Personal Income Tax Finalization for Expats

Expatriate employees leaving the country must finalize their personal income tax requirements within 45 days after the termination of their work contracts in Vietnam according to Circular 60/2007/TT-BTC.

Failure to finalize tax requirements will be subject to the following penalties:

* Interest penalty worth 0.05 percent for each day of late payment
* Administrative penalties of up to VND5 million for late return submission
* From 1 to 3 times the amount of outstanding tax liabilities if the tax liabilities has not been cleared after 90 days from the deadline

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