Collecting and processing information

Collecting and processing information about labor supply and demand on july 1 of the same year

On July 24, 2015, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 27/2015/TT-BLDTBXH guiding for collecting, archiving and synthesizing the information of labor market, defining that the time for collecting and processing information about labor supply and demand on is 30 days and from...

To supplement export tax rate of 5% for the charcoal

On May 20, 2016, the Ministry of Finance issued the Circular No. 73/2016/TT- BTC dated May 20, 2016 of the Ministry of Finance on amending export tax rates on sawdust briquettes in the Heading No. 44.02 in schedule of coal export tariff issued together with the Circular No.182/2015/TT-BTC dated...

Bidding packages for consul Tancy services may select online contractors

In accordance with the Decree No. 63/2014/ND-CP issued by the Government on June 26, 2014 detailing a number of articles of the Bidding Law regarding contractor selection[...]

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...

New provision on land rental exemption and reduction

The Government issued Decree No. 135/2016/ND-CP  dated September 09, 2015 amending and supplementing a number of articles on collection of land rental and water surface rental, within that prescribed land rental exemption or reduction is not applied in the case of auction on land lease rights. Similarly, land use levy...
From 2015, incomes from casinos shall not be taxable

From 2015, incomes from casinos shall not be taxable

According to the Law No. 71/2014/QH13 dated November 26, 2014 amending and supplementing a Number of Articles of theLaws on Taxes approved by the National Assembly, incomes  from  independent  professional  activities  of  individuals possessing practice licenses or certificates in accordance with law and having  an  annual  turnover  of  100 ...
Development stage drilling must have environmental monitoring on a triennial basis

Development stage drilling must have environmental monitoring on a triennial basis

On May 28, 2015, the Ministry of Natural Resources and Environment issued the Circular No. 22/2015/TT-BTNMT stipulating the environmental protection in the process of using drilling fluids; waste management and environmental monitoring for offshore oil and gas operations. In accordance with regulations prescribed in this Circular, During the development stage...
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...

Credit institutions are entitled to overdraft for compensate for the shortage of capital in the inter-bank electronic payment

Takes effect on March 25, 2017, the Circular No. 29/2016/TT-NHNN dated October 12, 2016 stipulating overdraft and overnight lending applicable in the inter-bank electronic payment, to allow credit institutions to make payment in excess of the credit balance in their Vietnamese dong clearance account opened at the Banking Operation...

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.[...]