Hi,
I have worked for an Australian business, on shore in Australia, for the last 2 years. Recently I relocated to Vietnam and the business wants to change my employment status from employee to contractor. The business requests me to open a consulting firm in Vietnam and invoice them regularly every month. So my questions are
1/ From what I checked, Vietnam and Australia have a tax treaty and I can work (remotely) for an overseas employer as independent contractor/freelancer and just need to log tax every month to Vietnamese government. So do I need to open a consulting business in Vietnam in order to provide consultant service to my current employer?
2/ If I do not need to open a firm in Vietnam, can I still invoice my employer?
3/ Can my employer pay my invoices into my Australian bank account?
Thank you