ANT Lawyers – A new regulation on Vietnam import tax for machinery and equipment has been issued by the Vietnam Ministry of Finance in the official letter No. 7444/BTC-TCHQ. The official letter guides the procedures for handling of import duties related to financial leasing companies that import machinery, equipment and means of transport for investment … Read More
ANT Lawyers – the laws promulgating imported scrap in Vietnam has been clarified with the newly issuance regulations. Circular 01/2013/TT-BTNMT of the Ministry of Natural Resource and Environment clarifies the list of imported scrap, which is effective from April 1st 2013 replacing the list issued with Decision 12/2006/QD-BTNMT. Accordingly, the list of imported scrap will be added … Read More
ANT Lawyers – From October 1st, 2013, organizations and individuals that set up businesses will have to pay additional fees of VND 300,000 (or USD 15) for business registration. According to the National Decree 05/2012/ND-CP, this fee will be charged for publishing the newly set up company on the business portal where the information of … Read More
ANT Lawyers – On July 16th the new law on international bonds has been promulgated. Accordingly, the State Bank of Vietnam issued Circular No. 17/2013/TT-NHNN guiding on foreign exchange management concerning the issuance of international bonds. Enterprises that wish to issue international bonds will have to have the permission to use overseas loan and repayment … Read More
The Ministry of Finance of Vietnam recently issued new regulations on the electronic trading in the stock market. The Circular 87/2013/TT-BTC provides a range of content to enhance security requirements for GDCKTT (Online Stock Trading) information, including required authenticaion information using digital certificates and digital signatures. Furthermore, the Circular lists provisions for licenses to provide … Read More
ANT Lawyers – Jul 4th, 2013. The new Vietnam law on managing e-commerce websites has been issued. The Ministry for Industry and Trade Vietnam recently promulgate Circular 12/2013/TT-BCT that prescribes notification procedures, registration and disclosure of information related to e-commerce websites. Accordingly, websites of organizations or individuals that are registered to provide e-commerce services will … Read More
ANT Lawyers – new guidelines on Vietnam tax laws have been issued by Vietnam Ministry of Finance. The Circular 65/2012/TT-BTC provides guidance on VAT regulations for trading enterprises. This provisions lay down that the monthly VAT refund will not be applied on enterprises that are only trading of goods and services for export but will … Read More
ANT Lawyers – The State Bank of Vietnam officially delayed the application date of Circular 02/2013/TT-NHNN. This Circular will serve as general guidance for banking related issues like classifications on assets, levels and methods of provisions, and risk handling. Furthermore, this Circular will outline conditions for enterprises such that they have better access to bank … Read More
ANT Lawyers – a new Tax regulation in Vietnam has been issued by the Ministry of Finance. In particular, to ensure stable prices for petro products import, the Ministry of Finance instituted a new import tax adjustment in its recent Circular 70/2013/TT-BTC. After three consecutive increases in import tax rates (12% up to 19%), the … Read More
ANT Lawyers – On May 16th, 2013, a new regulations on e-commerce in Vietnam has been issued by the Government. The new Decree No. 52/2013/ND-CP lists specific groups of e-commerce activities that are prohibited in Vietnam. The Decree also explains the differences between e-commerce websites and e-commerce service provision websites. These new provisions are applicable … Read More
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