Luật sư Nguyễn Hữu Phước

The Civil Code provides that an organisation is recognised as a legal entity when it meets the following conditions: (i) being established in accordance with the Civil Code and other relevant laws; (ii) having an executive body and other bodies as decided by the legal entity or in accordance with the law. The organisational structure,…

The current Law on PIT has not yet covered any limitation on the number of registered dependents for a taxpayer. Accordingly, taxpayers may register their dependents without any quantitative restriction as long as they meet the following conditions: The dependent must be one of the following[1]: Children includes biological children, lawfully adopted children, illegitimate children,…

Under the Law on PIT, monetary or non-monetary benefits other than salaries and wages paid by the Employer, which are enjoyed by Employees in any form will be considered to be taxable income. However, expenses for means of transporting Employees from dwelling houses to workplaces and vice versa will not be included in the taxable…

Prizes from a prize draw For the case of a prize draw, if Employees join a prize draw in the Employers’ year-end parties and win gifts or vouchers, these gifts will be considered the incomes from the prized games or contests or other prize-winning events which are held by economic organisations, administrative agencies, business units,…

As prescribed by the law on PIT, for resident individuals who sign LCs of at least 3 months, Employers will make tax deductions as per the partially cumulative tariff, including the case where Employees sign LCs of at least 3 months with many Employers[1]. For resident individuals who do not sign LCs or sign LCs…