Alitium

In Alitium's latest podcast: "Governance and Reporting in Vietnam", as part of the Vietnam Insights Podcast series (Episode 5) - we cover a range of issues relevant to foreign investors with their ongoing statutory and corporate reponsibilities. 🎥 The podcast, shown below and linked here: https://lnkd.in/gAnXdW5A is hosted by Matthew Lourey and Adam Corrall, both industry experts and each with 20+ years experience in Vietnam guiding foreign investors. ▶️ Subscribe to the Alitium YouTube channel to watch the series, and to be notified of new episodes as released: https://lnkd.in/gW67JBfZ Contact Alitium for advice and assistance on market entry, ongoing compliance, transaction or consulting support in Vietnam: 📨 [email protected] 🛜 www.alitium.com Follow Alitium on Linkedin for regular publications about business in Vietnam #Vietnam #ALitium #Youtube #Podcast #Governance #Reporting

The common practice in Vietnam of engaging with individual contractors (commonly referred to as "Freelancers") presents a series of risks for both company and individual. 👉 The deemed employment risk is significant, and unless appropriate planning and processes are followed, both parties can suffer unintended consequences: from additional taxation, illegal termination through to insurance payments. It get's more difficult where the individual is a foreign individual. 📖 Read our article from Phuong Vo which discusses the issues that businesses and individuals should be aware of: https://lnkd.in/gA-Nu29c Reach out to Alitium if you would like to discuss how we can assist with your corporate compliance and strategy in Vietnam: 📨 [email protected] 🛜 www.alitium.com Follow Alitium on Linkedin for regular posts about doing business and being compliant in Vietnam #Vietnam #Alitium #Employment #Contractors #risks

Establishing a company in Vietnam commits the founders to a series of obligations for post-establishment and ongoing compliance. Many of these have specific deadlines, and not meeting the deadlines can have significant implications (for example: https://lnkd.in/g736JveB). Alitium's "Post Establishment Obligations for Company Incorporation in Vietnam" publication provides a comprehensive overview of the obligations and requirements arising once a company is established in Vietnam. The publication can be seen below, or downloaded directly here: https://lnkd.in/gQcV6Jhc Contact Alitium for assistance or guidance with establishing a company in Vietnam, and your post establishment obligations: [email protected] www.alitium.com Follow Alitium on Linkedin for regular posts on business in Vietnam. #Alitium #Vietnam #PostEstablishment #Incorporation #Obligations #Establishment #Compliance

Repatriation of funds from Vietnam is not only a significant challenge (yet very managable!), it represents the single biggest fear for a large number of new investors when starting their Vietnam investment strategy. The reality is that for a compliant organisation, with good governance and procedures, repatriation becomes simply a process in Vietnam. Planning is still required, but hurdles revolve around preparing documentation (not structural denials). Ignoring commercial transactions (including transfer pricing) between offshore and onshore parties, the capital and treasury strategies from Vietnam involve planning around: - Dividend repatriation (generally permitted once per year, where there are profits in the preceeding year and retained profits on the balance sheet), - Loan Management, using loans as a treasury and repatriation tool, and - Capital Management, using capital reductions on disposal on capital/shares as a tool for repatriating funds. Read our solutions article here where we discuss these in some more practical detail: https://lnkd.in/grCfM3GM For assistance with your strategy needs, reach out to Alitium: www.alitium.com [email protected] Follow Alitium on Linkedin for regular releases on Vietnam #Alitium #Vietnam #Capital #Repatriation #Dividends #loans

In our latest #Podcast (Episode 5), Matthew Lourey and Adam Corrall discuss Reporting and Governance in Vietnam for Foreign Investors. Alitium's podcasts are available on Youtube and Spotify. The direct link to youtube to watch/listen is: https://lnkd.in/ga8QXk9z Subscribe on YouTube to be notified of new podcasts as they are released: https://lnkd.in/gW67JBfZ Contact Alitium for assistance with your reporting, governance or general corporate assistance in Vietnam: [email protected] www.alitium.com Follow Alitium on Linkedin for regular posts on business in Vietnam. #Vietnam #Alitium #Podcast #Governance #Reporting

The issuance of VAT refunds for exporters of goods and services in Vietnam remains a bottleneck and concern for many. The fundamental concept of ensuring domestic input VAT is refunded to exporters, and does not accumulate within the cost of the goods for international competitiveness, is well understood, however the process that businesses need to manage and how the Vietnamese tax authorities deal with this continues to be challenging. At Alitium, we understand that a VAT refund is not just an application, it involves the entire business process – from how purchases are made, the allocation and recording of inputs in a production process, and the record keeping requirements at every stage prior to and after export. Read our guide below, or download here: https://lnkd.in/gYYMrTsG If you would like to know more about VAT refunds, or need assistance with your VAT refund, contact Alitium: [email protected] www.alitium.com Follow Alitium on Linkedin for regular posts about business in Vietnam #Vietnam #Alitium #VAT #Refunds #TaxRefund

Underlying tax risks for Vietnamese M&A transactions that involve the sale of an offshore holding entity (which owns the Vietnamese entity) exist, and not always planned for. The risks can be significant, and the potential tax arising needs to be considered in any M&A transaction. Read more here: https://lnkd.in/gGhEf75A Contact Alitium to assist with your market entry, transaction support or compliance needs in Vietnam: www.alitium.com [email protected] Follow Alitium on Linkedin for regular posts regarding Vietnam. #Vietnam #Alitium #MergerAcquisition #Tax #Offshore

If you’re uncertain about your Vietnamese company’s current compliance status or lack the transparency to identify potential issues, reach out to Alitium. We support both new and established businesses in achieving confidence and reliability in their compliance processes. Our Business Process Outsourcing team specializes in creating tailored solutions for foreign-invested companies in Vietnam, covering: • Taxation • Accounting • Payroll & HR • Bookkeeping • Management Reporting • Corporate Secretarial Services Contact Alitium to discuss your needs further - there is no charge for the first meeting. [email protected] www.alitium.com Follow Alitium on Linkedin for regular posts on business in Vietnam #Vietnam #Alitium #BPO #Compliance #Outsourcing #Accounting #Tax #Payroll #Bookkeeping #Reporting

Our recently launched podcast series is up to episode 4 (Accounting and Reporting in Vietnam), with more episodes continuing to be released. The episodes can be watched on youtube: Episode 1 - Corporate Structures in Vietnam: https://lnkd.in/gggsuyqG Episode 2 - Taxation in Vietnam: https://lnkd.in/gnu7CZEB Episode 3 - HR Compliance in Vietnam: https://lnkd.in/g6EvGu6k Episode 4 - Accounting in Vietnam: https://lnkd.in/gQT6Hiyr Alitium's YouTube channel can be reached directly here (for which you are welcome to subscribe): https://lnkd.in/gW67JBfZ Contact Alitium for further assistance with your corporate and compliance needs in #Vietnam [email protected] www.alitium.com Follow Alitium on Linkedin for regular posts on business in Vietnam #Vietnam #Alitium #Podcast #Advice

We asked a series of questions of our experts on what advice the would give foreign investors. Watch their answers and advice in Part 1 of our series. #Experts #Vietnam #ForeignInvestors #Advice Contact Alitium for further assistance with starting a business in Vietnam or ongoing compliance support: [email protected] www.alitium.com Follow Alitium on Linkedin for regular posts about business in Vietnam