Vietnam Tax Alert 2016/Issue 3

Vietnam Tax Alert 2016/Issue 3

New regulations on representative offices and branches of foreign business entities in Vietnam – Notable changes.

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On 25 January 2016, the Government issued Decree No.07/2016/ND-CP guiding the Commercial Law on representative offices (“RO”) and branches of foreign business entities in Vietnam (“Decree 07”). Decree 07 will take effect from 10 March 2016 and replace Decree No.72/2006/ND-CP on the same matter (“Decree 72”).

Please take your time to review the attached file for some of notable changes of Decree 07.

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© 2017 KPMG Tax and Advisory Limited, a Vietnamese limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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