PEOPLE PROCESSING HOUSE OR LAND USE RIGHT AT LEAST 183 DAYS IS EXEMPT FROM PIT WHEN TRANSFERRING REAL ESTATE
On June 15, 2015, the Ministry of Finance issued the Circular No. 92/2015/TT-BTC on guidelines for vat and personal income tax incurred by residents doing business, amendments to some articles on personal income tax of the Law No. 71/2014/QH13 on the amendments to tax Laws and the Government's Decree...
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...
MANY CASES OF EXEMPTION FROM SEVERANCE TAX
On October 02, 2015, the Ministry of Finance issued the Circular No. 152/2015/TT-BTC guiding the severance tax, and the taxable items are metallic minerals; non-metallic minerals; products of natural forests; natural aquatic organisms, including marine animals and plants; natural water; natural bird’s nests other than those collected from construction...
Only pay outstanding debts in capital construction arising before 2015
On June 18, 2014, the National Assembly passed the Law No. 49/2014/QH13 on Public Investment and decides to only pay outstanding debts in capital construction arising before January 01, 2015[...]
Increase the import tax for petroleum to 35% from january 07
The Ministry of Finance has just issued the Circular No. 03/2015/TT-BTC dated January 6, 2015 of the Ministry of Finance amending the preferential import tax rate for some petroleum commodities in the Heading 27.10 in the Preferential Import Tariff, decide to increase the preferential import tax for leaded or...
Any advertisement giving incorrect information or confusing the customers shall be fined up to VND 140 million
In accordance with the Decree No. 71/2014/ND-CP dated July 21, 2014 of the Government detailing the Law on Competition on imposition of violation penalties against the Law on Competition.[...]
Prepay up to 15% when sign up the auction of national reserve commodities
In accordance with the Circular No. 89/2015/TT-BTC dated June 11, 2015 of the Ministry of Finance guiding warehouse, delivery, purchasing and selling of national reserve commodities, persons who sign up the auction shall be provided with information, documents related to commodities to be auctioned; must pay for the fee...
TUITION FEE FOR PUBLIC PRESCHOOL EDUCATION WITH MAXIMIZED LEVEL OF VND 300.000 PER MONTH
Take effect on December 01, 2015, the Decree No. 86/2015/ND-CP dated October 2, 2015 of the Government on mechanism for collection and management of tuition fees applicable to educational institution in the national education system and policies on tuition fee exemption and reduction and financial support from academic year...
THE LIST OF LICENSE-EXEMPT RADIO DEVICES AND ACCOMPANYING TECHNICAL AND OPERATIONAL CONDITIONS
On December 26, 2016, the Ministry of Information and Communications issued the Circular No. 46/2016/TT-BTTTT dated December 26, 2016 of the Ministry of Information and Communications on the List of license-exempt radio devices and accompanying technical and operational conditions.
The List of license-exempt radio devices includes 14 short range devices;...
Prohibit trading cigarettes, liquors on e-commerce management portal
On December 05, 2014 the Ministry of Industry and Trade issued the Circular No. 47/2014/TT-BCT on the management of e-commerce websites. This Circular does not apply to websites operating in the fields of finance, banking, credit and insurance; websites for trading and exchange of money, gold, foreign currencies and...
