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Tax & accounting for foreign companies in Vietnam: the essentials

July 23, 2025

Tax & accounting for foreign companies in Vietnam: the essentials

Vietnam's tax system is manageable once you know its rhythm. Here's what foreign-invested companies deal with.

The core taxes

  • CIT (corporate income tax): standard 20% on profits.
  • VAT: mostly 8–10%, filed monthly or quarterly.
  • Foreign Contractor Tax (FCT): on certain cross-border payments.
  • PIT (personal income tax): withheld on payroll.

Why local handling matters

Deadlines are strict and e-invoicing is mandatory. BusinessPartner.vn manages your books, filings and payroll so nothing slips — and so you can focus on growing, not compliance firefighting. Talk to us.

Tax & accounting for foreign companies in Vietnam: the essentials | VNIS Group