On January 14, 2025, our Partner – Mr. Tran Phu Vinh participated in “Navigating Key Matters for 2024 Annual Tax Finalization” event, hosted by AmCham and Deloitte Vietnam at The Reverie Saigon Hotel, Ho Chi Minh City.
Valuable networking opportunity to discuss key tax matters
Besides AmCham members, the seminar also gathered industry leaders and financial professionals to analyze and discuss critical tax matters in 2025, especially the 2024 annual tax finalization. During the event, tax experts from Deloitte Vietnam have provided some practical strategies for businesses to implement in 2025, based on the new updates on tax regulations. In the constantly evolving tax environment in Vietnam, the event successfully delivered useful tax information to participants who is seeking a direction for compliance.
Key matters in 2025 corporate tax updates
During the event, Mr. Vinh had the opportunity to listen to tax experts’ sharing and explaining important issues related to the finalization process of Corporate Income Tax (CIT) and Personal Income Tax (PIT).
- According to Mr. Thang Tran – Tax Partner, there are many issues that greatly affect the finalization of Corporate Income Tax (CIT) in 2024. Therefore, to avoid mistakes and ensure compliance, businesses need to pay attention to important changes in CIT regulations and strategies.
- Ms. Phuong Hoang – Tax Director focused on the declaration of transactions between related parties. In particular, she noted that businesses need to pay attention to transfer pricing activities and prepare accurate documentation to meet regulatory standards.
- Ms. Ngoc Nguyen – Tax Director, provided a detailed analysis of the main points related to the Personal Income Tax finalization in 2024 and the draft Law on PIT, as well as the impact on employers and employees.
The above analysis helps PLF better understand the specific tax environment in Vietnam in recent years, especially when changes in tax regulations directly affect the operation of an entire company. For businesses to ensure full compliance with these new tax obligations, promptly updating information is not enough, as they need to reflect more on the current situation to come up with an appropriate strategy.
Continually update to provide better Corporate & Tax Advisory service
For PLF Law Firm, understanding important changes in corporate income tax and personal income tax finalization is paramount to providing practical consulting solutions that align with the actual situation of each business. This not only eases the great concerns of CEOs and business leaders when facing constant tax updates, but also helps them equip an appropriate compliance strategy, to minimize risks and avoid too much adjustment on the overall operation.
