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LEGAL UPDATE / POLICY

FRESH POLICIES TAKE EFFECT IN MARCH

[03-03-2014] New polices on cash payment, exemption of export and import duty on raw material gold, preferential lending interest rate, and more incentives for the handicapped are scheduled to come into effect in March, 2014.

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LEGAL UPDATE / POLICY

DELOITTE: RE-EMPHASIZE THE REQUIREMENT OF AUDITED FINANCIAL STATEMENT

[21-02-2014] The Alert update on the requirement of audited financial statement which is covered in Official Letter No. 1339/BTC-CĐKT dated 24 January 2013 by the Ministry of Finance to the State authorities on receiving audited financial report of enterprises and organizations in line with regulations on accounting and auditing.

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LEGAL UPDATE / POLICY

DELOITTE: NEW CIRCULATION ON VALUE ADDED TAX ("VAT")

[21-02-2014] The Ministry of Finance has issued Circular No.219/2013/TT-BTC ("Circular 219") dated 31 December 2013 guiding the implementation of the law on Value Added Tax, the amended Law on Value Added Tax amending some provisions of the Law on Value Added Tax, and Decree No. 209/2013/ND-CP ("Decree 209") detailing and guiding the implementation of the Law on Value Added Tax.

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LEGAL UPDATE / POLICY

PWC: 2013 PERSONAL INCOME TAX (PIT) FINALISATION

[18-02-2014] The General Department of Taxation (“GDT”) issued Official Letter 336/TCT-TNCN (“OL336”) on 24 January 2014 providing guidance on 2013 PIT finalisation.

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LEGAL UPDATE / POLICY

KPMG: GUIDANCE ON 2013 PERSONAL INCOME TAX ("PIT") FINALISATION

[14-02-2014] The General Department of Taxation has issued Official Letter No.336/TCT-TNCN ("OL336") dated 24 January 2014 providing guidance on 2013 PIT finalisation with the following notable points:

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LEGAL UPDATE / POLICY

PHUOC & PARTNERS : LEGAL UPDATE NEWSLETTER - JANUARY 2014

[14-02-2014] Part I of this Legal Newsletter introduces a legal article titled "The United States Supreme Court’s verdict transforms the publishing industry – Do the Vietnamese enterprises benefit from such ruling?" written by Partner Tran Thanh Tung  and Paralegal Nguyen Thi Hong Hoa, issued in The Saigon Times on December 5th 2013.

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LEGAL UPDATE / POLICY

FRESH POLICIES COME INTO FORCE IN FEBRUARY

[05-02-2014] A series of policies on agricultural insurance, debt management, anti-corruption,  and SOEs equitization will come into force in February.

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LEGAL UPDATE / POLICY

LETTER OF COMMENTS ON CORPORATE INCOME TAX (CIT) INCENTIVE FOR BUSINESS EXPANSION PROJECTS

[22-01-2014] According to the Ministry of Finance’s calling for comments on the draft Circular guiding the amended Law on CIT recently, HKBAV has submitted our Letter of Comments to the Ministry of Finance and General Department of Taxation respectively based on the feedback from our corporate members.
 


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