Tax treaty between Iran and Vietnam: in effect since 21 March 2016

The existing taxes to which the Agreement will apply are:

- in the case of the Islamic Republic of Iran:

(i) the income tax on real estates;

(ii) the income tax on agriculture;

(iii) the income tax on salary;

(iv) the income tax on occupation (business); and

(v) the income tax on legal persons;

- in the case of the Socialist Republic of Vietnam:

(i) the personal income tax; and

(ii) the business income tax.

Permanent establishment

The term “permanent establishment” means a fixed place through which an enterprise of a contracting state wholly or partly carries on the business in the other contracting state. The term "permanent establishment" likewise encompasses:

• A building site, a construction, assembly or installation project or supervisory activities in connection therewith, constitutes a “permanent establishment” but only where the site, project or activities continue for a period of more than six months.