Tax services

View this page in: Tiếng Việt

We provide a full range of services to our clients including advice and compliance services in relation to corporate income tax, value added tax, withholding tax and personal income tax. We also assist on customs issues and transfer pricing. We keep our clients abreast of the latest developments in Vietnamese taxation laws and advise them on the most effective ways to structure their operations in Vietnam and provide early warnings and guidance on dealing with emerging risks.

Our services include:

  • Tax Consulting and Compliance
  • Tax Health-check
  • Government Liaison, Tax Risk Management and Dispute Resolution
  • Transfer Pricing
  • Tax Due Diligence
  • Payroll Outsourcing
  • Personal Income Tax / International Assignment Services
  • Immigration Services
  • Customs Services
  • Tax Audits

Tax Consulting and Compliance

We provide advice and compliance services in relation to various types of taxes such as corporate income tax, value added tax, withholding tax, personal income tax, customs and transfer pricing.

Tax Health-check

We have developed a structured tax health-check to provide our clients assurance that their tax affairs are under control. We provide information about existing tax compliance issues, enabling these to be managed effectively. We help in evaluating risks and identify appropriate remedial actions where relevant.

Government Liaison, Tax Risk Management and Dispute Resolution

A good working relationship with Vietnam’s decision-makers is imperative in successfully doing business in Vietnam, in particular in the area of tax. PwC Vietnam has a Government liaison team, with representation in Hanoi and Ho Chi Minh City that forms part of our tax services offerings. Through this regular dialogue with authorities we are able to advise clients in Vietnam on the frequently changing regulations, and assist clients which are undergoing tax audits.

Transfer Pricing

We assist our clients in the preparation or review of the statutory annual transfer pricing returns to ensure completeness and consistency and in the preparation of transfer pricing documentation. We also provide a full evaluation of our clients’ transfer pricing position and provide practical recommendations to mitigate transfer pricing risks and develop transfer pricing strategies that support changes or conversion of business operations. In case of disputes with the tax authorities or in support of tax audits, we can facilitate negotiations with competent authorities and assist in the resolution of disputes and shorten tax audit periods through the satisfactory resolution of issues.

Tax Due Diligence

Together with colleagues in our deals advisory and legal teams, we support mergers and acquisitions by providing comprehensive tax due diligence services. We assist clients in evaluating the tax risks of deals, determining appropriate and tax effective deal structures and related transactional support on tax issues.

Payroll Outsourcing

Outsourcing payroll related tasks to PwC is a cost-effective solution for companies that either lack in-house expertise, or want to focus on their core businesses and are keen to reduce fixed costs in operations. We provide monthly payroll calculation and net salary payment arrangements. We detail the calculation of monthly deductions including personal income tax, social insurance, unemployment insurance and health insurance in deriving the net salaries of the employees of our clients, and prepare monthly payslips and reporting. We assist companies operating or setting up their own payroll function by providing project management services for payroll system implementation.

Personal Income Tax / International Assignment Services

With a dedicated International Assignment Services team, we offer comprehensive solutions that help to maximize business value from international assignments. We provide personal income tax (PIT) compliance services to a wide range of companies and individuals in Vietnam including preparation and filing of monthly and annual PIT declarations. We also provide PIT advisory services such as tax efficient remuneration structure and advice on cross border mobility issues.

Immigration Services

We assist companies and individuals on immigration compliance including visa and work permit in respect of expatriate employees working in Vietnam.

Customs Services

We assist companies in determining their compliance level with Vietnamese customs legislation and effective customs planning. We also provide in-house customs and trade training to companies to increase awareness of typical customs and trade compliance issues and risks, as well as customs duty savings opportunities.

We advise clients on how to take advantage of Free Trade Agreement benefits when sourcing from and selling to overseas. We also assist companies in identifying other facilities that may be available to reduce or delay custom payment obligations. In addition, we assist clients in managing customs audits.

Tax Audits

Tax audits are an ongoing and normal element of the tax authorities’ enforcement programme, but they are difficult to manage and require a thorough understanding of the tax regulations and the tax audit process. Adequate planning and a clear strategy are required. Liaising with the tax authorities can be challenging, and specialist skills are essential. Inexperienced staff can also hinder the ability to achieve a reasonable outcome. Our team has extensive experience in dealing with tax audits and liaising with the tax authorities, which enables us to assist our clients in all phases of a tax audit.