- M&A News: The Caterers JSC and Epicure Catering Company Limited.
- M&A News: Indochine Engineering and Tokyu Construction Corporation
- What the data says about business pandemic resiliency in Vietnam
- Tax Audits in Vietnam
- Investing in Vietnam—Corporate Income Tax Incentives
- New Tax Administration Rules and E-Commerce Business in Vietnam
- Tax Incentives for Vietnam's Agriculture Sector
- Share and Asset Deals in Vietnam
- Indirect Offshore Capital Transfer and Potential Capital Gains Tax in Vietnam
- Vietnam - Tax Implications for Foreign Individuals
- Covid-19 and the resilience of the private sector
- Value-Added Tax Refunds in Vietnam
- What are available tax incentives for foreign investors in Vietnam?
- Loss making MNCs in Vietnam and transfer pricing implication
- How to manage Permanent Establishment (PE) risk exposure of Representative Office in Vietnam
- Vietnam—Benefits of Intra-Group Transactions in MNEs
- Women in business
Grant Thornton Vietnam is pleased to announce that we, in the role of a financial advisor, have successfully supported our client – The Caterers JSC - to complete a full sale of its business to Epicure Catering Company Limited.
Grant Thornton Vietnam is pleased to announce that we have successfully supported our client – Indochine Engineering - to complete a full sale of its business to Tokyu Construction Corporation (TYO 1720:JP), in the role of a lead advisor.
Nguyen Dinh Huy and Nguyen Hung Du, of Grant Thornton Vietnam, explain how businesses need to prepare for a tax audit in Vietnam, looking at the common areas likely to be challenged by the tax authorities.
“The most resilient companies have a strong online presence, have invested in IT security systems, and have a wider variety of suppliers. This data points to these conclusions, so it may be worthwhile for business owners and managers to consider.” The initial report with results of the Business Pandemic Resilience Diagnostic conducted by Digitech Transformation - Grant Thornton Vietnam has revealed some notable and surprising findings from analysed factors of resilience along key aspects of business operations.
Vietnam is one of the most potent and attractive markets for foreign investors. However, due to regulation changes, there are significant challenges for investors in the implementation of corporate income tax incentives for expansion investment projects. Understanding the incentives that Vietnam currently changes and offers can help investors in optimizing tax expenses and minimizing tax collection. In the recent article featured on Bloomberg BNA, Ms Tran Nguyen Mong Van and Mr Nguyen Hung Du, Director and Partner of Tax Services of Grant Thornton Vietnam presented and discussed notable points in terms of CIT whilst investing in Vietnam from professional perspectives.
The Tax Administration Law in Vietnam has brought notable changes to improve tax collection and to keep abreast of changes to the digital economy. Valerie Teo and Nguyen Tan Tai, of Grant Thornton, consider the impact of the new law, effective from July 1, 2020, on e-commerce business in Vietnam.
In the globalization of Vietnam’s economy, many international business organizations have been doing cross-border business with Vietnamese party by assigning their expatriates to Vietnam to execute the contract without establishing a subsidiary. Tax implication for these designated foreign individuals and the tax protection available under a double tax agreement will be discussed in the recent article by experts from Grant Thornton Vietnam, Valerie Teo – Tax Partner and Nguyen Tan Tai – Tax Services Manager
Many foreign investors have been investing into Vietnam through a holding company or subsidiaries of their group located overseas, not only aiming to achieve convenience in their internal business management but also tax efficiency for their future exit plan. Foreign investors have been able to take advantage of unclear regulations on the taxing mechanism of offshore acquisitions leading to the indirect transfer of the Vietnamese enterprise over the past few years. In the recent article conducted by Ms. Lac Boi Tho, Tax Services Director and Mr. Nguyen Hung Du, Tax Partner of Grant Thornton Vietnam, the tax implications on the income derived from an indirect offshore capital transfer in Vietnam will be discussed in details.
The Grant Thornton International Business Report (IBR) is the world’s leading mid-market business survey, interviewing senior executives every quarter in listed and privately-held companies all over the world.
Mergers and acquisitions are useful tools in facilitating corporations in deploying their business in Vietnam. This can be structured in two common ways, (i) purchase of shares, or (ii) purchase of assets. An acquisition in the form of a share deal, which can preserve tax attributes and licensing benefits of the target entity, is the option more frequently used in Vietnam. In the article reviewed by Ms Valerie Teo – Partner and Ms Luong Thuy Trang – Manager of Tax Services, Grant Thornton Vietnam, some of the most important considerations should contemplate before making a decision on the form of acquisition in Vietnam will be discussed further.