To reduce pit of individuals working in the IT industry by 50%

This is one of the most important solutions on tax incentives for developing and applying information technology in Vietnam issued with the Resolution No. 41/NQ-CP dated May 26, 2016 of the Government. In particular, beside the policy that personal income tax on salary-based and wage-based incomes of individuals working in...

Charge for licensing of the export of workers in overseas term employment 5 million/time

According to Circular No. 259/2016/TT-BTC dated November 11, 2016 of the Ministry of Finance on the rate, collection, submission, administration and use of the fee for verification of documents and the charge for licensing of the export of Vietnamese workers on contract basis, charge for new licensing of the...

FREE TAX FOR PURCHASE, SALE AND EXCHANGE OF GOODS BY BORDER INHABITANTS

The subjects are entitled to exemption from import duty and other taxes (if any) for purchased, sold or exchanged goods valued at no more than VND 2,000,000 (two million)/person/day/time, for 4 times at most a month, for goods on the Ministry of Industry and Trade-promulgated list of goods allowed...

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...

GUIDING THE DETERMINATION AND MANAGEMENT OF CONSTRUCTION SURVEY COSTS

In accordance with the Circular No. 01/2017/TT-BXD dated February 06, 2017 guiding the determination and management of construction survey costs, project owners shall assume the prime responsibility for ensuring quality of construction surveys and managing construction survey costs. Within that, construction survey costs shall be correctly and fully calculated for...
Telecommunications enterprise holding

Telecommunications enterprise holding the essential instruments must apply for model connectivity agreement

In accordance with the Circular No. 07/2015/TT-BTTTT dated March 24, 2015 of the Ministry of Information and Communications on telecommunication connectivity, within 30 working days from the day on which a telecommunications enterprise is determined to be the one holding the essential instruments, such enterprise shall prepare, submit directly...

Fees for processing of applications for the license to use industrial explosives is VND 5 million

Any organizations applying for the license to use industrial explosives granted by competent state authorities must pay the fees for processing of applications for the license to use industrial explosives must pay between VND 2 million – VND 5 million depending on different purpose. The fee for processing of application...

Quickly detect and tackle with tobacco smuggling

Before the developments in the tobacco smuggling, trafficking, concealment and trading in illegally imported tobacco have still occurred seriously, especially in the provinces and cities below: Quang Tri, Tay Ninh, Long An, Dong Thap, An Giang, Kien Giang, Ho Chi Minh, Da Nang, Hai Phong, Quang Ninh…[...]

06 forms for social enterprise registration

On May 17, 2016, the Ministry of Planning and Investment issued the Circular No. 04/2016/TT-BKHDT on the forms for social enterprise registration under the Government’s Decree No. 96/2015/ND-CP detailing a number of articles of the Law on Enterprises 06 forms used in social enterprise registration includes Statement of commitments to...

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...