	Outsourced
Cost	High (salaries, software)	Low (package-based)
Expertise	Limited	High (specialists)

VINA TPT offers bilingual (Vietnamese/English/Japanese) services and international certifications, surpassing many competitors.

Top Accounting Firms and Providers in Vietnam

Leading accounting services in Vietnam providers include:

Company	Strength	Contact
Acclime	Comprehensive FDI support	www.acclime.com
TMF Group	Global services	www.tmf-group.com
VINA TPT	Holistic solutions, expert team	www.vinatpt.com

VINA TPT stands out with over 20 years of experience, offices in Ho Chi Minh City and Da Nang, and a team led by Mr. Lê Quốc Duy—a renowned consultant for Japanese and international firms, contributing to Mizuho Asia Report and Japanese journals.

Frequently Asked Questions (FAQs)

What are the main taxes for foreign companies in Vietnam? VAT, CIT, and PIT with specific rates per regulation.

How much do accounting services cost in Vietnam? Ranges from $85-800/month depending on the package; contact VINA TPT for a quote.

Is outsourcing compliant with Vietnamese law? Yes, when using reputable providers like VINA TPT.

What documents are needed for tax filings? Invoices, financial statements, and labor contracts.
How to process a VAT refund? Reach out to VINA TPT for step-by-step assistance.

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