Procedures of declaring value added tax for foreign contractors
On February 11, 2015, the Ministry of Finance signed the Decision No. 274/QD-BTC on publishing amendments and supplements of administrative procedures in the tax management under the Ministry of Finance’s authority.
Under this Decision, procedures of declaring tax for foreign contractors, foreign sub-contractors paying value added tax according to the...
All citizens are treated equal in exercising their right of access to information
Takes effect on July 01, 2018, the Law No. 104/2016/QH13 on information access passed on April 06, 2016 prescribes that all citizens are treated equal and not discriminated in exercising their right of access to information, the Government grants favorable opportunities for the disabled and those who reside in...
CONDITIONS FOR FACTORING ACTIVITY
On May 17, 2017, the State Bank of Vietnam issued the Circular No. 02/2017/TT-NHNN stipulating on factoring activity of credit institutions, foreign banks’ branches.
The Circular prescribing that for customers being residents, factoring unit shall consider and decide on factoring when customers being legal status that has legal personality of...
RESTRUCTURING THE ELECTRICITY SECTOR IN THE 2016 – 2020 PERIOD
n order to enhance effectiveness in business of the electricity sector ; improve the effectiveness of the electricity regulation for the purpose of ensuring the sustainable electricity system and meeting requirements for providing electricity safely, stably, and efficiently and apply electricity prices in line with market mechanism under the...
STATE ENTERPRISES NOT ALLOWED IN REAL ESTATES AND SECURITY
This content prescribed at the Decree No. 91/2015/ND-CP of the Government on October on investment of state capital in enterprises and management and use of capital and assets at enterprises, takes effect on December 01, 2015.
In particular, state enterprises may use assets and capital under their management and use...
Suspend the penalties for vehicle achieving the rate of below 10%
On July 08, 2014, the Government issued the Resolution No. 47/NQ-CP on the Government’s Regular Meeting – June 2014, approved that till December 31[...]
The late payment interest at 0.03% per day on the outstanding amount
This is the important content prescribed at the Decree No. 100/2016/ND-CP dated July 01, 2016 of the Government on elaboration and guidelines for some articles of the law on amendment of the law on value-added tax, the law on special excise duty and the law on tax administration.
On particular,...
25 Machines and eqyuipments with strict requirements on labor safefety
On March 06, 2014, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 05/2014/TT-BLDTBXH promulgating list of machines, equipment and supplies having strict requirement on labor safety[...]
From july 01, 2016, the driver must print the bill
From July 01, 2016, taxi must have the printing equipment connected with the taximeter; the driver must print the bill and hand it to passenger is the important content at the Decree No. 86/2014/ND-CP of the Government business and transportation business’s conditions for car.[...]
Guidelines for payment deducting of trade union fee
On November 21, 2013, the Government issued Decree No. 191/2013/ND-CP detailing on Trade- Union Finance[...]
