SET UP AND INVEST
Starting a business in Vietnam
Plan the entity, licenses, funding and practical steps needed before launch.
Read the guideSpecial 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 …
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 …
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 …
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 …
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 …
Law No 62/2010/QH 12 dated 24th October 2010 amending, supplementing a number of articles of Law on Securities
LAW AMENDING, SUPPLEMENTING A NUMBER OF ARTICLES OF LAW ON SECURITIES Pursuant to the 1992 Constitution of the Socialist Republic of Vietnam, which was amended and supplemented under Resolution No. 51/2001/QH10; The National Assembly promulgates the Law Amending, Supplementing a number of Articles of Law on Securities No.70/2006/QH11. Article 1. Amending, supplementing a number of Articles …
Decree no. 108-2006-ND-CP
GOVERNMENT SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness No. 108-2006-ND-CP Hanoi , 22 September 2006 DECREE PROVIDING GUIDELINES FOR IMPLEMENTATION OF A NUMBER OF ARTICLES OF LAW ON INVESTMENT The Government – Pursuant to the Law on Organization of the Government dated 25 December 2001; – Pursuant to the Law on Investment dated …
Tax rate of value added tax for scientific services is 5%.
The General Department of Taxation has written directions lead this service group under the VAT rate of 5%. According to the General Department of Taxation, science and technology services are the services of scientific research and technological development; the activities related to intellectual property; the information services, counseling, training and retraining, dissemination and application of …
From 1st July, individual tax code will be 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 taxes into the state budget also be …
From Jul 3rd: Increase the gasoline import tax from 10% to 12%
From Jul 3rd: Increase the gasoline import tax from 10% to 12% On Jul 3rd, 2012, Ministry of Finance (MOF) issued Circular No. 109/2012/TT-BTC guiding the import tax rates for some preferential goods under heading 2710 in the Preferential Import Tariff. Accordingly, the tax rate preferential tariffs for some goods under heading 2710, stipulated in …