Indirect Taxes
Indirect taxes in Vietnam include VAT, Special Sales Tax (SST) and customs duties. These taxes can result in significant impacts on the supply chain and the financial results of a business. They can have significant impacts on pricing, cash flow, absolute costs and risk exposures, therefore they must be managed properly.
We can help you deal effectively with your indirect tax issues, include advising on the implications of VAT, SST, customs duties of new and complex transactions and helping resolve disputes or issues with the tax or customs authorities. We also can assist in identifying risk areas and sustainable planning opportunities for indirect taxes, helping you meet your tax obligations and explore possible competitive advantages through indirect tax planning. We can assist you in developing robust documentation systems and processes to improve your indirect tax reporting, reducing systematic errors and costs, and ensuring proper handling of indirect taxes. We can also support full or partial VAT compliance outsourcing and review your compliance with bookkeeping and invoicing requirements.