Previously, when unilateral termination of labor contracts, employee must be certified by the employer that the termination is legal then he/she will be eligible for unemployment insurance (UI). However, from January 15th 2013, employee just need to be certified by the employer on the unilateral termination of the contract to complete the documents entitled to … Read More
Mistaken paid or overpaid VAT on imported goods for custom authorities when discovered will be adjusted to the state budget and will not be refunded. The handling of the above VAT amount is done under the guidance at Point c, Clause 2, Article 131 of Circular194/2010/TT-BTC. Accordingly, the overpaid amount will not be refunded to … Read More
Coal, briquettes, ovoids and similar solid fuels manufactured from coal in heading 27.01 are applied with the export tax reduction from 20% to 10%. These above contents are regulated by the Ministry of Finance in Circular 169/2012/TT-BTC on October 11th 2012 amending a part of Circular 157/2011/TT-BTC ‘s content . Other types of coal such as lignite (27.02), … Read More
From January 1st 2013, Form 01 of Circular 05/2012/TT-BVHTTDL will no longer be used, ending six months of 15 days exists. Since this date, applications for control labels for sound recordings, video recordings of music will be applied with the Form 07 of Decree 79/2012/ND-CP. Some other forms are also changed: applications for license to bring Vietnamese candidates … Read More
National Assembly passed six important laws ANT Lawyers, Nov 23rd, 2012 The Standing Committee of the National Assembly undertook revision of Clause 1, Article 3 of the Draft Law as follows: “Cooperatives are the collective economic organizations with co-ownership and have legal status, established by at least seven members whom voluntarily provide assistance and cooperation … Read More
In the case of exemption or reduction in the personal income tax on transfer of housing, land use rights in Vietnam rely on the basis of the declarations by the real estate transfer people self-assessment and self-responsible for the truthfulness of the statement. This case will not apply to the process of tax exemption or … Read More
Since the first half of November 2012, a series of policies and new regulations will officially take effect. As follows: 1. From November 1st 2012, when the Circular 147/2012/TT-BTC takes effect, people who had been sanctioned by the State Securities Commission of Vietnam will also be considered for certification of the securities practices certificate. Time limit for … Read More
From January 1st 2013, the foreign trade promotion organizations in Vietnam when licensed to establish a representative office in Vietnam will have to pay fee. This content is mentioned in Circular 187/2012/TT-BTC about the collection, payment and management of the licensing fee to establish representative offices of foreign trade promotion organizations in Vietnam. Renewal fee: 3,000,000 … Read More
Since the second half of November 2012, a number of policies and new regulations will officially come into effect. 1. From November 16th, technologies that have one of these following criteria will not be allowed to transfer: no labor safety, labor hygiene; generate hazardous waste; wasting resources; mining exploitation that have low recovery target compared with that of … Read More
Under the provisions of this Circular, the mines have to make investment and construction projects including mines under the national important project approved by the National Assembly through the investment policy; included in portfolio sector planning which has been approved by the competent authority and have the decision to approve mineral reserves of the competent … Read More
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