Deactivate the tin of the business entity of non-operation at registered address

In accordance with the Circular No. 95/2016/TT-BTC dated June 28, 2016 of the Ministry of Finance on guidelines for tax registration, the taxpayer shall be imposed sanctions for TIN usage as prescribed by relevant law provisions. After one year from the date on which the tax authority issued a...

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.[...]

Marriages and families involving foreign elements must go to the center for consultancy

On December 31, 2013, the Ministry of Justice issued the Circular No. 22/2013/TT-BTP detailing and guiding the implementation of some articles of the Decree No. 24/2013/ND-CP dated March 28, 2013 [...]
Pilot procedures for online issuance of certificate of origin

Pilot procedures for online issuance of certificate of origin

On April 24, 2015, the Minister of Industry and Trade signed the Decision No. 4082/QD-BCT on pilot procedures for online issuance of Certificate of Origin. Accordingly, within 03 months from April 24, 2015, the pilot procedures for online issuance of Certificate of Origin are applicable to applications for the Certificate...
exempt import taxes

From april 01, exempt import taxes of many commodities from japan

On February 14, 2015, the Ministry of Finance issued the Circular No. 24/2015/TT-BTC promulgating Vietnam’s Special Preferential Import Tariff to implement the ASEAN-Japan Comprehensive Economic Partnership Agreement during 2015-2019. Accordingly, applicable from April 1, 2015, through March 31, 2016, to apply the import tax rate of 0% for many commodities....

Exempt import tax within 05 years for raw materials or components

Circular No. 83/2016/TT-BTC issued by the Ministry of Finance on June 17, 2016 guiding the implementation of the investment incentive programs under the provisions of the Law on Investment and the Decree No. 118/2015/ND- CP dated November 12, 2015 specifying and guiding the implementation   of   several   articles   of   the ...

To 2020, number of domestically manufactured and assembled vehicles is 67%

With the viewpoints that the automobile industry is an industry that creates an important motive force for promoting industrialization and modernization and should be encouraged through stable[...]

Changes in organizational structure of the state bank of Vietnam

On November 11, 2013, the Government issued the Decree No. 156/2013/ND-CP of November 11, 2013, defining the functions, tasks, powers and organizational structure of the State Bank of Vietnam[...]

New regulations on bank transfer confirmation

On October 28, 2016, the Ministry of Finance issued the Circular No. 173/2016/TT-BTC on amending and supplementing the first paragraph of clause 3 Article 15 of Circular No. 219/2013/TT-BTC by the Ministry of Finance (amended by Circular No. 119/2014/TT-BTC, Circular No. 151/2014/TT-BTC and Circular No. 26/2015/TT-BTC by the Ministry...
vietnamese employees

Foreign organizations must make regular reports on recruitment of vietnamese employees

This is the prominent content prescribed at the Decision No. 19/2015/QD-TTg dated June 15, 2015 of the Prime Minister prescribing criteria for identifying hi-tech enterprises. Accordingly, from August 01, 2015, beside satisfying the criteria prescribed at Point a and b, Article 75 of the Investment Law, a hi-tech enterprise ...