Foreign experts exempted from income tax
VNGOP – Under Ordinance 55/2007/TT-BTC promulgated by the Ministry of Finance on May 29, foreign experts receiving salary from fulfilling non-governmental programs and projects in Vietnam will be exempted from individual income tax.
The beneficiaries are foreigners employed to work in
Other entities, including foreign individuals working in representative offices, project offices or functioning as project consultants, are not covered by the Ordinance.
The tax exemption files include a written request for individual income tax exemption from the NGO, a confirmation by the competent body in charge of approving the projects/programs, and other related documents.
The tax agencies will license a certificate on individual income tax exemption to foreign experts.
By Phương Uyên