Fees for issuance of the license for establishment of a bank is VND 140 million/license
This is the important content prescribed at the Circular No. 150/2016/TT-BTC dated October 14, 2016, providing for fees for issuance of license for establishment and operation of credit institutions; license for establishment of foreign banks’ branches, representative offices of foreign credit institutions or other foreign organizations having banking activities;...
MUST DECLARE INCOME IN SOFTWARE PRODUCTION
The Ministry of Information and Technology issued the Circular No. 16/2014/TT-BTTTT dated November 18, 2014 on identifying the software production; within that, the most important content is the requirements applied to software producers.
Accordingly, organizations and companies must have Certificates of Business registration, certificates of investment, or written appointments issued...
Support to develop the sectors with the maximum Loan of VND million/household
number of Articles of the Circular No. 06/2009/TT-NHNN dated April 09, 2009 of the State Bank of Vietnam[...]
Extra-small enterprises shall not bound to appoint the chief accountant
The Ministry of Finance issues the Circular No. 132/2018/TT-BTC on providing guidance on accounting regimes of extra-small enterprises.
Accounting regimes have some particular points as follow:
- For the design of the structure: Extra-small enterprises shall be charged with performing accounting duties without being bound to appoint the chief accountant;
- Extra-small...
Prohibit trading cigarettes, liquors on e-commerce management portal
On December 05, 2014 the Ministry of Industry and Trade issued the Circular No. 47/2014/TT-BCT on the management of e-commerce websites. This Circular does not apply to websites operating in the fields of finance, banking, credit and insurance; websites for trading and exchange of money, gold, foreign currencies and...
Add more superior people’s courts
Instead of having the Supreme People’s Court; Courts of provinces and centrally run cities; Courts of rural districts, urban districts, towns, provincial cities and the equivalent and Military courts as current regulations, from June, 2015, the people’s courts system add more Superior people’s courts. This is the new content...
Not requires to be implement the inspection conclusions pending instructions
Smuggling, illegal transport of goods across the border, trade frauds and counterfeits remain complicated with sophisticated trickeries associated with corruption causing loss to state budget and natural resources, imposing negative impacts on environment of investment, trading and international integration..On June 09, 2015, the Government issued the Resolution No. 41/NQ-CP...
From january 01,2015, increase regional minimum wage levelt
In accordance with the Decree No. 103/2014/ND-CP dated November 11, 2014 of the Government providing stipulating regional minimum wage level for laborers working for enterprises[...]
SUPPLEMENT THE CASES ON THE DOCUMENT CEASE TO BE EFFECTIVE
On June 22, 2015, the National Assembly passed the Law No. 80/2015/QH13 on Promulgation of Legal Documents, within that, the most important contents is the supplementation on legal documents ceasing to be effective.
In particular, beside a legal document ceases to be effective in part or in whole such as...
Import of steel scraps must deposit from 10% – 20%
In order to ensure that scrap importers take responsibility for handling environmental risks and pollution which may arise from the imported scrap lots, in the Decree No. 38/2015/ND-CP dated April 24, 2015 on the management of wastes and scraps, the Government requires scrap importers to pay deposits at Vietnam...
