SET UP AND INVEST
Starting a business in Vietnam
Plan the entity, licenses, funding and practical steps needed before launch.
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Joint Circular 02/2016/TTLT BNG-BTP on Civil Status Registration in Vietnam Consular Office Abroad
Joint Circular 02/2016/TTLT BNG-BTP of the Ministry of Foreign Affairs and the Ministry of Justice regulates the registration and management of civil status at the diplomatic mission agency, consular representative offices of Vietnam in foreign country. The Joint Circular is issued on June 30th 2016. Under the provisions of this Circular, representative offices in the …
Circular 24/2016/TT-BXD on Management of Construction Investment Projects
Compared with Circular 17/2016, Circular 24/2016 amended some contents as follow: Amend the regulations on the practicing certificate that have been granted before the time the Circular 17 takes effect as follows: + With the certificate stating the validity period, it is entitled to continue to use until expiration. For one that does not state …
Official Letter 3593/TCT-KK on Value-Added Tax Refund
On August 11th 2016, the General Department of Taxation issued Official Letter 3593/TCT-KK to implement and introduce the new contents of Circular 99/2016/TT-BTC providing guidelines on the management of value-added tax (VAT) refund. Accordingly, the preparation and submission of VAT refund document have some new features: Guide to the object that must have written authorization …
New Guidelines on the Time of Submission of C/O
The Ministry of Finance has issued Official Letter 12802/BTC-TCHQ provides for the time of submission of the Certificates of Origin (C/O). Accordingly, the time of submission of the C/O forms (except C/O with VK form) is as follows: – For paper customs declaration form, the original C/O must be submitted at the time of registration …
Decree 125/2016/ND-CP: Preferential Import Tariff for Goods from Japan
Decree 125 stipulated the Vietnam’s preferential import tariff in particular to implement the Vietnam – Japan agreement on economic partnership in the period 2016 -2019 and the conditions for enjoying this preferential import tariff under this agreement. The Decree is issued by the Vietnam Government. Decree 125 includes 7 specific provisions: the scope of regulation, …
Decree 129/2016/ND-CP on ATIGA Preferential Import Tariff for ASEAN goods
The Government has issued Decree 129/2016/ND-CP on preferential import tariff of Vietnam in particular to implement the ASEAN Trade in Goods Agreement (ATIGA) in the period 2016 – 2018. This Decree prescribed the preferential import tariff of Vietnam to implement the ATIGA period 2016 – 2018 and the conditions for enjoying the preferential import tariff …
Decree 126/2016/ND-CP on Preferential Import Tariff to Implement ASEAN – India Free Trade Area
According to the Decree, the import of goods under the special preferential import tariff; Imported into Vietnam from member countries of the ASEAN – India Free Trade Area such as Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, India, Vietnam (with goods from duty free area importing to the domestic market); Transported directly from …
Decision 36/2016/QD-TTg Regulates the Tax Rate for Imported Goods
Decision No. 36/2016/QD-TTg dated September 1st 2016 of the Prime Minister prescribed the normal tax rate for imported goods at Point c, Clause 3, Article 5 of the Law on export and import tax. Accordingly, the import duty of 5% will be applied to many items, such as: Smart cards; Telephone answering machines; Cell phone …
Decree 18/2015/ND-CP on Environmental Protection Issues
On February 14th 2015, the Government issued Decree 18/2015/ND-CP provides regulations on environmental protection planning, strategic environmental assessment, environmental impact assessment and environmental protection plan. In particular, notably the new rules on environmental protection plan registration. Specifically, instead of setting up and registration of the environmental protection commitment as before, from April 1st 2015, the …
Circular 27/2015/TT-BTNMT on Strategic Environmental Assessment, Environmental Impact Assessment and Environmental Protection Plan
From July 15th 2015, Circular 27/2015/TT-BTNMT on strategic environmental assessment, environmental impact assessment and environmental protection plan started to take effect. Accordingly, the Provincial People’s Committee authorized the management board of industrial zones to evaluate and approve the reports on environmental impact assessment. This authorization shall apply only to projects under the evaluation and approval …