Tax policy: a constant worry of foreign investors

| Updated: 27/09/2021

Tired of tax policy system

The difference in the legal system and tax policies in each country is always a major concern of foreign investors. Violating tax laws in another country can greatly affect an investor's business in their own country. For that reason, foreign investors always want to carefully understand the laws in Vietnam and try to comply with the best way.

However, everything is not as simple as just reading legal documents and following the instructions. Complicated, complicated, constantly changing tax policies and overlapping guiding documents make businesses always feel confused and confusing. It takes a long time to read the text, learn it correctly and apply it in practice still does not help businesses avoid the risk of tax arrears or fines for tax law violations.

Why tax policy makes it difficult for investors

How investors "let go of the burden and live"

Tax laws often change, as there are now changes that are beneficial to businesses, but there are changes that make businesses feel unable to continue operating.

As a foreign investor, it is always important to learn the legal system in another country before investing. Most firms will opt to partner with tax and legal consulting firms to ensure the job is done right from the start. Experience shows that investors need to choose companies with practical experience and reputation in the market to have the quality of work to meet their needs.

The right job right from the first step, if combined with the periodic review of the financial accounting system, tax or audit for tax purposes, will help investors feel secure about the compliance of the law. business yourself.

Solutions to overcome worries about tax policy

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