accounting regarding taxes

Circuar 212/2014/TT-BTC of Ministry of Finance  on 31/12/2014 relating to guidance on accounting regarding taxes and other revenues for export and import goods

This circular stipulates accounting vouchers, accounts, ledger, reports (financial reporting, management accounting reports) and work-related accounting and tax professional other revenues from exports, imports applied to the objects defined in Article 2 of the Circular.

Reducing electricity selling price from june 01,2014

The Minister of Industry and Trade issued the Decision No. 4887/QD-BCT dated May 30, 2014 dated May 30, 2014 of the Ministry of Industry and Trade on electricity selling price.[...]

Quota on energy consumption of the steel industry

On September 20, 2016, the Ministry of Industry and Trade issued the Circular No. 20/2016/TT-BCT on the quota on energy consumption of the steel industry. In accordance with the regulations at this Circular, to the end of 2020, The quota on energy consumption of the steel industry is 14,000 MJ/ton...
SOLUTIONS FOR WITHDRAWAL OF STATE CAPITAL FROM ENTERPRISES

Solutions for withdrawal of state capital from enterprises

On March 06, 2014, the Government issued the Resolution No. 15/NQ-CP on solutions for speeding up equitization and withdrawal of state capital from enterprises[...]
deductible expenses

Tax paid on invividual’s behalf is in deductible expenses

On June 22, 2015, the Ministry of Finance issued the Circular No. 96/2015/TT-BTC guiding the Enterprise Income Tax in the Decree No. 12/2015/ND-CP dated February 12, 2015 of the Government detailing the implementation of the Law Amending and Supplementing a Number of Articles of the Tax Laws and amending...

EXEMPTION FROM REGISTRATION FEES FOR HIGH-SPEED CRAFTS

On October 05, 2015, the Prime Minister signed the Decision No. 47/2015/QD-TTg on mechanism and policies on encouraging and developing the inland waterway transportation, and takes effect on December 01, 2015; within that the inland waterway vehicles are boats, ships and other floating structures with without engine always operating...
timber processing

Restricting the new establishment of timber processing and trading establishments

On December 11, 2014, the Prime Minister signed the Decision No. 2242/QD-TTg approving the Scheme for strengthening the management of natural forest’s timber exploitation in 2014 – 2020 in order to improve quality of natural forest and develop the production forests with high quality eligible for sustainable exploitation...

Adjusting the financial management mechanism for vietnam development bank

On April 29, 2016, the Ministry of Finance issued the Circular No. 67/2016/TT-BTC amending; supplementing some contents of the Circular No. 111/2007/TT-BTC dated September 12, 2007 guiding the implementation of financial management mechanism for Vietnam Development Bank. In particular, after calculating the total actual capital amount as a basis to...

Disposal of security assets must be Informed at least before 7 days

On June 06, 2014, the Joint-ministries of Justice, Natural resources and Environment, the State Bank of Vietnam issued the Joint Circular No. 16/2014/TTLT-BTP-BTNMT-NHNN guiding a number of matters on disposal of security assets.[...]

VIETNAM COAST GUARD HAVE THE POWER TO CHASE VESSELS IN VIOLATION OF LAW AT SEA

On November 19, 2018, the National Assembly promulgates the Law No. 33/2018/QH14 on Vietnam Coast Guard. Accordingly, Vietnam Coast Guard is a People’s armed force and a specialized force under the State management, Be put under the ultimate and direct leadership of the Communist Party of Vietnam in all...