Author: Mod

FROM SEPTEMBER 01, 2023: CEASE 03 CASES OF PROHIBITION ON LENDING

This is the contents prescribed in the Circular No. 10/2023/TT-NHNN dated August 23, 2023 of the State Bank of Vietnam.  In particulars, the State Bank of Vietnam ceases the implementation effect of Clauses 8, 9, 10, Article 8, Circular No. 39/2016/TT-NHNN (which is supplemented by Clause 2, Article 1, Circular No. 06/2023/TT-NHNN) on capital demand […]

Does business households that pay taxes by the presumption method issue invoices?

Business households that pay taxes by the presumption method and wish to use invoices whenever the tax liability arises (In accordance with Point b, Clause 2, Article 6, Circular No. 78/2021/TT-BTC). In particulars, Clause 2, Article 6, Circular No. 78/2021/TT-BTC prescribes: “2. Business households and business individuals using e-invoices include a/ Business households and business […]

FEES FOR CITIZEN ID CARD ISSUANCE AND OTHER 35 FEES FROM JULY 01, 2023

On June 29, 2023, the Ministry of Finance issued Circular No. 44/2023/TT-BTC on fees and charges to support the people and enterprises. From July 01, 2023, the Ministry of Finance reduces the fee for citizen ID card issuance equal to 50% of the fees. At the same time, 35 fees and charges shall be reduced […]

Are goods traded in the export processing zones liable for excise tax?

The export processing zone is considered a “micro foreign country” Goods that are traded in the export processing zones are considered as exported goods, accordingly, domestic goods in the export processing zones are not excise tax-reliable objectives. In particulars, according to Clause 20, Article 4, Circular No. 219/2013/TT-BYC: “Non-tariff zones include:  Export processing zones, export processing […]

NEW DECREE ON REGISTRATION FEE RATES FOR DOMESTICALLY MANUFACTURED AUTOMOBILES FROM JULY 01, 2023

The Government hereby issues Decree No. 41/2023/ND-CP prescribing registration fee rates for automobiles, trailers, or semi-trailers pulled by automobiles and vehicles like domestically manufactured and assembled automobiles. Accordingly, from July 01, 2023, to the end of December 31, 2023: The registration fee rates are equal to 50% of those prescribed in the Government’s Decree No. […]