legal news

Fail to remit the escrow account within 90 days must pay the late amount

In accordance with the Circular No. 41/2015/TT-BTC dated March 27, 2015 of the Ministry of Finance amending Article 9 of the Circular No. 39/2011/TT-BTC dated March 22, 2011 of the Ministry of Finance on re-arranging and dealing with state owned housing and land. Within 90 days since relevant authorities...
employees after recommending the jobs

Must supervise the employment status of employees after recommending the jobs

The Ministry of Labor, War Invalids and Social Affairs has just issued the Circular No. 07/2015/TT-BLDTBXH dated February 25, 2015 stipulating a number of Articles of the Decree No. 196/2013/ND-CP dated November 21, 2013 of the Government defining on establishment and operation of the Career Services Center and the...
Legal-Updates

Not destroy the invoice with incorrect buyer’s name and address

In accordance with the Circular No.  26/2015/TT-BTC dated February 27, 2015 of the Ministry of Finance guiding the value-added tax and tax administration in Decree No. 12/2015/ND-CP on guidelines for the Law on amendments to Laws, Decrees on taxations, and amendments to Circular No. 39/2014/TT-BTC on invoices for goods...
Law on Independent Audit in Vietam.

Law on Independent Audit in Vietam.

This Law regulates the principles, conditions, scope, and form of independent audit activities; the rights and obligations of practicing auditors, auditing firms, branches of foreign auditing firms in Vietnam and the units that are audited. Please see file attached. Law on Independent Audit in Vietam.
Legal consultant service regarding marriage registration with foreign elements

Legal consultant service regarding marriage registration with foreign elements

Client has intention to engage a legal consultant on advising and implementing the marriage registration with foreign elements in accordance with current Vietnam’s Laws. In which the parties in marriage need to satisfy the following general conditions: +         The man has reached the age of twenty or over, the woman...
Regulations-for-rank-promoted-terms

Regulations for rank-promoted terms

This is the new content prescribed at the Law No. 72/2014/QH14 Amending and Supplementing a Number of Articles of the Law on Officers of the Vietnam People’s Army passed by the National Assembly on November 27, 2014. In particular, The durations for rank promotion from Colonel to Major General or...
Cadets with distinction graduation shall be bestowed with ranks one grade higher

Cadets with distinction graduation shall be bestowed with ranks one grade higher

In accordance with the Law on the People’s Public Security Forces No. 73/2014/QH13 passed by the National Assembly, from July 01, 2015, cadets of People’s Public Security schools with distinction graduation shall be bestowed with ranks one grade higher instead of Sergeant for Intermediate-level school; Sergeant major for College...
To supplement 14 technologies banned from transfer

To supplement 14 technologies banned from transfer

On December 17, 2014, the Government issued the Decree No. 120/2014/ND-CP on Amending and supplementing a number of articles of the Government’s Decree No. 133/2008/ND-CP of December 31, 2008, detailing and guiding the implementation of a number of articles of the Law on Technology Transfer, decides to supplement 14...
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Dissolution of vocational education institutions if fails to operate

In accordance with the Law No. 74/2014/QH13 issued by the National Assembly on November 27, 2014, a vocational education institution shall be dissolved when it commits illegal acts causing serious consequences; past the suspension period of its training activities, it fails to solve the problem leading to such suspension;...
Guarantees principles borrow capital from credit institutions for state enterprises

Guarantees principles borrow capital from credit institutions for state enterprises

An enterprise may provide guarantees for its subsidiaries to borrow capital from credit institutions must not exceed the subsidiary’s equity capital is the important contents prescribed at the Law No. 69/2014/QH13 passed by the National Assembly on November 26, 2014. Accordingly, the total value of guarantees provided for a subsidiary...