Business households employ more than 10 regular employees have a fine to vnd 5 million
This is one of the important content sprescribed at the Decree No. 50/2, 2016 of the Government on penalties for administrative violations against regulations on planning and investment, takes effect on July 15, 2016.
In particular, from July 15, 2016, business households employ more than 10 regular...
Regulations on time limit for e-customs declaration
In accordance with the Circular No. 22/2014/TT-BTC dated February 14, 2014 of the Ministry of Finance providing e-customs procedures for commercial imports and exports, customs declaration shall be made after goods are fully gathered [...]
Exempt licensing fees for households having annual revenues of less than vnd 100 million
The individuals, groups of individual and households that have their trade/production activities with annual revenues of less than VND 100 million shall be exempted from licensing fees is the important content prescribed at the Decree No. 139/2016/ND-CP dated October 04, 2016 of the Government on licensing fees.
Beside the individuals,...
A hi-tech enterprise has 5% staff members holding a university or higher degree
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 ...
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...
Social insurance inspectors must have at least 1 year of experience
This is an important content specified at Decree No.21/2016/ND-CP dated March 31, 2016 of the Government on specialized inspection by social insurance agencies of contribution to social insurance, unemployment insurance and health insurance.
To conduct specialized inspection of contribution to social insurance, unemployment insurance and health insurance, inspector must have...
EMPLOYEE POLICIES IN THE CONTEXT OF TRANSFORMATION OF PUBLIC SERVICE ESTABLISHMENTS
On October 25, 2016, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 35/2016/TT-BLDTBXH providing guidance on implementation of employee policies in the context of transformation of public service establishments into Joint-Stock Companies under the Prime Minister’s Decision No. 22/2015/QD-TTg dated June 22, 2015.
Employees that...
Digital certificates that are used in financial operations
This is the new content of Decree No. 156/2016/ND-CP dated November 21, 2016 of the Government on amending the Decree No. 27/2007/ND-CP dated February 23, 2007 of the Government on e-transactions in financial activities.
In particular, digital certificates that are used in digital signatures in financial operations between organizations, individuals...
25 Machines and eqyuipments with strict requirements on labor safefety
On March 06, 2014, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 05/2014/TT-BLDTBXH promulgating list of machines, equipment and supplies having strict requirement on labor safety[...]
BANKS MUST MAINTAIN THE MINIMUM CAPITAL ADEQUACY RATIO OF 8%
Takes effect on January 01, 2020, the Circular No. 41/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam prescribing prudential ratios for operations of banks and/or foreign bank branches.
One of the most important content is that banks without subsidiary companies and/or foreign bank branches must maintain the...
