Uni 14-07-2016 - Guidance on salary, wage of owner of an individual-owned one member company limited

According to official letter 2940/TCT-TNCN guiding salary, wage of owner of an individual-owned one member company limited as follows:

-          Salary, wage of owner of private company, an individual-owned one member company limited who directly runs business and production activities will not be included in CIT expense and PIT taxable.

-          Remunerations for founding members or management board members that they do not directly run business and production activities must be included their PIT taxable income.