VAT rate for unprocessed processed cultivation, husbandry or quatic products
On June 26, 2014, the Ministry of Finance issued the Circular No. 83/2014/TT-BTC guiding the application of value-added tax according to Vietnam’s list of imports; within that the most important content is the VAT rate applicable to unprocessed or preliminarily processed cultivation, husbandry or aquatic products, and fresh or raw foods at the stage of trading.[...]
FROM 15/2, COMPANY OF PRIZE-REWARDING ELECTRONIC GAMING BUSINESS MUST POSSESS THE CHARTER CAPITAL OF NO LESS THAN VND 200 BILLION
From February 15, a company shall only qualify for the certification of eligibility for prize-rewarding electronic gaming business after being licensed by competent authorities to establish and operate a tourist accommodation establishment and registering for conducting the prize-rewarding electronic gaming business pursuant to the law and have possession of...
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 ...
Applying special excise duty to beer products based on alcohol content
Based on viewpoints of developing beer – alcohol – beverage industry by balancing the production and consumption between regions nationwide in order to prevent overusing alcoholic beverages, the Minister of Industry and Trade signed the Decision No. 3690/QD-BCT dated September 12, 2016 of the Ministry of Industry and Trade...
LEGAL CAPITAL LEVEL OF A CREDIT RATING AGENCY IS VND 15 BILLION
The legal capital level of a credit rating agency for its credit rating activities is VND fifteen (15) billion is the content prescribed at the Decree No. 88/2014/ND-CP dated September 26, 2014 of the Government on credit rating services. The legal capital level is exclusive of legal capital...
brand name is not listed in the procurement bidding dossiers
Procurement bidding dossiers not allowed to list the brand name, specific origin of goods which can cause unfair competition is the important content prescribed at the Circular No. 05/2015/TT-BKHDT dated June 16, 2015 of the Ministry of Planning and Investment detailing the making of goods procurement bidding dossiers.
On taxes,...
Principles to review the transfer of land use right which has been invested in infrastructure construction for the residents.
On November 21, 2013, the Ministry of Construction and the Ministry of Home Affairs promulgated Joint Circular No. 20/2013/TTLT-BXD-BNV[...]
Quota on energy consumption of the steel industry
On September 20, 2016, the Ministry of Industry and Trade issued the Circular No. 20/2016/TT-BCT on the quota on energy consumption of the steel industry.
In accordance with the regulations at this Circular, to the end of 2020, The quota on energy consumption of the steel industry is 14,000 MJ/ton...
Transactions not required to be reported
On November 11, 2014, the State Bank of Vietnam issued the Circular No. 31/2014/TT-NHNN amending and supplementing a number of articles of Circular No. 35/2013/TT-NHNN of December 31, 2013 guiding the implementation of a number of provisions on anti-money laundering. Of which, there are important amendments on intensive assessment...
The fee for initial list of stock is 10 million vnd
In accordance with the Circular No. 65/2016/TT-BTC dated April 26, 2016 of the Ministry of Finance prescribing rates and the collection, remittance, management and use of charges for securities operations to be applied at the stock exchanges and the Vietnam securities depository center, in the case of changing on...
