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Extension for the deadline of VAT, CIT, PIT, and land rental fee payment in 2022

Extension for the deadline of VAT, CIT, PIT, and land rental fee payment in 2022

6/7/2022

The Vietnam Government has recently issued Decree No. 34/2022/ND-CP on extending the deadline for payment of Value Added Tax (“VAT”), Corporate Income Tax (“CIT”), Personal Income Tax (“PIT”), and land rental fee in 2022. The decree has come into effect on 28 May 2022 and shall expire on 01 January 2023.

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Updated Tax guidance on Personal Income Tax treatment

Updated Tax guidance on Personal Income Tax treatment

11/18/2021

The Resolution No. 68/NQ-CP issued by the Government which comes into effect since 1st July 2021 has cut down on the contribution rate of the employer’s labour accident and occupational disease (“LA & OD”) insurance contribution from 0,5% to 0% for the period of twelve (12) months since 1st July 2021 up to 30th June 2022.

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