ATS Publications
GROUND FOR TERMINATION OF INVESTMENT PROJECTS CLEARER AND ADJUSTED
The Law on Investment (LOI) 2020 clearly differentiates two groups of circumstances for termination of an investment project: those induced by the investors and those decided by the licensing authorities. For the latter, the...
NEW REGULATIONS ON ENTITIES ELIGIBLE FOR INVESTMENT INCENTIVES
Entities eligible for investment incentives prescribed in clause 2 of Article 15 in the 2020 Investment Law in force from January 1, 2021, will include: - Investment projects in business lines eligible...
USING E-INVOICES IS NOT A MUST FROM NOVEMBER 1, 2020
This is the highlight of the Decree No. 123/2020/ND-CP on invoices and evidencing documents, in force on July 1, 2022. In particular, Clause 2 and 4 of Article 35 in the Decree No. 119/2018/ND-CP, setting...
TIME LIMIT FOR APPRAISING CONSTRUCTION WORKS OF SPECIAL GRADE IS 45 DAYS MAXIMUM
On September 18, 2020, the Government promulgates Decree No. 113/2020/ND-CP on detailing Point dd, Clause 3, Article 3 of the Law Amending and Supplementing a Number of Articles of the...
GUIDANCE ON REDUCTION 30% OF ENTERPRISE INCOME TAX PAYABLE IN 2020
On September 25, 2020, the Government issues Decree No. 114/2020/ND-CP on detailing the implementation of the National Assembly’s Resolution No. 116/2020/QH14 on reduction of enterprise income tax payable in 2020...
CASES WHERE AN ENTERPRISE CONSIDERED AS HAVING TRANSACTIONS WITH RELATED PARTIES
The Government issues Decree No. 132/2020/ND-CP on prescribing tax administration of enterprises having transactions with related parties on November 05, 2020. In addition to 10 cases specified in current regulations, there is...
09 ALLOCATION PRINCIPLES OF PUBLIC INVESTMENT USING STATE BUDGET
On July 08, 2020, the Standing Committee of the National Assembly promulgates the Resolution No. 973/2020/UBTVQH14 regulating the principles, criteria and norms of allocating public investment using state budget for the period 2021-2025. In...
New cases of using illegal invoice and documents
Decree No. 126/2020/ND-CP dated October 19th, 2020 of the Government guiding on Law on Tax Administration 2019 added cases of using illegal invoice and document specified as below: Invoices are...