News

Policy updates

 

01
Sep

FROM 2020, INVESTOR CAN BE FINED UP TO A BILLION DONG IF THE INVESTOR IS FAILURE TO CARRY OUT PROCEDURES TO ISSUE A CERTIFICATE FOR CUSTOMERS

From January 5th 2020, Decree No. 91/2019/ND-CP on November 19th 2019 of the Government stipulating the administrative sanctions relating to land (hereinafter referred to as “Decree 91”), shall take effect...
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31
Aug

PROPOSAL ON INCREASING THE LEVEL OF REDUCTION BASED ON FAMILY CIRCUMSTANCES FROM PRE-TAX INCOME OF A PERSON UP TO 11 MILLION DONG

Under the provisions of the Law on personal income tax, family circumstance-based deduction consists of two parts: Reduction for the taxpayer (which is VND 9 million per month and VND...
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31
Aug

INVESTMENT LAW DRAFT: STRICT SUPERVISION ON FOREIGN INVESTORS DUE TO DEFENSE SECURITY

In recent meetings, the National Assembly is taking time to consider and approve 10 law projects, 5 draft resolutions and comment on 6 other laws. In particular, the draft Law...
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31
Aug

OFFICIAL DISPATCH GUIDING DECREE NO. 43/2020/ND-CP REGARDING TAX PAYEMNT EXTENSION

On May 20, 2020, the Ministry of Finance issued Official Dispatch no. 5977/BTC-TCT on the implementation of Decree no. 41/2020 regarding corporate income tax (CIT) and value-added tax (VAT) payment...
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31
Aug

DECREES GUIDING CRIMINAL JUDGEMENT EXECUTION OF COMMERCIAL LEGAL ENTITY

To facilitate the criminal judgment execution process with respect to commercial legal entities, the Government had issued Decree no. 44/2020/ND-CP (hereinafter referred to as “Decree no.44”) and Decree no. 55/2020/ND-CP...
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