Legal Tax Structuring

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Tax Incentives for Foreign Investors in Vietnam: What Companies Should Review Before Relying on Them

AI Summary: Vietnam offers corporate income tax holidays, preferential CIT rates, import duty exemptions, and VAT treatment benefits for qualifying manufacturing projects — but incentives are not automatic. Eligibility depends on licensed activity, project location, sector classification, and ongoing compliance. Foreign investors should complete a tax and legal incentive review before site selection, licensing submission,…

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Vietnam Factory Setup FAQ (Q51–Q60): Tax, Accounting and Incentives

AI Summary: Questions Q51–Q60 cover the 20% standard CIT rate, preferential 10% rate for qualifying manufacturers, CIT exemption and reduction periods, when the tax holiday begins (first profitable year, not ERC issuance), VAT obligations, transfer pricing under Decree 132/2020, Foreign Contractor Tax on offshore payments, Vietnamese Accounting Standards, annual audit obligations, import VAT on machinery,…

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Vietnam Factory Setup FAQ (Q11–Q20): Legal Structure and Incorporation

AI Summary: Questions Q11–Q20 explain the IRC vs ERC distinction, the mandatory sequential approval process, LLC vs JSC entity choice, charter capital requirements, the 90-day capital contribution deadline, legal representative obligations, governance structure, and annual corporate compliance obligations for foreign-invested manufacturing companies in Vietnam. Attorney Vu Manh Quynh is the Managing Partner of ECOVIS Vietnam…

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IRC vs ERC Vietnam: Legal Structure and Incorporation for Foreign Manufacturers

AI Summary: The IRC (Investment Registration Certificate) and ERC (Enterprise Registration Certificate) are the two foundational licences for any foreign-invested manufacturing company in Vietnam. This guide explains the legal distinction between the two, the mandatory sequential approval process, charter capital obligations, legal representative requirements, and the governance framework for foreign-invested LLCs — with practical guidance…

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