To guide the application of advance pricing agreements to tax administration

On December 20, 2013, the Ministry of Finance promulgated Circular No. 201/2013/TT-BTC guiding the application of Advance Pricing Agreements to Tax Administration. According to the Circular, the taxpayer shall decide whether the APA is unilateral, bilateral, or multilateral when submitting the APA application. While the APA application is processed, the...
public company

The rate of foreign ownership will not be restricted in the public company

In accordance with the Decree No. 60/2015/ND-CP dated June 26, 2015 of the Government amending and supplementing a number of articles of the Decree No. 58/2012/ND-CP dated July 20, 2012 of the Government stipulating in detail and guiding the implementation of a number of articles of the securities Law...

Time for granting a telecommunications service provision license is 15 days

This is the content of the Decree No. 81/2016/ND-CP dated July 01, 2016 of the Government amending and supplementing a number of articles of the Government’s Decree No. 25/2011/ND-CP dated April 06, 2011, detailing and guiding the implementation of a number of articles of the Law on Telecommunications. In particular,...
commission for insurance contracts

Maximun commission for insurance contracts of guarantee insurance is 10%

This is the content prescribed at the Circular No. 194/2014/TT-BTC dated December 17, 2014 of the Ministry of Finance on amending and supplementing a number of articles of the Circular No. 124/2012/TT-BTC dated July 30, 2012 of the Ministry of Finance guiding the implementation of a number of articles...

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...

Regulations on project appraisal and approval and design and estimate of works construction

On June 30, 3016, the Ministry of Construction issued the Circular No. 18/2016/TT-BXD detailing and guiding some contents on project appraisal and approval and design and estimate of works construction. In accordance with this Circular, project submission and appraisal, design and estimate of works construction in accordance with authority to...
Guidance for preparing financial statements

Guidance for preparing interim financial statements

On May 18, 2015, the Ministry of Finance issued the Circular No. 75/2015/TT-BTC amending the Article 128 of the Circular No. 200/2014/TT-BTC dated December 22, 2014 guiding the accounting policies for enterprises. In accordance with this Circular’s regulation, every enterprise which is required to prepare interim financial statements (quarterly...
Annul the experience factor for preschool foreign teachers

Annul the experience factor for preschool foreign teachers

In accordance with the Decree No. 124/2014/ND-CP dated December 29, 2014 of the Government amending Clause 6, Article 31 of the Government’s Decree No. 73/2012/ND-CP of September 26, 2012, on foreign cooperation and investment in education, from February 16, 2015, The foreign teachers and lecturers teaching in short-term training...

HANDING OUT LEAFLETS MAY HAVE A FINE TO VND 500,000

On March 20, 2017, the Government issued the Decree No. 28/2017/ND-CP on amending the Government's Decree No. 131/2013/ND-CP on penalties for administrative violations against copyrights and related rights and the Government's Decree No. 158/2013/ND-CP on penalties for administrative violations against regulations on culture, sports, tourism, and advertising. The Decree points...
Inland waterway transportation must have automatic dentification system equipment

Inland waterway transportation must have automatic dentification system equipment

This is one of the conditions for passenger transportation business along fixed routes in accordance with the Circular No. 110/2014/ND-CP issued by the Government on conditions for inland waterway transportation business. In particular, beside the condition that vessels are fitted with Automatic Identification System (AIS) equipment when operating along routes...