50% reduction of personal income lax for individuals working in economic zones
The Ministry of Finance issued the Circular No. 128/2014/TT-BTC dated September 05, 2014 guiding the reduction of personal income tax for individuals working in economic zones and border-gate economic zones[...]
Reduce interest rate of loan’s outstanding balance for house assistance to 5% per annum
On January 02, 2014, the State Bank of Bank issued the Decision No. 21/QD-NHNN providing the interest rate of commercial bank applied in 2014 for loan’s outstanding balance for house assistance in accordance with the Circular No. 11/2013/TT-NHNN date May 15, 2013[...]
From 2016, issue the citizen’s identity cards instead of identity card
The National Assembly has just passed the Law No. 59/2014/QH13 dated November 20, 2014 decided to issued the citizen’s identity cards for Vietnamese citizens aged full 14 years or older from January 01, 2016.
Citizen’s identity card is a personal paper of a Vietnamese citizen which proves citizen identification of the...
Latest regulations on corporate income tax incentives for special investment projects
On 6th October 2021, the Prime Minister issued the Decision No. 29/2021/QĐ-TTg on regulations on special investment incentives.
In which, there are regulations on corporate income tax incentives for special investment projects.
For example, the preferential tax rate of 7% for a period of 33 years applies to income from investment projects in one of the following...
Requirements of judicial expertise in construction
On July 01, 2016, the Government issued Decree No.62/2016/ND-CP on regulations on requirements of judicial expertise in construction and construction experiments, applies to organizations, individuals at home and abroad involved in construction activities in the territory of Vietnam.
According to this Decree, construction judicial experts shall not only meet all...
To exempt from customs declaration for postal articles in diplomatic and consular bags
On April 14, 2015, the Ministry of Finance issued the Circular No. 49/2015/TT-BTC dated April 14, 2015 o providing customs procedures for mails and parcels and bales of imports and exports sent via postal services provided by designated enterprises.
In accordance with this Circular, imported and exported mails sent via...
Have right to choose the location of tax payment for export and import goods
The taxpayers directly pay taxes at the State Treasury or at the credit institution is the new content prescribed at the Circular No. 126/2014/TT-BTC dated August 28, 2014 of the Ministry of Finance [...]
The Vietnam Enterprise Law 2005
This Law provides for the establishment, management organization and operation of limited liability companies, joint-stock companies, partnerships and private enterprises (hereinafter referred collectively to as enterprises) of all economic sectors; and groups of companies. [...]
The provision of e-customs declaration information
The statute on provision and use of e-customs declaration information was promulgated on August 19, 2016 at Decision No. 33/2016/QD-TTg by the Prime Minister.
According to the statute, e-customs declaration information will be sent to information users from the customs information portal within 1 minute as of the receipt of...
Post Violator’s information on the national database
On March, 2016, the Government issued the Decree No.20/2016/ND-CP prescribing the national database on handling of administrative violations - a collection of data on handling of administrative violations that are created, updated, maintained, exploited and used via electronic equipment to serve the state management of handling of administrative violations...
