Guides on declaration of value-added tax and incentives for projects manufacturing supporting industry products
On February 05, 2016, the Ministry of Finance issued the Circular No. 21/2016/TT-BTC guiding on declaration of value added tax and priorities of enterprise income tax as stipulated under the Decree No. 111/2015/ND-CP dated November 03, 2015 on development of supporting industries.
Accordingly, for tax payers being organizations manufacturing supporting...
Exempt from import duty for machinery imported or temporarily imported for re-export to serve ODA
On December 03, 2013, the Ministry of Finance issued the Circular No. 181/2013/TT-BTC guiding the implementation of tax policies and incentives for programs and projects funded with official development assistance (ODA) capital or concessional loans provided by donors[...]
Deactivate the tin of the business entity of non-operation at registered address
In accordance with the Circular No. 95/2016/TT-BTC dated June 28, 2016 of the Ministry of Finance on guidelines for tax registration, the taxpayer shall be imposed sanctions for TIN usage as prescribed by relevant law provisions. After one year from the date on which the tax authority issued a...
LIST OF POTENTIALLY UNSAFE GOODS AND PRODUCTS
The List of potentially unsafe goods and products under the management of the ministry of information and communications is issued by the Ministry of Information and Communications on December 26, 2016 at the Circular No. 42/2016/TT-BTTTT.
The List includes 05 terminal devices; 05 radio equipment and equipments in cabled distribution...
Handling violations for imported automobiles used for more than five years
This is one of the new contents regulated under the Circular No. 55/2014/TT-BGTVT dated October 20, 2014 [...]
Extra-small enterprises shall not bound to appoint the chief accountant
The Ministry of Finance issues the Circular No. 132/2018/TT-BTC on providing guidance on accounting regimes of extra-small enterprises.
Accounting regimes have some particular points as follow:
- For the design of the structure: Extra-small enterprises shall be charged with performing accounting duties without being bound to appoint the chief accountant;
- Extra-small...
Fees for issuance of the license for establishment of a bank is VND 140 million/license
This is the important content prescribed at the Circular No. 150/2016/TT-BTC dated October 14, 2016, providing for fees for issuance of license for establishment and operation of credit institutions; license for establishment of foreign banks’ branches, representative offices of foreign credit institutions or other foreign organizations having banking activities;...
Regulation on the one-stop-shop and inter-agency one-stop-shop mechanisms
On March 25, 2015, the Prime Minister signed the Decision No. 09/2015/QD-TTg promulgating the Regulation on implementation of the one-stop-shop and inter-agency one-stop-shop mechanisms at local state administrative agencies.
The Decision points out clearly that Inter-agency one-stop-shop mechanism means the way of handling affairs of individuals or organizations which...
Must having payment of deposits for scraps import
This is the content of the Law No.55/2014/QH13 on Environmental Protection passed by the National Assembly on June 23, 2014.[...]
Hanoi has scheme on 8 rapid bus routes
In order to develop the infrastructure traffic network which is synchronous, sustainable, modern, accessible, convenient and meet the travel needs of people and be of environmental friendliness, the Prime Minister signed the
Decision No. 519/QD-TTg approving the transportation planning of Hanoi Capital by 2030, with a vision to 2050,...

















