Legal-Updates

Not destroy the invoice with incorrect buyer’s name and address

In accordance with the Circular No.  26/2015/TT-BTC dated February 27, 2015 of the Ministry of Finance guiding the value-added tax and tax administration in Decree No. 12/2015/ND-CP on guidelines for the Law on amendments to Laws, Decrees on taxations, and amendments to Circular No. 39/2014/TT-BTC on invoices for goods...
Hộ nghèo

Reducing the average poverty rate by 1.5%/year

This is one of the economic – social objectives directed by the Prime Minister at the Directive No. 22/CT-TTg on the elaboration of the 05 year socio-economic development plan from 2016 to 2020[...]

TIME FOR CIRCULATION OF ANIMAL FEEDS IN VIETNAM IS FIVE YEARS

On September 04, 2015, the Ministry of Agriculture and Rural Development issued the Circular No. 29/2015/TT-BNNPTNT dated September 04, 2015 of the Ministry of Agriculture and Rural Development on amending and supplementing a number of articles of the Circular No. 66/2011/TT-BNNPTNT dated October 10, 2011 of the Ministry of...
Gold jewelry with gold content of under 95% having export tax at 0%

Gold jewelry with gold content of under 95% having export tax at 0%

The Ministry of Finance has issued the Decision No. 788/QD-BTC dated April 27, 2015 on promulgating new administrative procedures on export of gold jewelry, goldsmiths’ wares and other golden articles in subheadings 71.13, 71.14, 71.15 of export tax schedule in the field of customs under the authority of Ministry...

National single-window mechanism for inspection of quality of imported goods

On June 03, 2016, the Ministry of Finance and the Ministry of Science and Technology issued Joint Circular No. 77/2016/TTLT-BTC-BKHCN guiding the implementation of the national single-window mechanism with respect to procedures for State inspection of quality of goods imported into Vietnam under the management of the Ministry of...
FROM 2016, TOTAL NUMBER OF NATIONAL ASSEMBLY DEPUTIES MUST NOT EXCEED 500

From 2016, total number of national assembly deputies must not exceed 500

The total number of National Assembly deputies must not exceed 500, including full-time and part-time National Assembly deputies, of which the number of full-time National Assembly deputies must account for at least 35% of the total number of National Assembly deputies is one of the most significant points under...
Law Employment

Circular No. 04/2015/TT-BLĐTBXH

Circular No. 04/2015 / TT-BLĐTBXH of the Ministry of Labour, Invalids and Social Affairs guiding the implementation of compensation, pension and health care costs of the employer to the employee accident labor, occupational diseases Accident workers decrease the ability to work from 5% - 10% shall be compensated at least...

Allowed to transfer socialization projects

This is the new guideline of the Government prescribed at the Decree No. 59/2014/ND-CP dated June 06, amending and supplementing a number articles of the Government’s Decree No. 69/2008/ND-CP of May 30, 2008, on policies to encourage socialization in the fields of education, vocational training, healthcare, culture, sports and environment[...]

ANNUAL PUBLIC DEBTS DO NOT EXCEED 65% GDP IN THE 2016-2020 PERIOD

At the Resolution No. 25/2016/QH14 on National 5-year financial plan in 2016 – 2020 period, the National Assembly requires ministries and agencies to gradually manage the budget according to the results of the implementation of the tasks; establish statistics of the budget according to the practices and international standards....

Determination of land use levy when changing the land use purpose

According to the Circular No. 76/2014/TT-BTC dated June 16, 2014 of the Ministry of Finance guiding a number of articles of the Government’s Decree No. 45/2014/ND-CP of May 15, 2014, providing the collection of land use levy, for households or individuals that are leased by the State non-agricultural land with one-off rental payment for the entire lease period.[...]