Procedures of declaring value added tax for foreign contractors

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...
Fine of for failing to pay the charge of forest environmental service

Fine of vnd 100,000 million for failing to pay the charge of forest environmental service

This is one of the important content of the Decree No. 40/2015/ND-CP dated April 27, 2015 of the Government amending and supplementing a number of articles of the Decree No. 157/2013/ND-CP dated November 11, 2013 of the Government on penalties for administration violations on regulations of forest management, development,...

ALLOWED TO SELL DUTY-FREE GOODS ON THE FLIGHT TO VIETNAM

The Prime Minister has just signed the Decision No. 39/2015/QD-TTg dated September 11, 2015 of the Prime Minister on amending and supplementing a number of articles of the duty-free trade issued with the Decision No. 24/2009/QD-TTg dated February 17, 2009 of the Prime Minister promulgating the Regulation on trading...
Agricultural production

Agricultural production may borrow a loan without collateral to vnd 3 billion

In accordance with the Decree No. 55/2015/ND-CP dated June 09, 2015 of the Government on credit policies for agricultural and rural development, organizations and individuals that may borrow loans including individuals and households residing in rural areas or engaged in production and business activities in the field of agriculture;...
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...
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...
legal updates lawyer24.net

Regulations on foreign investor’s purchase of Vietnam credit institution’s shares

The State Bank of Vietnam has just issued the Circular No. 38/2014/TT-NHNN dated December 08, 2014 on dossier, order and procedures for approving the foreign investor’s purchase of Vietnamese credit institution’s shares. At the same time, within 40 days from the date of full receipt of valid dossier, the...

TO ANNUL A NUMBER OF FEES IN VETERINARY SERVICES

The Ministry of Finance issued the Circular No. 113/2015/TT-BTC dated August 07, 2015 amending a number of articles of the Circular No. 04/2012/TT-BTC dated January 05, 2012 of the Ministry of Finance providing for the collection, payment, management and use of fees and charges in veterinary services. Accordingly, from August...

To fine to vnd 100 million if non-public offering of stocks failing to apply for securities

This is one of the important contents prescribed at the Decree No. 145/2016/ND-CP dated November 01, 2016 of the Government on amending the Government’s Decree No. 108/2013/ND-CP dated September 23, 2013 on penalties for administrative violations against regulations on securities and securities market. In particular, from December 15, 2016, any...
real estate transfer

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...