Broader tax breaks for foreign experts
The decision replaces Decision No. 211/1998/QD-TTg of October 31, 1998.
The decision extends visa policies applicable to foreign experts and their family members. The import tax exemption on personal assets applied and experts who remain in residence in Vietnam
In addition to exemption from personal income tax on income from ODA-funded projects, and from requirements to register for professional lisences, the new regulation also exempts all experts working on ODA projects from work permit requirements.
The decision takes effect on November 20.
