The Vietnam Investment Law 2005
The Investment Law, which was passed on November 29, 2005, by the XIth National Assembly of the Socialist Republic of Vietnam at its 8th session.
From October 29, interest rate applicable to USD deposits
On October 28, 2014, the Governor of State Bank issued the Decision No. 2172/QD-NHNN dated October 28, 2014 of the State Bank of Vietnam providing for the maximum interest rate applicable to USD deposits of organizations, individuals at credit institutions in accordance with the Circular No. 06/2014/TT-NHNN dated March 17, 2014.[...]
Surrogacy arrangement in Vietnam
Question: I would like to know about surrogacy arrangement which is carrying of a pregnancy for intended parents. A couple (Non-Resident of Vietnam) who attempted IVF with no success and they have embryos stored in Thailand.We select a surrogate mother who is our relative and would like to go through...
Circular No. 04/2015/TT-BLĐTBXH
Circular No. 04/2015 / TT-BLĐTBXH of the Ministry of Labour, Invalids and Social Affairs guiding the implementation of compensation, pension and health care costs of the employer to the employee accident labor, occupational diseases
Accident workers decrease the ability to work from 5% - 10% shall be compensated at least...
Time for granting a telecommunications service provision license is 15 days
This is the content of the Decree No. 81/2016/ND-CP dated July 01, 2016 of the Government amending and supplementing a number of articles of the Government’s Decree No. 25/2011/ND-CP dated April 06, 2011, detailing and guiding the implementation of a number of articles of the Law on Telecommunications.
In particular,...
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...
50% reduction of personal income lax for individuals working in economic zones
The Ministry of Finance issued the Circular No. 128/2014/TT-BTC dated September 05, 2014 guiding the reduction of personal income tax for individuals working in economic zones and border-gate economic zones[...]
Salaries for employees joint-stock companies with state controlling stakes
In accordance with the Decree No. 53/2016/ND-CP dated June 13, 2016 of the Government regulating on management of employees, salaries, remunerations and bonuses by joint-stock companies with State controlling stakes. Employee salaries are according to payroll budget and the reality, every company shall determine the piece rate for production/business...
Income from the property lease vnd 100 million/year not required to pay VAT
The Ministry of Finance issued the Circular No. 119/2014/TT-BTC dated August 25, 2014 of the Ministry of Finance amending and supplementing a number of articles of the Circular No. 156/2013/TT-BTC, Circular No. 111/2013/TT-BTC, Circular No. 219/2013/TT-BTC, Circular No. 08/2013/TT-BTC, Circular No. 85/2011/TT-BTC, Circular No. 39/2014/TT-BTC and Circular No. 78/2014/TT-BTC in order to simplify tax formalities.[...]
Multi-level makerting business must have minimum capital of vnd 10 billion
This is one of new contents prescribed at the Decree No. 42/2014/ND-CP dated May 14, 2014 of the Government on management of multi-level marketing activities[...]
