The initial issuance fee for certificate of registration for accounting and auditing practice is VND 1,2 million
On November, 14, 2016, the Ministry of Finance issued the Circular No. 271/2016/TT-BTC on amounts, collection and payment of assessment fees for issuance of certificates of practice registration, certificates of eligibility for providing accounting and auditing services.
In particular, assessment for issuance of certificate of eligibility for providing accounting and...
Hydro-meteorological forecast and warning is the conditional business investment sectors and trades
From July 01, 2016, to supplement the hydro-meteorological forecast and warning to the conditional business investment sectors and trades is the important content prescribed at the Law No. 90/2015/QH13 on Hydro-meteorology, passed by the National Assembly on November 23, 2015.
Also in accordance with this Law, hydro-meteorological forecast and warning...
To change organizational structure of Ministry of information and telecommunications
On October 16, 2013, the Ministry of Information and Telecommunications promulgated Decree No. 132/2013/ND-CP, defining the functions, tasks, powers and organizational structure of the Ministry of Information and Communications.[...]
Management of external communication activities of central-affiliated cities and provinces
On October 19, 2016, the Ministry of Information and Communications issued the Circular No. 22/2016/TT-BTTTT providing for the management of external communication activities of central-affiliated cities and provinces, including providing information for promotion of the province/city’s image and provision of explanatory or clarifying information.
The information concerning the promotion of...
License fees for organization engaging in business with the maximum level of VND 3 million
Takes effect on January 01,2017, the Circular No. 302/2016/TT-BTC dated November 15, 2016 of the Ministry of Finance guiding the license fees for the organizations and individuals engaging in business operation from VND 01 – 03 million/year.
Within that the amounts of annual licensing fees for organizations engaging in business...
WORKING TIME OF TEACHERS OF COLLEGE OR INTERMEDIATE LEVEL SHALL BE 44 WEEKS PER YEAR
Takes effect on July 01, 2017, the Circular No. 07/2017/TT-BLDTBXH dated March 10, 2017 of the Ministry of Labor, War Invalids and Social Affairs on working regime for vocational education teachers.
Accordingly, Working time of teachers of college or intermediate level shall be 44 weeks per year according to 40-hour...
An economic group or a corporation has at most 3 levels of enterprises
This is one of the contents prescribed at the Decree No. 69/2014/ND-CP dated July 15, 2014 of the Government on state economic groups and state corporations.[...]
Banks must converse basic foreign exchange activities before November of 2017
On October 05, 2016, the State Bank of Vietnam issued the Circular No. 28/2016/TT-NHNN on amending and supplementing a number of articles of Circular No. 21/2014/TT-NHNN of August 14, 2014, of the Governor of the State Bank of Vietnam, guiding the scope of foreign exchange activities and the conditions,...
Foreign loans over 10 million usd are subject to registration with the state bank
On September 15, 2014, the State Bank of Vietnam issued the Circular No. 25/2014/TT-NHNN guiding the procedure on registering and registering for changes of foreign loan of businesses not guaranteed by the Government[...]
Ordinary duties on imports applied for many products
On September 01, 2016, the Prime Minister issued the Decision No. 36/2016/QD-TTg dated September 01, 2016 of the Prime Minister on application of ordinary import duties according to Point c Clause 3 Article 5 of the Law on Export and import duties.
Accordingly, ordinary import duty of 5% shall be...