Prime Minister Nguyen Tan Dung has sealed Decision No. 6 on the grant of personal income taxation for unfamiliar experts operative on foreign assist projects in Vietnam.
The decision, released on Feb 22, relates to foreign experts who have been strictly comparison to directly lift out the activities of unfamiliar aided projects in Viet Nam, formed on a agreement
between a unfamiliar non-governmental organization (NGO) and Vietnamese project government organisation, that complies with Viet Nam's regulations on handling and regulating unfamiliar aid.
The experts contingency be unfamiliar nationals and possess a agreement that has been sealed between them and a unfamiliar NGO, or with a project management organisation, or with a owners of a unfamiliar assist in Viet Nam.
Notably, a agreement sealed between a experts and a unfamiliar NGO must embody an apparatus from a owners of a unfamiliar assist in Viet Nam, confirming that a experts will directly attend in a projects that have been authorized by a authorities.
Only a income that a experts accept directly from a projects will accept taxation exemption.
The preference will take outcome from May 1.
Also, a primary apportion has sealed Decision No. 07 on a exemption of personal income taxation for Vietnamese individuals, who work during the representative offices of general organisations that go to the United Nations (UN) in Viet Nam.
To accept income taxation exemption, people contingency be Vietnamese nationals, and contingency be full-time employees of a UN international organisations, as settled in a list of employees submitted to a tax agencies.
Only a income that these people accept from a UN organisations' deputy offices will accept taxation exemption.
The preference will take outcome from May 1.
It does not request to Vietnamese people who work part-time during the UN general organisations' deputy offices in Viet Nam.
Source: VNS
Keywords: Foreign experts, suffer, taxation, Vietnam
