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News & Analysis

From licensing to operations: a roadmap for foreign contractors in Vietnam

26 March 2025 by RBA WTS Tax Vietnam

Vietnam’s economy and infrastructure are rapidly developing, fueling significant growth in the construction market. However, major construction projects continue to face significant challenges, particularly in securing skilled labor and high-quality materials. As a result, construction projects often rely on foreign contractors, presenting both opportunities and challenges for them.
News & Analysis

Investing in the semiconductor industry in Vietnam

26 March 2025 by RBA WTS Tax Vietnam

Over the past few years, Vietnam has been a key destination for high-tech companies due to the availability of natural resources, low labor costs and the plurality of incentives provided by its government for the implementation of new projects.
News & Analysis

Vietnam’s Draft Decree on Global Minimum Tax: Key Insights and Implementation Procedures

26 March 2025 by RBA WTS Tax Vietnam

On November 12, 2024, Vietnam’s Ministry of Finance initiated a public consultation on the Draft Decree that provides guidance on implementing the Resolution No. 107/2023/QH15 (“Resolution 107”). This resolution introduces additional Corporate Income Tax (“CIT”) measures, in line with the Global Anti-Base Erosion (“GloBE”) Rules.
News & Analysis

How to set up business in Vietnam

25 March 2025 by RBA WTS Tax Vietnam

Economic reforms since the launch of Đổi Mới in 1986, coupled with beneficial global trends, have helped propel Vietnam from being one of the world’s poorest nations to a middle-income economy in one generation. Between 2002 and 2021, GDP per capita increased 3.6 times, reaching almost US$3,700. The economic growth is expected to rebound to 6.5 percent in 2024, which makes Vietnam one of the most attractive destinations for foreigners who want to invest in the country.

News & Analysis

WTS Taxise garners new rankings in ITR’s 2023 World Tax and World Tax Leaders; maintains accolade in ITR’s 2023 World Transfer Pricing

29 September 2022 by Taxise Asia - Singapore

WTS Taxise has garnered new firm and practitioner rankings in International Tax Review’s (ITR) 2023 World Tax, World Tax Leaders and maintained its ranking in ITR’s 2023 World Transfer Pricing.
News & Analysis

WTS Taxise receives multiple recognitions in the 2022-23 editions of Asialaw and Best Lawyers

26 September 2022 by Taxise Asia - Singapore

Taxise Asia LLC (WTS Taxise) has received multiple recognitions in the 2022-23 edition of Asialaw and Best Lawyers annual publications. These mark the firm’s inclusion in the Asialaw rankings for the third year and Eugene Lim’s Best Lawyers practitioner rankings for seven years (pre-Taxise).
News & Analysis

WTS Taxise wins Best Newcomer Award at the ITR Asia Pacific Awards

26 August 2022 by Taxise Asia LLC - Singapore

Taxise Asia LLC (WTS Taxise) has won Best Newcomer Award at the 22nd International Tax Review (ITR) Asia Pacific Awards 2022.
News & Analysis

Seasoned tax litigator joins WTS Taxise to bolster its tax disputes practice

23 August 2022 by Taxise Asia LLC - Singapore

Taxise Asia LLC (WTS Taxise) is pleased to announce the arrival of Ma HanFeng. HanFeng is a Singapore-qualified lawyer with more than a decade of litigation experience including at the law division of the Inland Revenue Authority of Singapore (IRAS) where he represented IRAS in a wide range of tax dispute matters. Click here to view HanFeng’s profile.
News & Analysis

WTS Taxise ranked in Legal 500 Asia Pacific’s 2022 Leading Law Firms for Singapore Tax

25 January 2022 by Taxise Asia LLC - Singapore

Taxise Asia LLC (WTS Taxise) has been ranked Band 3 for Singapore Tax in the 2022 edition of Legal 500 Asia Pacific. This latest recognition marks the Firm’s entry into the Legal 500 rankings for the first time. This also comes on the back of the Firm’s Chambers Asia Pacific 2022 rankings for Singapore Tax.
News & Analysis

Chambers Asia Pacific recognises WTS Taxise as among 2022 leading tax law firms and lawyers in Singapore

23 December 2021 by Taxise Asia LLC - Singapore

Taxise Asia LLC (WTS Taxise) is delighted to have been ranked band 4 for Singapore Tax in the latest 2022 rankings by Chambers and Partners. WTS Taxise Co-Founder and Principal Eugene Lim has also been recognised by the publication as a Band 3 tax practitioner in Singapore.
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