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Qualifying for CIT Incentives in Vietnam – A Guide for Foreign Companies

2026-03-05
Vietnam implements several preferential corporate income tax (CIT) policies aimed at attracting investment in key strategic industries and spurring the development of deprived areas of the country. Tax incentives in Vietnam are governed by a multi-layered regulatory framework that comprises laws, guiding decrees, and sector-specific policy decisions. As a result, determining which incentives are available for a company or investment project can be complex, as relevant provisions and eligibility requirements are spread across an array of documents.

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China Briefing

China’s Two Sessions 2026: Key Takeaways from the Government Work Report

03/05/2026

Two Sessions 2026 opened with China setting a GDP growth target of 4.5%–5% as outlined in Premier Li Qiang’s Government Work Report.

India Briefing

India-Canada CEPA 2026: Modi-Carney Sign Terms of Reference, Target US$50 Billion Trade by 2030

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After an extended period of diplomatic strain, 2026 marks a decisive opportunity for India and Canada to recalibrate their bilateral relationship.

Vietnam Briefing

Vietnam’s VAT Refund: Expanded Eligibility and Stricter Compliance Rules

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Vietnam’s amended Value Added Tax (VAT) Law introduces expanded VAT refund eligibility for investment and export-oriented businesses, while tightening compliance requirements that could expose companies to greater audit scrutiny and refund risks.

Middle East Briefing

Türkiye Proposes 10 Percentage Crypto Income Tax and Transaction Levy on Service Providers

03/05/2026

Türkiye has proposed a new crypto taxation framework introducing a 10 percent withholding tax on profits from digital asset transactions and a 0.03 percent levy on crypto service providers.

ASEAN Briefing

How the Iran Conflict Should Change Energy, Supply Chain, and Market Entry Planning in ASEAN

03/04/2026

For companies evaluating investment or expansion in Southeast Asia, the escalation involving Iran introduces a new variable that must now be embedded directly into project planning.

China Briefing

Guangzhou and Foshan Simplify Foreign Hiring with New Mobility Rules

03/04/2026

The Guangzhou Foshan new foreign talent measures introduce a fast‑track policy framework designed to streamline work permits and cross‑city mobility.

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Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.

Middle East

Middle East Briefing

Türkiye Proposes 10 Percentage Crypto Income Tax and Transaction Levy on Service Providers

03/04/2026

Türkiye has proposed a new crypto taxation framework introducing a 10 percent withholding tax on profits from digital asset transactions and a 0.03 percent levy on crypto service providers. The measure reflects growing regulatory oversight as the country emerges as one of the world’s largest cryptocurrency markets.

 

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Asia Briefing publishes articles, magazines, and guides on doing business in Asia.
It has been produced by Dezan Shira and Associates since 1999.

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