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Legal Update

71 administrative procedures under management of Ministry of Finance are simplified

VCN- The Government has issued Resolution No.104/NQ-CP on simplifying administrative procedures and civil papers related to population management under the management of the Ministry of Finance.   Accordingly, contents are simplified that related to 71 administrative procedures in 3 fields: Securities (32 procedures), Customs (2 procedures) and Tax (37 procedures). In the field of Customs, procedures […]

Many charges, fees to be rebated

The Ministry of Finance (MOF) recently released a number of draft circulars, proposing rebate of many charges and fees payable by  businesses and sent them to ministries, ministerial-agencies, Vietnam Chamber of Commerce and Industry, Vietnam Association of Seafood Exporters and Producers, and provincial-level People’s Committees for opinions. In a draft circular, designed to replace Circular […]

Starting register online tax payment 24/7

VCN – From 26/9/2017, the General Department of Vietnam Customs will receive the registration, updating relevant information for taxpayers when registering to participate in electronic tax payment 24/7 at the website of the General Department of Vietnam Customs (address: https://epayment.customs.gov.vn/epaymentportal/login) To participate in this new tax payment process, taxpayers have to register by using digital […]

Guiding allocation of fees for copyright to imported goods value

VCN- According to the General Department of Vietnam Customs has issued an official document to answer Ha Noi Customs Department on obstacle of Tinh Tuom Join Stock Company in declaring, allocating fees for copyright to imported goods value. According to the analysis of the General Department of Vietnam Customs, point b Clause 8, Article 14 […]

Finance Ministry to regulate e-trading

The Ministry of Finance has developed a draft circular that provides a general legal framework on the electronic trading activities at the stock market. The draft circular has been sent to the market members to collect their ideas and opinions. It is expected to ensure that the electronic trading activities at the stock market will […]

Progress on special zones law to ease investment

The Department for Economic Zones Management of the Ministry of Planning and Investment is in the process of completing the draft Law on Special Administrative-Economic Units, with adjustments being made in terms of local operations, organisation, administration and foreign investment incentives. Tran Huy Dong, Director General of the DEZM, said the draft law is an […]

Hanoi Tax Department promotes to develop electronic tax systems

VCN – According to Hanoi Tax Department, in recent times, the unit has put more effort to implement the modernization programs for taxpayers, especially electronic taxation services, such as online tax filing, electronic tax filing, receiving and returning results of VAT rebate via electronic method,… These are modern transaction methods, suitable to the development trend […]

More unnecessary business conditions to be removed

The Ministry of Industry and Trade (MoIT) planned to remove 464 to 612 conditions for establishing businesses and conducting business activities, equivalent to some 38 to 50 percent of the total existing business conditions, said Minister Tran Tuan Anh at a meeting to review business conditions under MoIT’s management held on September 15.At the meeting, […]

Toward applying e-invoice on a large scale

VCN- Draft decree on bills of sale of goods and services are being discussed by the Ministry of Finance has made many fundamental changes to facilitate businesses. However, many concerns about the roadmap too quickly will make many enterprises, especially small and medium enterprises difficult to  Must be used from 2018 The draft decree on […]

Must pay rental land fee if using public land for business

VCN – Hanoi Tax Department announced a guidance to implement land rental payment policies.  On 1/7/2014, the National Assembly promulgated the Land Law No. 45/2013 / QH13 and dated 15/05/2014, the Government issued Decree 46/2014 / ND-CP on rental payment, land with special use water surface payment. According to the provisions of those legal documents, […]

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