Legal Update

Ministry of Finance’s proposal on tax reduction included in the program to consult the Standing Committee of the National Assembly

Ministry of Finance’s proposal on tax reduction included in the program to consult the Standing Committee of the National Assembly

Encourage big business households to become enterprises The Ministry of Finance stated that the proposal on applying some preferential policies on CIT for small and micro enterprises (including enterprises, cooperatives and...

Removal of 13 codes of scrap from the list of scrap allowed to be imported

Removal of 13 codes of scrap from the list of scrap allowed to be imported

VCN – Deputy Minister of Natural Resource and Environment Vo Tuan Nhan said: “Rejecting imported scrap with high risk of causing environmental pollution, low efficiency of recycling, plastic scap containing...

 
Customs procedures and tax policies for exported goods designated for delivery

Customs procedures and tax policies for exported goods designated for delivery

VCN - In cases where export processing enterprises sell goods to a foreign company but deliver the goods to another export processing enterprise as designated by the foreign company, how...

Proposing to exempt licensing fees in three year for enterprises transferred from household business

Proposing to exempt licensing fees in three year for enterprises transferred from household business

VCN –The Ministry of Finance is collecting opinions for the draft decree amending and supplementing articles of Decree No. 139/2016/ND-CP of the Government stipulating about licensing fees. In the draft, the...

 
Guiding tax exemption under the new provisions of the Law on export – import duties

Guiding tax exemption under the new provisions of the Law on export – import duties

VCN- To implement consistently the new and important regulationsof the Law on export - import duties No 107/2016/QH13 being valid from September 1st, 2016, the Finance Ministry has a written instruction...

Renovate tax inspection

Renovate tax inspection

VCN- To complete the assigned plan on tax inspection in 2019, the General Department of Vietnam Customs continues to implement key solutions, including the comprehensive renovation of inspection in unified...

 
Enterprises warned against exchange rate risks

Enterprises warned against exchange rate risks

Firms must consider measures on how to mitigate exchange rate risks such as forward and swap dealings in the face of the foreign exchange market undergoing sharp fluctuations, experts have...

One-time ruling – Reduce time and costs for enterprises

One-time ruling – Reduce time and costs for enterprises

Customs officer of Sai Gon port border gate zone 1 guides enterprises on procedures.  VCN - The number of importers registering one-time ruling and using the ruling result many...

 
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