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EXTENDING THE DEADLINE FOR PAYING TAXES AND LAND RENTS

Extending the deadline for paying taxes and land rents In furtherance of Directive No. 11/CT-TTg of the Prime Minister, on March 26th 2020, the Minister of Finance signed the Government Report No. 3540/TTr-BTC on the extension of the deadline for tax payments and land rents (hereinafter referred to as the “Decree”) to support enterprises, households […]

DEFERRAL OF PENSION AND SURVIVORSHIP ALLOWANCE CONTRIBUTION DURING WORK SUSPENSION DUE TO COVID-19

Amid complicated Covid-19 situation, several state agencies have issued official dispatches guiding enterprises affected by the pandemic, specifically as follows: Vietnam Social Security has issued Official Dispatch No. 860/BHXH-BT on March 17th 2020 providing guidance on the suspension of payment of retirement, survivorship allowances to those affected by Covid-19 epidemic. The provincial-level Social Security shall […]

COVID-19 – STRICT PUNISHMENT ON FAILURE TO DECLARE & SELF-ISOLATE, PROVIDE UNTRUE INFORMATION

The Government classified Covid-19 as “Group A infectious disease, a global emergency”; a lack of awareness and responsibility in medical declarations may result in serious consequences. These individuals should be condemned and take full responsibility for their fraudulent and dishonest acts. Currently, the law has specific provisions on prohibited acts in the prevention and control […]

CIRCULAR NO. 01/2020/TT-NHNN REGARDING RESCHEDULE THE REPAYMENT, EXEMPT, REDUCE INTEREST AND FEES, MAINTAIN DEBT GROUPS

To implement the Directive No. 11/CT-TTg on March 04th 2020 of the Prime Minister, the State Bank of Vietnam issued Circular No. 01/2020/TT-NHNN on March 12th 2020 (“Circular 01”) regulating the credit institutions, foreign bank branches to reschedule the repayment, exempt, reduce interest and fees, maintain debt groups to support customers affected by the epidemic […]