Hi everyone,
I am thinking about going to move to Vietnam full time but not sure on the local tax implications and hope your expertise can come in handy:
1. Currently I work in HK and a US company pays me via a subsidiary they have opened here. We don't even have an office so I work from home full-time and they don't care where I work in Asia.
2. If I move to VN I will be using the 5 year visa exclusion as I am an overseas Vietnamese so won't need to get a job visa.
3. When I get to VN, I will still work for this company but they will still pay me via the HK subsidiary to a HK bank. I will then open up a local bank in VN and do at most 2x wire transfer a year to pay for my living expense in VN.
4. Note we have 0 clients in Vietnam and this will be the case forever. We only focus on clients in Malaysia and Thailand so will only be going there twice a month
5. I plan on living in Vietnam full-time so will exceed the 183 days in country.
Question for everyone:
1. Would I still be liable for local tax in this instance?
2. If yes how would they know?
