The government recently issued two regulations to help and incentivize small and medium-sized enterprises (SMEs): Circular No 06/2019/TT/BKHDT on the network of consultants for SMEs and Circular No 05/2019/TT/BKHDT on subsidies for training courses for women-owned SMEs went into effect May 12. The consultant network is defined as a group of consultants and consultancies specialized in a broad range of fields […]
Mergers and Acquisitions (M&A’s) are an increasingly popular route for foreign investors looking to begin operations in Vietnam – and due diligence is a key component of the M&A process. While there are several aspects to consider in due diligence – such as the company’s reputational profile, strategic position in the market, and assets – we […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Paris Suktitipat of Optimum Accounting Services Co., Ltd. Paris has joined IR as our exclusive Accounting Services Member in Thailand. Khun Pimrapas Suktitipat is a Managing Director of Optimum Accounting Services Co., Ltd, Thailand and is a CPA by Thai Federal […]
LOST City Adventure Golf has completed a further £100,000 spend to expand its offering at Cityside Retail and Leisure Park in Belfast. The investment includes the addition of a new function/party room, extension of the catering facilities to include a full restaurant alcohol licence, cocktail bar and stone-baked pizza oven, and the introduction of new […]
Vietnam has specific regulations on maternity leave that are unique to the country. Overall, Vietnam’s maternity laws are employee friendly and are set in place to ensure that employees are protected during and after child-bearing. A solid understanding of the law is needed for foreign-invested enterprises to plan effectively within the country. In May 2013, […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Ingrid Petersson of Cederblad & Co. Ingrid has joined IR as our exclusive Accounting Services Member in Sweden. Cederblad & Co is an audit company with offices in Kristianstad, Malmö, Tomelilla and Ystad in the south of Sweden. We are thirty specialists who […]
In June, Vietnam’s National Assembly approved a new Law on Tax Administration 38/2019/QH14. Under the new law, tax authorities have been granted additional enforcement powers. At the same time, the new law has made it a little bit easier for both individuals and entities to file taxes. The new law will take effect from July 2020. […]
Foreign employers that want to attract and retain the best talent need to ensure they understand payroll in Vietnam and coordinate salary structures with HR management. Here, Vietnam Briefing explains the payroll basics and some best practices for employers in the country. In recent years, foreign direct investment (FDI) flows into Vietnam have been on the rise […]
On the 22nd March 2019, the Minister for Finance Paschal Donohoe signed into Law S.I. No. 110 of 2019. This Statutory Instrument provides for the establishment of a Central Register of Beneficial Ownership for both Companies and Industrial & Provident Societies in Ireland. The establishment of this Register is in keeping with Ireland’s commitments under […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Mohamed Boumesmar of Audicis. Mohamed has joined IR as our exclusive Tax (Accountants), Audit & Assurance Services and Accounting Services Member in Morocco. Mohamed Boumesmar is Chartered Public Accountant since 1996. Born on January 27, 1963, Mr. Boumesmar now has more than 30 […]
An IR Global member has been recognised by Thai royalty for her inspirational business achievements. Jill Cua was named as one of the Outstanding ASEAN Women Entrepreneurs 2019 by Royal Highness Princess Bajrakitiyabha Mahidol at JW Marriott Hotel in Bangkok in June. The award – which is supported by the Asian Women Entrepreneurs Network – […]
For foreigners working in Vietnam, determining the applicability of personal income tax (PIT) involves decoding a number of rules. Following this, foreign workers need to calculate their precise liability and any applicable deductions. Consulting with an in-country tax specialist can help individuals’ optimize their tax exposure, while employers’ may be able to identify more competitive salary packages with an advisor. Below […]