Setting up a Project Management Office in Vietnam: Tax Considerations
February 01, 2021
A Project Management Office (PMO) in Vietnam commonly refers to an office established by a foreign contractor that is registered to operate in the locality where its construction work is carried out. A PMO would operate within the terms of a contract and be dissolved when the contract expires. This form of establishment is commonly selected by the majority of foreign construction companies when doing business with local Vietnamese investors. In this article, Ms Valerie Teo, Tax Partner and Mr Nguyen Tan Tai, Tax Manager of Grant Thornton Vietnam discussed the key tax considerations for foreign contractors when setting up a PMO in Vietnam.