How to Set Up Payroll for Foreign Employees in Vietnam: 2026 Guide
Step-by-step guide to setting up payroll for foreign employees in Vietnam. Covers work permits, social insurance, PIT rates, and compliance deadlines for FDI companies in 2026.
Tax, FDI, HR and legal updates — practical perspectives from the TrustlineAX team for businesses operating in Vietnam.
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Step-by-step guide to setting up payroll for foreign employees in Vietnam. Covers work permits, social insurance, PIT rates, and compliance deadlines for FDI companies in 2026.
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Vietnam's standard CIT rate is 20%. FDI companies can access preferential rates of 10–17%, plus 4-year exemptions and 50% reductions for up to 9 years. Updated for 2026.
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Comparing Vietnam and Singapore for business incorporation in 2026: CIT rates, setup costs, labour costs, market access, and when to use a dual-entity strategy.
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Vietnam's General Department of Taxation has confirmed that qualifying foreign-invested SMEs can claim full CIT exemption for 3 years under Decree 20/2026/ND-CP — one of the most significant tax incentives for new FDI entrants in 2026. Here is who qualifies, who is excluded, and what to do now.
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Foreign companies entering Vietnam can choose between a Representative Office, Branch Office, or Subsidiary. Each has different legal capabilities, tax obligations, and liability profiles. This comparison guide helps you pick the right structure.
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FDI companies in Vietnam must prepare statutory accounts under VAS while reporting to parent groups under IFRS. The gaps — in revenue recognition, leases, financial instruments, and fixed assets — are material. Here is what you need to know.