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Sole trader or LTD company for Remote work?

Last activity 18 May 2021 by Diazo

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jjstones19

Hello everyone! I will be moving to HCMC in August but will be continuing to work remotely for my UK employer. Apparently I might need to set myself up as a LTD company or a sole trader for them to pay me? (This is what my employers accountant has requested)

Just wondering if anyone on here has been in a similar situation and might have some advice.. I'm not even sure where to begin!

I should also mention that I’ll be on a dependents visa through my husband who is a teacher. His school has arranged the whole visa process for us. And I will be a “resident” in Vietnam (in the country for 183+ days) so I imagine I will have to pay tax there.

Thanks in advance!

Guest2023

Best to contact a tax agent in your country and get the full picture.

Diazo

jjstones19 wrote:

Hello everyone! I will be moving to HCMC in August but will be continuing to work remotely for my UK employer. Apparently I might need to set myself up as a LTD company or a sole trader for them to pay me? (This is what my employers accountant has requested)

Just wondering if anyone on here has been in a similar situation and might have some advice.. I'm not even sure where to begin!

I should also mention that I’ll be on a dependents visa through my husband who is a teacher. His school has arranged the whole visa process for us. And I will be a “resident” in Vietnam (in the country for 183+ days) so I imagine I will have to pay tax there.

Thanks in advance!


You do not say how you gained residency status here in VN. You mention 183 days, this happens to be the exact cutoff under international tax treaties/law. Your mother country is not happy to give up your tax status there, 184 days and they do and you will indeed become liable for taxes here. As someone said your best thing to do is consult an international tax lawyer. It was not ling ago we did not have to worry about it here in VN. Then VN agreed to cooperate with the countries of the world. As I recall that started in 15 or 16. Residency is very difficult to obtain here.

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