×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Expat Exchange
Free MembershipSign In

Worldwide income tax in Vietnam

9 years ago
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?

SJB Global
SJB Global

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Living in Vietnam GuideLiving in Vietnam Guide

It's an exciting time to live in Vietnam - with more and more tall buildings crowding the city skylines and rural areas developing rapidly as well. Learning Vietnamese poses a major challenge for most expats, but Vietnam's warm, welcoming people make up for the challenge.

Vietnam Forum Vietnam Forum
Join our Vietnam forum to meet other expats and talk about living in Vietnam.

Contribute to Vietnam Network Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Vietnam.

Best Places to Live in Vietnam Best Places to Live in Vietnam

If you're dreaming about living in Vietnam, here are the 15 Best Places to Live in Vietnam in 2023.

Healthcare in VietnamHealthcare in Vietnam

If you're moving to Vietnam, healthcare and health insurance require careful consideration. This article covers the quality of healthcare at hospitals and clinics in Vietnam, the availability of prescription medications, vaccinations and more.

Cost of Living in VietnamCost of Living in Vietnam

Expats offer insight into the cost of living in Vietnam.

Moving to VietnamMoving to Vietnam Guide

Expats who have moved to Vietnam report a positive experience living in the Southeast Asian nation. They cite the culture, the food, the people as some of the things they love about Vietnam.

Real Estate in VietnamReal Estate in Vietnam

Real estate listings in popular cities and towns in Vietnam.

Pros Cons of Living in VietnamPros & Cons of Living in Vietnam

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Vietnam.

Retiring in VietnamRetiring in Vietnam

Advice for people retiring in Vietnam.

10 Tips for Living in Vietnam10 Tips for Living in Vietnam

If you've recently arrived in Vietnam, here are 10 tips for digital nomads living in Vietnam.

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Contribute to Vietnam Network Contribute
Help others in Vietnam by answering questions about the challenges and adventures of living in Vietnam.

SJB Global
SJB Global

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides