Add more superior people’s procuracies from february, 2015
This is the important contents prescribed at the Law No. 63/2014/QH13 on Organization of People’s Procuracies passed by the National Assembly on November 24, 2014.
Accordingly, from February 01, 2015, the people’s procuracy system includes the Supreme People’s Procuracy. Superior people’s procuracies; People’s procuracies of provinces and centrally run cities;...
From july, 2015, Enterprises may decide on the appearance, quantity of seal
From July 01, 2015, enterprises may decide on the appearance, quantity and content of seal and before using a seal, an enterprise shall notify the seal specimen to the business registration agency for publicly posting on the national enterprise registration portal. These are significant contents as prescribed under the...
FROM 15/2, COMPANY OF PRIZE-REWARDING ELECTRONIC GAMING BUSINESS MUST POSSESS THE CHARTER CAPITAL OF NO LESS THAN VND 200 BILLION
From February 15, a company shall only qualify for the certification of eligibility for prize-rewarding electronic gaming business after being licensed by competent authorities to establish and operate a tourist accommodation establishment and registering for conducting the prize-rewarding electronic gaming business pursuant to the law and have possession of...
IDENTIFICATION OF FOREIGN WORKERS INTERNALLY REASSIGNED BY ENTERPRISES
On December 28, 2017, the Ministry of Industry and Trade issued the Circular No. 35/2016/TT-BCT on identification of foreign workers who are eligible for work permit exemption and internally reassigned by enterprises operating within eleven service sectors specified in Vietnam’s WTO commitments on services.
Accordingly, Grounds for identification of foreign...
The maximum time limit extension for tax payment is 02 years
Many new contents on enterprise income taxes, personal income tax or VAT tax are prescribed by the Government at the Decree No. 91/2014/ND-CP dated October 01, 2014 amending, supplementing a number of Articles under the Decree regulating on Tax.[...]
Subjects allowed to use foreign exchange within Vietnam’s territory
On December 26th 2013, the State Bank of Vietnam issued Circular No. 32/2013/TT-NHNN on guiding the implementation of regulations on restricting the use of foreign exchange within the territory of Vietnam and residents are allowed to contribute capital in foreign currency by transfer in order to perform foreign investment projects in Vietnam. [...]
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.
Management and use of seals
The Decree No. 99/2016/ND-CP on management and use of seals is issued by the Government on July 01, 2016, provides for the management and use of seal of state bodies, people’s armed forces and bodies of the organizational system of Communist Party of Vietnam, Vietnam Fatherland Front, social –...
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...
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...
