An active treaty and the FTA are advantages — but only if the structure and customs position are built to use them.
The Russia–Vietnam double tax treaty remains in force, and trade sits within the EAEU free trade agreement framework. The two interact: how goods are classified affects duty, while how payments are characterised affects withholding. We look at both rather than one at a time.
Settlement between your country and Russia works, but the route matters more than it used to — which bank, which currency, which correspondent. Payments also fall under Russian currency control, where a missed notification rather than a wrong figure is the usual problem. We set the route up front and keep the filings behind it in order.
Vietnamese manufacturers and traders typically need periodic rather than permanent presence. Where staff are placed, HQS permits and payroll are coordinated as one function.
Entity form, registration and getting operational.
Customs classification and treaty withholding are usually handled by different people and then reconciled painfully. Doing them together is faster and cheaper.
For many goods, yes. The EAEU–Vietnam FTA lowers or removes tariffs on a large share of Vietnamese-origin products entering Russia and the wider EAEU. But the benefit depends on correct HS classification, customs valuation and rules-of-origin documentation — a certificate of origin that does not hold up removes the preference. We handle the classification and origin position so the FTA advantage actually reaches your landed cost.
Yes. Vietnam is not among the countries whose treaty provisions Russia suspended in 2023, so the Russia–Vietnam double tax treaty remains active. That matters most on profit repatriation: dividends to a Vietnamese parent are taxed under the treaty rather than at the 15% domestic default, and interest and royalties have their own treaty rates. Relief is not automatic — it requires beneficial-ownership and residency documentation, which we prepare.
Most trade and manufacturing operations run through a Russian LLC, which can be 100% Vietnamese-owned. A branch or representative office suits narrower cases. The right choice depends on whether you are importing and distributing, manufacturing locally, or testing the market first — and on how you intend to move profits and staff. We map the options against your model before you commit.
Classification and payment route decide most of the cost. Both are worth settling before the first shipment.
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