Legal advice & case studies.

New Law limits advertising

The new Law on Advertising No 16/2012/QH13, passed by the National Assembly last June, takes effect on January 1, 2013, replacing the 2001 Ordinance on Advertising and subsequent regulations. Under the new law, which includes general mandates on truth in advertising, the Government has the right to set out additional requirements on the contents of …

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THE PROCEDURES FOR OVERSEAS VIETNAMESE TO REGISTER PERMANENT RESIDENCE IN VIETNAM

    THE PROCEDURES FOR OVERSEAS VIETNAMESE TO REGISTER PERMANENT RESIDENCE IN VIETNAM Vietnamese citizens living in abroad want to repatriate to VN should apply for permanent residence registration in Vietnam to the diplomatic representative agency in VN in the host country. General regulations: Currently, Vietnamese citizen living in abroad who also holds Vietnamese nationality …

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Extension of VAT payment to April 2013

From October 22nd 2012, the amount of VAT to be paid from June 2012 will continue to be extended until April 20th 2013. That’s the key contents of Circular 175/2012/TT-BTC guiding the extension to pay VAT under Resolution 67/NQ-CP issued on October 22nd 2012. Previously, those amount of tax was extended until January 2013 as regulated …

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Special consumption Tax for imported Yacht

  These following guide on the Law on Special Consumption with Yacht, The Dispatch No. 2738/TCT – CS on Jul, 31th 2012 issued by General Department of Taxation as following; Pursuant to Clause 3, Article 3 of the Law on Special Consumption No. 27/2008/QH12 on November, 14th 2008 of the National Assembly “The aircraft, yachts used …

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Conditions for enterprises to provide tax services

Sep 9th, 2012 These following conditions must be met to become a tax agency: has legitimate business registration issued by government authority with tax services being recorded; has at least two staff with tax practicing tax certificate. These above conditions are regulated in Circular 117/2012/TT-BTC on Jul 17th 2012 issued  by Ministry of Finance. Pursuant …

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Building permit with one time extention

In order to unify the management of the construction permit for buildings and individual houses Sept, 04th 2012 , The Government issued Decree No. 64/2012/NĐ-CP on license of building permit. In particular, It is noted that the regulation for each building permit is only extended once  Before 30 days from expiring day. After six months …

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Conditions for enterprises to provide tax services

Conditions for enterprises to provide tax services Sep 9th, 2012 These following conditions must be met for an enterprise to become a tax agency: i) has legitimate business registration issued by government authority with tax services being recorded; ii) has at least two staff with tax practicing tax certificate. These above conditions are regulated in Circular …

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From 1st July, individual tax code will be issued.

    Individual Tax Code issued   Under Circular 80/2012 of the Ministry of Finance, individuals subject to personal income tax (PIT) who fully implement procedures and records for tax registration shall be granted “individual tax code card”. This is a permanent identification number to use. Organizations and individuals are responsible for withholding and paying …

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Increase to 9 million VND starting taxable personal income

    Increase to 9 million VND starting taxable personal income   After 3 months of gathering opinions other ministries, agencies, the latest amendments and supplements a number of articles on Personal Income Tax Law has been submitted to the Government by The Ministry of Finance. The most positive point is the Ministry has strongly …

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Six laws take effect in 2013

Six laws take effect in 2013 On July 16th, the President’s Office held a press conference announced the order of the President announced six Laws: –          The Deposit Insurance Law –          The Anti-Money Laundering Law –          The Labor Laws (amended) –          Trade Union Law. –          Higher Education Law –          Law on preventing the harmful effects …

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