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Tax and corporate management newsletter 2024

Stay up-to-date with new tax notices and the legal environment related to business management to know the latest changes to tax laws and laws related to your business!

MONTH 01-2024

MONTH 02-2024

Tax exemption for innovative start-up activities arising in Ho Chi Minh City

Exemption from corporate income tax and personal income tax for income from innovative start-up activities arising in Ho Chi Minh City as follows:

1- Innovative startups, science and technology organizations, innovation centers and intermediary organizations supporting innovative startups (collectively referred to as enterprises) with income from activities Innovative startups arising in Ho Chi Minh City are exempt from corporate income tax on this income.

2- Organizations that have income from transferring capital contributions and the right to contribute capital to creative startups in Ho Chi Minh City are exempt from corporate income tax on this income.

3- Individuals who have income from transferring capital contributions or the right to contribute capital to creative start-up enterprises in Ho Chi Minh City are exempt from personal income tax on this income.

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We hope that you will find the EXPERTIS Tax Update useful and we welcome the opportunity to further discuss the issues presented and their impact on your business.

ACTIVE UPDATE TAX NEWSLETTER