Vietnam new CIT law: Key practical challenges

Under the Vietnam’s new corporate income tax (CIT) law, enterprises are facing updated requirements relating to taxable income determination, deductible expenses, and the application of tax incentives. These regulatory developments place greater emphasis on the practical application of tax rules and the alignment between accounting treatment and tax compliance.

In an evolving regulatory environment, businesses are increasingly required to reassess existing practices to ensure consistency with updated interpretations and compliance expectations.

In collaboration with AmCham, RSM will host the seminar “Vietnam new CIT law: Key practical challenges”. The session will provide an overview of key regulatory updates, together with practical insights into implementation challenges and perspectives on the expected implications of the new CIT framework for businesses operating in Vietnam.

Key takeaways

• Key regulatory updates and practical implications under Decree 320 and Circular 20
• Revenue recognition and deductible expenses: practical tax considerations
• Application of tax incentives and loss carry-forward mechanisms in practice
• Expected implications of the new Corporate Income Tax framework for businesses

Speaker:

Le Xuan Mao, Partner, Business tax advisor

Participation Fee

• Member fee: VND 650,000
• Non-Member fee: VND 850,000