PHUOC & PARTNERS : LEGAL ALERT
[09-01-2014] The Government has just issued a new regulation on non-cash payment on specific transactions as per Decree No. 222/2013/ND-CP dated December 31, 2013, effective officially from 1 March 2014 (“Decree 222”)...
KEY POLICIES COME INTO FORCE SINCE JANUARY, 2014
[02-01-2014] A large number of new policies and regulations influencing the entire socio-economic life will become effective in January, 2014. Supreme law of Viet Nam With 11 chapters and 120 articles (one chapter and 27 articles fewer than the previous version), the amended Constitution comes into force on January 1, 2014.
BAKER & MCKENZIE: INDOCHINA LAW QUARTERLY - DECEMBER 2013
[07-01-2014] In this issue, you will find reports on a number of important legal and economic developments in Laos, Cambodia, and Vietnam from October to December 2013. Vietnam’s multi-year constitutional debate, which was its most open and far-reaching in its modern history, culminated in the adoption of a new Constitution this fall. The final document preserved the leading role of State owned enterprises in the economy, leasing some to say that “the cooking was better than the meal,” but there is also more emphasis on individual rights.
PWC: DECREE 209 ON VALUE ADDED TAX (VAT)
[03-01-2014] Decree 209 guiding the implementation of the amended VAT law has just been issued, and is effective from 1 January 2014. The circular to implement this decree is still awaited. Some notable changes include:
PWC: DECREE 218 ON CORPORATE INCOME TAX (CIT)
[03-01-2014] Decree 218 guiding the implementation of the amended CIT law has just been issued, and is effective from 1 January 2014. The circular to implement this decree is still awaited. Some notable changes include: CIT rate reduced, CIT incentives,Taxable income & Deductible expenses.
