海角乱伦

Thanks ciambella!
Do you happen to have the link to the Vietnamese version for this new decree?

.聽 You'll need to download (T岷�i v峄�) to read. If you don't want to download, is published in the Law Library.聽

The easiest way would be to follow this between the old law and the new law.

Note that the maximum number of employees is not mentioned in the new law, so lawyers are interpreting it to mean that 10 is no longer the limit.

Have fun reading!聽

Ciambella wrote:

.聽 You'll need to download (T?i v?) to read. If you don't want to download, is published in the Law Library.聽

The easiest way would be to follow this between the old law and the new law.

Note that the maximum number of employees is not mentioned in the new law, so lawyers are interpreting it to mean that 10 is no longer the limit.

Have fun reading!聽

TY Ciambella. btw, do you think they just forgot to incl no of employees? but i was trying to find related thread where you posted about household business tax in discussion about 'wet markets'. despite searching for different words, i can't find it. the rates somewhat amazed me - eg >d100mill = 300k!

Im confused, I own a business in my name and I am a foreigner.

I do understand the other information regarding the changes to household business, but some people reading this may think a foreign person cant open and own a business here and many of us do.

ckitano wrote:

Im confused, I own a business in my name and I am a foreigner.

I do understand the other information regarding the changes to household business, but some people reading this may think a foreign person cant open and own a business here and many of us do.

Is it totally in your name, or is there a VN director listed on the license.

colinoscapee wrote:

ckitano wrote:

Im confused, I own a business in my name and I am a foreigner.

I do understand the other information regarding the changes to household business, but some people reading this may think a foreign person cant open and own a business here and many of us do.

Is it totally in your name, or is there a VN director listed on the license.

in your OWN name? or maybe is a your one-person LLC?

Ilegitimis Non Carborere wrote:

TY Ciambella. btw, do you think they just forgot to incl no of employees? but i was trying to find related thread where you posted about household business tax in discussion about 'wet markets'. despite searching for different words, i can't find it. the rates somewhat amazed me - eg >d100mill = 300k!

Sorry, I have a feeling I wasn't very clear on that post, so let's me clarify on the numbers:

Businesses that bring in less than 100M do not need to show receipts thus do not pay value tax (GTGT) or income tax (TNCN), only the very small license tax as in the post.聽

Businesses that bring in more than 100M are required to show receipts of income (receipts = tax).聽 Retails pay 1% of income for GTGT and 0.5% for TNCN; rental and personal service pay 5% for GTGT and 2% for TNCN; restaurants pay 3% for GTGT and 1.5% for TNCN.聽 License tax is the same numbers as in the post.

(At the moment, I can't seem to find old posts to give a link.)

Ciambella wrote:

Ilegitimis Non Carborere wrote:

TY Ciambella. btw, do you think they just forgot to incl no of employees? but i was trying to find related thread where you posted about household business tax in discussion about 'wet markets'. despite searching for different words, i can't find it. the rates somewhat amazed me - eg >d100mill = 300k!

Sorry, I have a feeling I wasn't very clear on that post, so let's me clarify on the numbers:

Businesses that bring in less than 100M do not need to show receipts thus do not pay value tax (GTGT) or income tax (TNCN), only the very small license tax as in the post.聽

Businesses that bring in more than 100M are required to show receipts of income (receipts = tax).聽 Retails pay 1% of income for GTGT and 0.5% for TNCN; rental and personal service pay 5% for GTGT and 2% for TNCN; restaurants pay 3% for GTGT and 1.5% for TNCN.聽 License tax is the same numbers as in the post.

(At the moment, I can't seem to find old posts to give a link.)

ty. hmmm.

1. with or w/o the 10 employees, these are all classed as 'household businesses' because (?) they are in name of (Vn) individual and/or people in Family Book?

2. so what are you if you are NOT a 'household business'? ie what are alternatives (apart from LLC etc)?

3. so all these 'household businesses', do they just rock up to the local Govt office and register some name as a 'household business? or some other process?

4. PS although 'household business' < d100m, still needs some business registration?

many thanks for interesting and useful clarifications