To free export tax for Vietnamese green label
On August 09, 2016, the Ministry of Finance issued the Circular No. 128/2016/TT-BTC on export duty exemption and reduction for environment-friendly products; and products from waste recycling and treatment activities prescribed in the Government’s Decree No. 19/2015/ND-CP of February 14, 2015, detailing a number of articles of the Law...
Male employees whose wives give birth to children are entitled to a maternity leave of 5-7 working days
This new content is formally regulated in the Insurance Law No. 58/2014/QH13 passed by the National Assembly on November 20, 2014. Accordingly, from 2016, male employees currently paying social insurance premiums whose wives give birth to children are entitled to a maternity leave of 5 working days; 7 working...
The maximum time limit extension for tax payment is 02 years
Many new contents on enterprise income taxes, personal income tax or VAT tax are prescribed by the Government at the Decree No. 91/2014/ND-CP dated October 01, 2014 amending, supplementing a number of Articles under the Decree regulating on Tax.[...]
THE REVOCATION OF WRITTEN CERTIFICATIONS OF ELIGIBILITY FOR ENVIRONMENTAL PROTECTION TAKES EFFECT WITHIN 2 YEARS
On September 09, 2015, the Ministry of Natural Resources and Environment issued the Circular No. 41/2015/TT-BTNMT on environmental protection in the import of scraps for use as production materials.
In accordance with the Circular, the Ministry of Natural Resources and Environment shall grant, re-grant or revoke a written certification of...
Not use money in other capital contribution
On January 29, 2015, the Ministry of Finance issued the Circular No. 09/2015/TT-BTC dated January 29, 2015 of the Ministry of Finance guiding financial transactions of enterprise prescribed in the Article 6 of the Decree No. 222/2013/ND-CP dated December 31, 2013 of the Government providing for cash payment.
At this...
After March 01, 2018, close current account of household fail to complete the change of account forms
Takes effect on March 01, 2017, the Circular No. 32/2016/TT-NHNN dated December 26, 2016 of the State Bank on amending the Circular No. 23/2014/TT-NHNN dated August 19, 2014 of the State Bank of Vietnam guiding the opening and use of payment accounts at payment service suppliers, before March 01,...
From 2015, incomes from casinos shall not be taxable
According to the Law No. 71/2014/QH13 dated November 26, 2014 amending and supplementing a Number of Articles of theLaws on Taxes approved by the National Assembly, incomes from independent professional activities of individuals possessing practice licenses or certificates in accordance with law and having an annual turnover of 100 ...
COMMERCIAL MEDIATORS MUST HAVE UNIVERSITY OR HIGHER DEGREE
Takes effect on April 15, 2017, the Decree No. 22/2017/ND-CP dated February 24, 2017 of the Government on commercial mediation prescribing that a commercial mediator must possess a university or higher degree and having at least 2 years’ working experience in the discipline he/she has studied; have full civil...
TO ESTABLISH THE DIRECTORATE OF NATURAL DISASTER PREVENTION AND CONTROL
This is the content prescribed at the Decree No. 15/2017/ND-CP of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Agriculture and Rural Development and takes effect on February 17, 2017.
In particular, beside units in the previous regulations such as the Department of Crop...
In 2020, GDP per capita is approximately 3,200 – 3,500 USD
The Resolution No. 142/2016/QH13 on 5-year socio- economic development plan from 2016-2020 passed by the National Assembly on April 12, 2016, Stabilize the macro- economy and boost the growth of national economy; restructure the economy, improve productivity and competitiveness. Foster national cultures, democracy, social justice, social welfare and security…
The...
