Determining Value Added Tax (VAT) refund for the case of a parent company engaged in export activities to its foreign subsidiary
On April 16, 2024, the General Department of Taxation issued Circular No. 1577/TCT-KK regarding VAT refund policies for cases where the parent company engages in export activities to its foreign subsidiary. - Pursuant to legal regulations, in the case where the parent company exports machinery and equipment to its subsidiary established in Cambodia to implement […]
Responding to inquiries regarding commercial invoices
On April 15, 2024, the General Department of Taxation issued Circular No. 1554/TCT-CS providing guidance on invoices. In accordance with legal regulations, commercial invoices not falling under any of the types of electronic invoices stipulated in Decree No. 51/2010/NĐ-CP dated May 14, 2010, and Decree No. 04/2014/NĐ-CP dated January 17, 2014, before the implementation of […]
Guidelines on the sequence and procedures for the establishment and expansion of industrial clusters
On April 10, 2024, the Ministry of Industry and Trade issued Decision No. 821/QD-BCT announcing new administrative procedures in the field of industrial clusters under the management of the Ministry of Industry and Trade. Accordingly, to establish/expand industrial clusters, the following steps need to be taken: 1. Implementation sequence Step 1: Enterprises, cooperatives, organizations submit […]
Are foreign nationals married to Vietnamese citizens required to obtain a work permit?
Question: My company is looking to recruit foreign laborers who are married to Vietnamese citizens. I would like to ask the lawyer if, in this case, the foreign laborer needs to apply for a work permit? What are the procedures and processes? Answer: Legal Basis: - Labor Code No. 45/2019/QH14 issued by the 14th National […]
Coastal encroachment activities according to the Land Law 2024
On April 16, 2024, the Government issued Decree No. 42/2024/NĐ-CP regarding coastal encroachment activities to provide detailed guidance on the provisions of Article 190 of the Land Law 2024. This Decree specifies the following: - Definition of coastal encroachment behavior - Coastal encroachment activities serving national defense, security purposes not within the scope regulated by […]