Finance ministry proposes lower tax rate for micro and small enterprises

Finance ministry proposes lower tax rate for micro and small enterprises

To support micro and small enterprises to accumulate capital and develop business, the Ministry of Finance (MoF) has proposed lowering the corporate income tax rate to 15-17 per cent for those with a total revenue of no more than 50 billion VND (1.99 million USD), instead of the current flat rate of 20 per cent.
Growth within reach for forward-thinking enterprises

Growth within reach for forward-thinking enterprises

From legacy banks to small enterprises, digital transformation is reshaping business at every level.