Increase special excise tax by 5% for alcohol and beer from 2016
On November 26, 2014, the 13th National Assembly on November 26, 2014 during the 8th session pass the Law No. 70/2014/QH13 on amending a number of articles of the Law on Special Excise Duty and deciding to increase special excise tax by 5% for some goods and commodities from...
non-application of import tariff-rate quotas for unmanufactured tobacco originated from asean
This is the important content prescribed at the Circular No. 07/2015/TT-BCT dated May 12, 2015 of the Ministry of Industry and Trade prescribed the non-application of import tariff-rate quotas for un-manufactured tobacco originated from ASEAN.
At this Circular, the Ministry of Industry and Trade emphasizes not to apply import tariff-rate...
To dissolve foreign invested enterprises which don’t make re-registration of operation before February 1.2014
On November 21, 2013, the Government promulgated Decree No. 194/2013/ND-CP on the re-registration, transformation of foreign-invested enterprises and renewal of investment license of investment projects under form of business cooperation contract
Accordingly, a foreign-invested enterprise already granted investment license before July 01, 2006, may decide on its re-registration, transformation of...
Advice on marriage registration procedure in Vietnam
Question: I am guy who is a USA national and lives in New York, has decided to get married to my Vietnamese girlfriend whom he met in Vietnam. She currently lives and works in Hai Duong city. If we decide to get married in Vietnam, would you be able...
Reduce interest rate of loan’s outstanding balance for house assistance to 5% per annum
On January 02, 2014, the State Bank of Bank issued the Decision No. 21/QD-NHNN providing the interest rate of commercial bank applied in 2014 for loan’s outstanding balance for house assistance in accordance with the Circular No. 11/2013/TT-NHNN date May 15, 2013[...]
Principles to review the transfer of land use right which has been invested in infrastructure construction for the residents.
On November 21, 2013, the Ministry of Construction and the Ministry of Home Affairs promulgated Joint Circular No. 20/2013/TTLT-BXD-BNV[...]
BANKS MUST MAINTAIN THE MINIMUM CAPITAL ADEQUACY RATIO OF 8%
Takes effect on January 01, 2020, the Circular No. 41/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam prescribing prudential ratios for operations of banks and/or foreign bank branches.
One of the most important content is that banks without subsidiary companies and/or foreign bank branches must maintain the...
Legal consultant service regarding marriage registration with foreign elements
Client has intention to engage a legal consultant on advising and implementing the marriage registration with foreign elements in accordance with current Vietnam’s Laws. In which the parties in marriage need to satisfy the following general conditions:
+ The man has reached the age of twenty or over, the woman...
Processing goods left at the airport
On January 27, 2014, the Ministry of Finance issued the Circular No. 15/2014/TT-BTC guiding to process goods left in the area of customs supervision, including abandoned goods; goods lost without receiver[...]
Fees for flights over the vietnam’s airspace
On October 06, 2016, the Ministry of Finance issued the Circular No. 146/2016/TT-BTC dated October 06, 2016 of the Ministry of Finance providing for fees for flights over the Vietnam’s airspace and the collection, transfer and management thereof.
Accordingly, the fee for flight distance over the Vietnam's airspace under 500...
