GOODS TEMPORARILY IMPORTED FOR SALE AT DUTY FREE SHOPS ARE EXEMPT FROM IMPORT DUTY AND VAT
The Government issued Decree No. 167/2016/ND-CP on December 27, 2016 on duty free business, prescribed that persons on exit or in transit, passengers onboard international flights from Vietnam or persons awaiting exit may purchase duty-free goods without limits in quantity and value but shall take responsibility for procedures and...
From 2016, issue the citizen’s identity cards instead of identity card
The National Assembly has just passed the Law No. 59/2014/QH13 dated November 20, 2014 decided to issued the citizen’s identity cards for Vietnamese citizens aged full 14 years or older from January 01, 2016.
Citizen’s identity card is a personal paper of a Vietnamese citizen which proves citizen identification of the...
SUPPLEMENT THE CASES ON THE DOCUMENT CEASE TO BE EFFECTIVE
On June 22, 2015, the National Assembly passed the Law No. 80/2015/QH13 on Promulgation of Legal Documents, within that, the most important contents is the supplementation on legal documents ceasing to be effective.
In particular, beside a legal document ceases to be effective in part or in whole such as...
STANDARD CONSTRUCTION CONSULTING COSTS
On February 15, 2017, the Ministry of Construction issued the Decision No. 79/QD-BXD on standard project management and construction consulting costs.
The most important content is the standard construction consulting costs; the construction consulting costs are used for determination of costs of consulting works in the total investment and construction...
Handling of backlogged goods at airports
In accordance with the Circular No. 203/2014/TT-BTC dated December 22, 2014 of the Ministry of Finance guiding the handling of backlogged goods within areas of customs operation. handling backlogged goods not For goods to be destroyed or For assets to be transferred to specialized management agencies for management and...
Retail raw materials that contain addictive ingredients
In accordance with the Circular No. 19/2014/TT-BYT dated June 02, 2014 of the Ministry of Health managing the addictive drugs, psychotropic drugs, and drug precursor substances[...]
RATES OF ENVIRONMENTAL PROTECTION CHARGE ON MINERAL EXPLOITATION ARE VND 100,000/TON FOR CRUDE
Takes effect on January 01, 2017, the Decree No. 164/2016/ND-CP dated December 24, 2016 of the Government on environmental protection charge on mineral exploitation prescribing that the rates of environmental protection charge on mineral exploitation are VND 100,000/ton for crude, VND 50/m3 for natural gas and coal seam gas,...
enterprise may make deductions for 10% of the income setting up its science and technology development fund
In accordance with the Decree No. 95/2014/ND-CP dated October 17, 2014 of the Government On investment in, and the financial mechanism applicable to, scientific and technological activities. A state enterprise shall annually deduct between 3% and 10% of the income liable to enterprise income tax to set up its...
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...
VAT refund for goods of foreigners
On May 30, 2014, the Ministry of Finance issued the Circular No. 72/2014/TT-BTC on the VAT refund for goods of foreigners, overseas Vietnamese’s goods (hereinafter referred to as foreigners) brought with when exit[...]
