The application of the Advanced Pricing Agreement (APA) mechanisms in tax administration for enterprises that have associated transactions
On June 18, 2021, The Ministry of Finance issued Circular No 45/2021/TT-BTC guiding the application of the Advanced Pricing Agreement (APA) mechanisms in tax administration for enterprises that have associated transactions.
Accordingly, the regulations of APA proposing transactions as follows:
- APA proposing transactions are associated transactions specified in Clause 2, Article 1 Decree No 132/2020/ND-CP.
Currently, APA transactions are...
Some new points of Circular 09/2021/TT-NHNN
On 7 July 2021, the State Bank of Vietnam (“SBV”) issued Circular 09/2021/TT-NHNN (“Circular 09”) amending and supplementing a number of articles of Circular 42/2015/TT-NHNN dated 31 December 2015 of the Governor of the State Bank of Vietnam prescribing regulations on open-market operations.
Hereunder are some noteworthy points in Circular...
10 days before termination ATMS service providers must inform the locality state bank
On December 28, 2018, the State Bank of Vietnam issues the Circular No. 44/2018/TT-NHNN on amendments and supplements to certain articles of the Circular No. 36/2012/TT-NHNN dated December 28, 2012 of State Bank’s Governor prescribing installation, management, operation and maintenance of safety for operations of automated teller machines.
- Within...
Law on Credit Institutions of Vietnam 2010
Law on Credit institutions of Vietnam 2010 , No. 47/2010/QH12, was passed on June 16, 2010, by the XIIth National Assembly of the Socialist Republic of Vietnam[....]
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[...]
Pricing measurement of rooftop solar power projects
The Prime Minister promulgates the Decision No. 02/2019/QD-TTg on amendments and supplements to certain articles of the Prime Minister’s Decision No. 11/2017/QD-TTg dated April 11, 2017 on mechanism for encouragement of development of solar power in Vietnam on January 08, 2019.
For rooftop solar power projects:
- Rooftop solar power projects...
GUIDELINES FOR PILOT FAMILY MEDICINE PRACTICES PURSUANT TO CIRCULAR NO. 21/2019/TT-BYT
Pursuant to Decree No. 109/2016/ND-CP on issuance of operating license for practitioner and operation license for medical examination and treatment facilities and Decree No. 155/2018/ND-CP on amendments to a number of provisions relating the business investment conditions under state management of the Ministry of Health: The family medicine facility...
The level of advance payment must not exceed 50% of the contract value
In accordance with the Decree No. 37/2015/ND-CP dated April 22, 2015 of the Government prescribing in detail construction contracts, within that, the level of advance payment must not exceed 50% of the contract value.
In special cases, this level shall be permitted by the competent investment decider, or by the...
Import conditions of automobiles and motorcycle for repatriated overseas Vietnamese citizens
On February 12, 2014, the Ministry of Finance issued the Circular No. 20/2014/TT-BTC prescribing the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are permitted to register permanent residence in Vietnam.
Within that, the most important contents are the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are Overseas Vietnamese citizens [...]
The Vietnam Competition Law 2004
Pursuant to the 1992 Constitution of the Socialist Republic of Vietnam, which was amended and supplemented under Resolution No. 51/2001/QH10 of December 25, 2001 of the 10th National Assembly, the 10th session; [...]
