Asia Market Research

In this newsletter, Grant Thornton Vietnam would like to update recent important regulations and important tax policies including:

• Regional minimum wages in 2020 increased since 01 January 2020

• Compulsory use of new electronic invoices when directly requested by tax authorities

• Personal Income Tax for overtime salary in excess of the prescribed cap level

• Validity of Temporary Residence Card of foreign workers in case of corporate merger

To review these changes and updates to Vietnamese regulations and tax policies and more, please review our latest report.

Update on new regulations and important tax policies

In this newsletter, Grant Thornton Vietnam would like to update recent important regulations and important tax policies including:

• Regional minimum wages in 2020 increased since 01 January 2020

• Compulsory use of new electronic invoices when directly requested by tax authorities

• Personal Income Tax for overtime salary in excess of the prescribed cap level

• Validity of Temporary Residence Card of foreign workers in case of corporate merger

To review these changes and updates to Vietnamese regulations and tax policies and more, please review our latest report.
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This report was provided by Grant Thornton Vietnam. For more information on Grant Thornton Vietnam, visit their website at: https://www.grantthornton.com.vn/vi/