Strategies to best avail of supportive policies

Strategies to best avail of supportive policies

In order to support enterprises against the impacts of the pandemic, the Vietnamese government and ministries have issued many supportive policies and tax incentives for enterprises and employees on declaration and payment of corporate income tax (CIT), VAT, and land rent, as well as rules on a 30-per-cent tax reduction for small- and medium-sized enterprises with revenues of less than VND200 million ($8,700).