Enterprise earns at least usd 100 million in annual turnover from import, export shall have priority policy
On May 12, 2015, the Ministry of Finance issued the Circular No. 72/2015/TT-BTC dated May 12, 2015 of the Ministry of Finance guiding the application of priority policy in customs procedures, customs inspection and supervision for exported and imported goods of enterprises.
In accordance with this Circular, to receive the...
CHANGE THE LEVEL OF CASE-BASED REMUNERATION FOR LAWYERS PROVIDING LEGAL AID
From November 10, 2015, If legal aid is provided in the form of participation in legal proceedings, the remuneration level for the lawyer providing legal aid as required is equal to VND 500,000 for a working session or a fixed amount for a case of between 3 months’ basic...
Tax exemption for the government bond in the international market
On November 01, 2014, the Government issued the Resolution No. 78/NQ-CP on tax exemption for the Government bond in the international market in 2014.
At the Resolution, the Government decides to exempt the enterprise income tax and personnel income taxes for incomes from Government bond’s interest in the international market...
License fees for organization engaging in business with the maximum level of VND 3 million
Takes effect on January 01,2017, the Circular No. 302/2016/TT-BTC dated November 15, 2016 of the Ministry of Finance guiding the license fees for the organizations and individuals engaging in business operation from VND 01 – 03 million/year.
Within that the amounts of annual licensing fees for organizations engaging in business...
Limit on trading, providing interest rate derivative products
According to the Circular No. 01/2015/TT-NHNN dated January 06, 2015 of the Vietnam State Bank stipulating trading and provision of interest rate derivative products of commercial banks, foreign bank branches, credit institutions, foreign bank branches are permitted trading, providing and using interest rate derivative products when limit of net...
The electricity retail tariff is from 0-50 kWh is 92% of the average price
On April 07, 2014, the Prime Minister signed the Decision No. 28/2014/QD-TTg on structure of electricity retail tariff.
In particular, this Decision regulates that the electricity retail price for domestic purposes include 6 levels, from 0 – 50 kWh is 92%; from 51 – 100 kWh is 95% [...]
Regulations on building construction price
This is one of the contents prescribed at the Circular No. 06/2016/TT-BXD dated March 10, 2016 of the Ministry of Construction guiding the determination and management of construction investment costs.
In accordance with this Circular, the construction works price includes the detailed construction unit price of works and the general...
Exempt civil status fees when having birth registration on time
On November 20, 2014, the Law No. 60/2014/QH13 on Civil Status is passed by the XIIIth National Assembly of the Socialist Republic of Vietnam at its 8th session which takes effect onJanuary 01, 2016 regulates that Vietnamese citizens and stateless persons permanently residing in Vietnam have the civil status registration...
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...
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,...
