Vietnamese Prime Minister, Nguyen Xuan Phuc, has announced plans to reduce Vietnam’s corporate income tax (CIT) in a recent speech. Phuc’s announcement, made at the GMS Business Summit in late March, remains limited in detail but is widely expected to follow draft legislation issued by Vietnam’s Ministry of Finance (MoF) in August of 2017. Proposed CIT reductions […]
Vietnam’s internet economy in 2018 is expected to reach US$9 billion in gross merchandise value (GMV), accounting for around four percent of the GDP, according to a recent study by Google and Temasek Holdings on Southeast Asia. Internet economy in Vietnam which covers, online travel, e-commerce, online media, and ride-hailing, grew at a compound annual growth rate […]
Vietnam recently issued Decree No.119/2018/ND-CP (“Decree 119”) on the use of electronic invoices (e-invoices) for the sale of goods and services. Through Decree 119 which will be in effect from November 1, 2018, the government is aiming that at least 90 percent of the firms will use e-invoices by 2020. Types of e-invoices There are […]
The growth in foreign direct investment in Vietnam, driven by its strategic location, low wages, and improvement in the business environment, is the major factor that transformed Vietnam into a manufacturing hub in the region. In the long-term, this trend is expected to continue if Vietnam is able to maintain its competitive advantages. In addition, […]
Our article in July highlighted the impending introduction of legislation pertaining to the substance requirements for tax resident companies. The Isle of Man Government has recently released a piece of draft legislation in relation to new substance requirements, which will, subject to passage through Tynwald and will come into effect for accounting periods starting on […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Alex Stolarsky of Schneider Group. Alex has joined IR as our exclusive Accounting Services Member in Russia. Alex Stolarsky, who was born in Israel and grew up in Germany, graduated as attorney at law and completed additional studies in business law. […]
Here we see Carlos Picos (second in from the left) of Carlos Picos Consultora visiting Nicholas V. Chen (far left) and the rest of Pamir Law Group.
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Avi Nissimov of Shefi Nissimov & Co. Certified Public Accountants. Avi has joined IR as our exclusive Accounting Services Member in Israel. If you have a requirement in this area, please get in touch with Avi directly or with the IR Global […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Iván Ferrer of Speedwell Accounting & Consulting. Iván has joined IR as our exclusive Accounting Services Member in Portugal. Speedwell’s difference is noticeable from the moment you contact them! They are a dynamic firm that grew from the experience of its […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Rajani Raj Acharya of SM Dahal & Associates, Chartered Accountants. Rajani has joined IR as our exclusive Audit & Assurance Services and Accounting Services Member in Nepal. Rajani Raj Acharya is partner of SM Dahal & Associates, Chartered Accountants. He holds […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Shesh Mani Dahal of SM Dahal & Associates, Chartered Accountants. Shesh has joined IR as our exclusive Audit & Assurance Services and Accounting Services Member in Nepal. Shesh Mani Dahal is the Managing Partner of SM Dahal & Associates, Chartered Accountants. Shesh […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Dr. Antonio Ghaleb DBA, CPA (USA), CRMA, IFRS, CGMA, MBA of AG & Partner CPA. Dr. Antonio Ghaleb has joined IR as our exclusive Accounting Services Member in Qatar. Dr. Antonio Ghaleb is a dedicated and self-motivated professional with more than […]