Decree No.123/2020/ND-CP: The Government issued a Decree guiding invoices and documents

The Government issued a Decree guiding invoices and documents On October 19th, 2020, the Government issued Decree No. 123/2020/ND-CP guiding invoices and documents. The Decree includes 61 articles on management and use. invoices when selling goods or providing services; the management of dossiers when carrying out tax, charge and fee collection procedures; defines the responsibilities, […]

Regulations on sanctioning administrative violations of tax and invoices

Regulations on sanctioning administrative violations of tax and invoices Recently, the Government has issued Decree No. 125/2020/ND-CP regulating the sanctioning of administrative violations on tax and invoices. The Decree taken effect from December 5, 2020. Decree No. 125/2020/ND-CP was born with many expectations to increase the effectiveness and efficiency of tax administration to prevent loss […]

Decree No.132/2020/ND-CP:Tax administration regulations applicable to enterprises with associated transactions

Tax administration regulations applicable to enterprises with associated transactions On November 25th, 2020, the Government issued Decree No. 132/2020/ND-CP on tax administration applicable to enterprises with associated transactions. Accordingly, this Decree prescribes the principles, methods and order of determining the factors that form associated transaction prices; rights and obligations of taxpayers in determining transfer pricing, […]

NEW DETAILED PROVISIONS ON THE ORGANIZATION AND OPERATION OF THE BAILIFF

The Ministry of Justice has issued a Circular No.05/2020/TT-BTP stipulating in detail a number of articles and measures to implement Decree No. 08/2020/ND-CP dated January 08, 2020 of the Government on the organization and operation of the bailiff. This Circular comes into force from October 12, 2020. Accordingly, the Circular provides several provisions on training […]

ADMENDMENT OF BOND ISSUANCE CONDITIONS

Recently, the government has issued Decree No. 81/2020/ND-CP to amend and supplement a number of articles of Decree No. 163/2018/ND-CP dated December 4th, 2018 on the issuance of bonds. It is known that this Decree comes into force on September 1st, 2020 with the amended contents as follows: About Bond Trading Decree No. 81/2020/ND-CP amending Clause […]

NEW REGULATIONS ON COORDINATION AND CONTINUITY OF PROCEDURESFOR ENTERPRISE ESTABLISHMENT REGISTRATION, DECLARATION OF THE USE OF EMPLOYEES AND ISSUANCE OF SOCIAL INSURANCE NUMBER OF UNITS

On October 15th, 2020, the Government issued Decree No. 122/2020/ND-CP regulating the coordination and continuity of procedures for enterprise establishment registration, branch offices, representative offices, and reporting using employees, issuing social insurance number of units, registering to use corporate invoices. This Decree takes effect on October 15th, 2020. The following are important new issues in […]

Roadmap for adjusting employees' retirement age from 2021 to 2035

On November 18th, 2020, the Government issued Decree No. 135/2020/ND-CP detailing the retirement age of employees. Accordingly, the retirement age of the employee in normal working conditions under Clause 2, Article 169 of the Labor Code is specified as follows: From January 1st, 2021, the retirement age of the employee under normal working conditions is […]

Linking training with foreign countries at university, masters, and doctoral degrees in the form of online and direct form combined online

Recently, the Minister of Education and Training has issued Circular No. 38/2020/TT-BGDDT providing for joint training programs for bachelor’s, master’s and doctorate degrees delivered by online and blended learning methods. The Circular applies to higher education institutions legally established and operating in Vietnam, academies, and institutes established by the Prime Minister in accordance with the […]