Cadres and civil servants are required to declare assets and income at vnd 50 millions or above
On November 20, 2018, the National Assembly issues the Anti-Corruption Law No. 36/2018/QH14 which includes many remarkable contents.
Accordingly, the following assets and income shall be declared:
- Land use rights, houses, construction works and other property attached thereto;
- Previous metals, gemstones, cash, financial instruments and other real property each of...
Providing the maximum interest rate applicable to usd deposits
On March 17, 2014, the State Bank of Vietnam issued the Circular No. 06/2014/TT-NHNN providing for the maximum interest rate applicable to USD deposits of organizations, individuals at credit institutions[...]
TO SHORTEN THE TIME FOR GRANTING THE EXIT AND ENTRY PERMITS TO 5 WORKING DAYS
From August 20, 2015, the time for granting the exit and entry permits is shortened from 6 working days to 05 working days is the important content prescribed at the Circular No. 31/2015/TT-BCA dated July 06, 2015 of the Ministry of Public Security guiding a number of contents on...
Assess the compliance with the tax law
On December 21, 2015, the Ministry of Finance issued the Circular No. 204/2015/TT-BTC providing for application of risk management in tax management including tax registration, declaration, payment, tax debt and enforcement of implementation of administrative decisions on tax, tax refund, tax verification and inspection, creation, printing, issue, management and...
Audits of projects financed by the governments on-lending of foreign borrowed funds
Takes effect on July 20, 2016, the Circular No. 79/2016/TT- BTC dated June 06, 2016 of the Ministry of Finance guiding the implementation of the financial audits of programs or projects financed by the Government’s on-lending of foreign borrowed funds on Auditing of eligibility to qualify for on-lent funds;...
Supplement guarantee insurance as the non-life insurance
On July 09, 2014, the Government issued the Decree No. 68/2014/ND-CP amending, supplementing a number of articles of the Decree No. 45/2007/ND-Cp dated March 27, 2007 of the Government detailing the implementation of a number of articles of the Insurance Business Law[...]
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...
Charge of VND 01 million for issuance of licenses for setting up representative offices of foreign movie establishments
On November 15, 2016, the Ministry of Finance issued the Circular No. 289/2016/TT-BTC on amounts, collection, payment, management and use of fees and charges in the cinematography.
In accordance with the Circular, the charge for issuance of licenses for setting up branches or representative offices of foreign movie establishments in...
Determination of land use levy when changing the land use purpose
According to the Circular No. 76/2014/TT-BTC dated June 16, 2014 of the Ministry of Finance guiding a number of articles of the Government’s Decree No. 45/2014/ND-CP of May 15, 2014, providing the collection of land use levy, for households or individuals that are leased by the State non-agricultural land with one-off rental payment for the entire lease period.[...]
Depositors are paid within 25 days after bank’s bankruptcy
On September 06, 2014, the State Bank of Vietnam issued the Circular No. 24/2014/TT-NHNN guiding some contents in deposit insurance and this Circular is applied to the subjects such as the Deposit Insurance of Vietnam.[...]
