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Our tax practice group members are experts in corporate and commercial law, and provide our clients with commercially relevant and practically sound tax solutions. We draw from international and local, corporate and commercial, specialist taxation knowledge, as well as in-house tax consultancy experience. The complexity of deals in emerging industry sectors and the varied interests of our clients across many areas and jurisdictions are of extreme significance in this practice area and wherever possible, we collaborate with team members from other practice groups to provide the most comprehensive advice for our clients. Our team regularly advises on Vietnam tax implications for foreign companies investing in and operating in Vietnam.
Recent Work
Advising a leading independent FTSE 250 international oil and gas exploration and production company in relation to the company’s statutory entitlement to tax holidays relating to an offshore Block and related legal issues.
Advising on numerous tax issues to assist an internationally-headquartered company with offices in Vietnam on its tax compliance to ensure the company adheres to local tax requirements.
Advising on CIT incentives applicable to a client and possible legal protection under Vietnam’s national investment laws to safeguard foreign investors from subsequent changes in the law.
Advising a Japanese company specialising in real estate, on the Vietnam tax and regulatory perspectives for its proposed investment project, as well as providing recommendations for an efficient structure for an investment in Vietnam.
Advising and assisting a major multinational FMCG company in relation to a contentious tax ruling issued by the Vietnamese tax authorities in relation to special sales tax liability.
Advising on the tax liabilities of foreign vessels active in Vietnamese territorial waters.
Advising a European FMCG company providing tax structuring advice with respect to minimising the personal income tax payable by their expatriate employees.
Advising numerous clients on tax structuring advice with respect to their proposed investments in Vietnam.
Advising an FMCG client on the implications of the special consumption tax imposed on their products, and the calculation thereof.
Advising various clients on transfer pricing issues.
Advising a European FMCG company with respect to ‘check pricing’ versus ‘actual pricing’ inconsistencies when determining customs duty being imposed by a provincial Customs Department.