Enterprise must establish a trade union organization within six months of operation
The Government has just issued the Decree No. 98/2014/ND-CP dated October 24, 2014 providing the establishment of political organizations and socio-political organizations at enterprises of all economic sectors.[...]
FROM JULY 01, 2016, ALL ENTERPRISES CONDUCTING REAL ESTATE TRADING MUST HAVE LEGAL CAPITAL OF VND 20 BILLION
At the Decree No. 76/2015/ND-CP dated September 10, 2015 of the Government guiding a number of articles of the Law on Real Estate Trading, the Government also emphasizes that enterprise wishes to conduct real estate trading must set up an enterprise or cooperatives which has an amount of legal...
Organizations performing motor vehicle inspection services not be allowed to be involved in auto transport services
On July 01, 2016, the Government issued the Decree No. 63/2016/ND-CP on requirements for motor vehicle inspection service business (automobiles, trailers, semi-trailers hauled by automobiles and similar vehicles).
Organizations that are granted inspection condition certificates shall be eligible for performing motor vehicle inspection services. Organizations performing motor vehicle inspection services...
Guiding the use of foreign currency’s accounts at authorized banks
In accordance with the Circular No. 16/2014/TT-NHNN dated August 01, 2014 of the State Bank of Vietnam guiding the use of accounts of foreign currency and Vietnamese dong at authorized banks for residents and non-residents[...]
Leaders of government – attached agencies must have reception of citizen at least 01 day/month
In accordance with the Decree No. 64/2014/ND-CP dated June 26, 2014 of the Government detailing a number of articles of the Law on Reception of Citizens.[...]
Many imported goods from china take the import interest rate of 0%
On September 01, 2016, the Government issued the Decree No. 128/2016/ND-CP on special preferential import tariff schedule of Vietnam for the implementation of the ASEAN - China Agreement on Trade in goods from 2016 – 2018, applicable to the imported goods from Brunei Darussalam; Kingdom of Cambodia, Republic of...
May borrow loans from commercial banks not exceeding 70% of the total investment
In accordance with the Decree No. 67/2014/ND-CP dated July 07, 2014 of the Government on a number of fisheries development policies, from August 25, owners of fishing ships or fishery logistics ships conducting fisheries activities with efficiency[...]
Agriculture company suffers a loss for three consecutive years shall be dissolved
This is the content prescribed at the Decree No. 118/2014/ND-CP dated December 17, 2014 of the Government on restructuring, developing and improving the agriculture and forestry companies.
In particular. an agriculture company shall be dissolved if it suffers a loss for three consecutive years because of subjective reasons with cumulative...
Audits of projects financed by the governments on-lending of foreign borrowed funds
Takes effect on July 20, 2016, the Circular No. 79/2016/TT- BTC dated June 06, 2016 of the Ministry of Finance guiding the implementation of the financial audits of programs or projects financed by the Government’s on-lending of foreign borrowed funds on Auditing of eligibility to qualify for on-lent funds;...
The tax rate applicable to incomes from real estate transfer is 2% of the tranfer value
From January 01, 2015, The tax rate applicable to incomes from real estate transfer is 2% of the transfer value and from securities transfer is 0.1% of the securities selling price of each transfer are the important contents in the Decree No. 12/2015/ND-CP dated February 12, 2015 of the...
