1. What is Tax? What common taxes do businesses have to pay?

Tax is a mandatory payment to a state to finance various public expenditures. Failure to pay, along with evasion or resistance to payment of taxes, is punishable by law.

• Value added tax (VAT) is an indirect tax that is calculated on the added value of goods and services as they are produced, circulated, and consumed.

• Special consumption tax (SCT) is an indirect tax calculated on the selling price of certain items that businesses produce or collect on import prices and import taxes for some imported products.

• Import-export tax: is a direct tax, calculated directly on the value of exported and imported goods.

• Corporate income tax (CIT) is a direct tax based on the enterprise’s final production and business contract results.

• Personal income tax (PIT) is a direct tax levied on personal income earned inside or outside the territory of Vietnam.

2. Who are Business Tax Lawyers in Danang?

3. What do Business Tax Lawyers in Da Nang perform?

• Consulting on regulations on tax code registration;
• Consulting on investment and business forms to enjoy tax incentives;
• Guiding and preparing tax declaration documents and registering to exchange information with tax authorities;
• Consulting on handling violations in the tax field;
• Consulting on legal regulations on tax finalization, consulting on preparing financial reports;
• Consulting on tax payment procedures;
• Consulting on Value Added Tax refund procedures;
• Consulting on regulations on using invoices and documents;
• Consulting on laws and regulations on tax exemption and reduction procedures;
• Consulting, declaring taxes arising during the company’s operations;
• Instructions on self-calculation, self-declaration, and self-payment of taxes for business owners;
• In case of reorganizing or rearranging a business, business tax lawyers advise on taxes before and after converting the business type; business division; business separation; merger and consolidation of businesses; sale of business; converting an affiliated enterprise into an independent enterprise or vice versa; temporarily stopped operating;
• In case of dissolution, bankruptcy, or business termination, business tax lawyers can advise on legal regulations for completing procedures for closing the tax code with the Tax Authority;
• Drafting complaint documents and representing the business to work with competent authorities to protect the legal rights of the business;
• Representing businesses to participate in resolving disputes at Court, drafting documents and presenting opinions to protect the legal rights and interests of businesses.

4. Why should you retain Business Tax Lawyers in Da Nang?

When unfortunately encountering tax problems such as tax violations, late tax payments, tax disputes or difficult problems that need to be adviced... hiring a business tax lawyer is the optimal solution for these reasons: 

• Getting legal advice anytime, anywhere. All your legal issues are answered quickly and promptly;
• Prestigious service quality by experienced and specialized Lawyers;
• All  information of clients is absolutely confidential;
• Getting support to solve problems in the most optimal way, reducing damage to businesses.

5. How to find a qualified Business Tax Lawyer in Da Nang?

Tax in businesses is a very complicated issue, you need to find a business tax lawyer with high expertise, extensive experience, and the qualifications to stay with a business for an extended period of time. The following criteria will assist you in finding the qualified Business Tax Lawyer:

• Identify a reputable tax lawyer:

  • Having a license to practice Law;
  • Having educational and professional qualifications from Bachelor of Laws or higher;
  • Practicing at a reputable law practice organization.
• Contact reputable Law Firms:

6. FAQ related to Business Tax Lawyer

• Late submission of tax registration dossiers, slow notification of changes in information in tax registration dossiers compared to the prescribed deadline;
• Incomplete declaration of information in tax records;
• Late submission of tax returns compared to the prescribed deadline;
• Violations of regulations on providing information related to determining tax obligations;
• Violations of regulations on compliance with tax inspection decisions and enforcement of tax administrative decisions;
• Incorrect declaration leads to underpayment of tax or increase in tax refund;
• Tax evasion and tax fraud;
• Illegal use of invoices and documents; 
• Other violations according to regulations.

• When there are signs of violating tax laws;
• To resolve complaints, denunciations or implement anti-corruption measures;
• According to the requirements of tax management based on the results of risk classification in tax management;
• According to the recommendations of the State Audit, conclusions of the State Inspectorate and other competent agencies.