Extension and Postponement of the Deadline for Payment of Mineral Exploitation Rights Fee
On April 12, 2024, the General Department of Taxation issued Official Letter No. 1541/TCT-QLN regarding the extension of the deadline for the payment of the mineral exploitation rights fee and the postponement of the deadline for the payment of the mineral exploitation rights fee due to the temporary suspension of mining activities for mining enterprises. […]
Response to Corporate Income Tax Policy
On April 12, 2024, the General Department of Taxation issued Official Letter No. 1517/TCT-CS regarding depreciation of fixed assets and income from real estate transfer. Regarding depreciation for fixed assets According to legal regulations, if a business purchases an apartment for leasing purposes, and if there are no documents proving ownership by the business as […]
Transfer of remaining deductible value-added tax after the Branch ceases operations
On April 15, 2024, the General Department of Taxation issued Official Letter No. 1569/TCT-KK regarding the transfer of remaining deductible value-added tax (VAT) after the Branch ceases operations. According to legal regulations, in the case where the Branch of the Company located in Hanoi City is a dependent unit of the Parent Company and ceases […]
Response to Tax Policy
On April 15, 2024, the General Department of Taxation issued Official Letter No. 1555/TCT-CS regarding tax policy. Based on legal regulations, in principle, a new investment project is a project carried out for the first time or an independent project separate from an ongoing investment project; an expansion investment project is an investment project that […]
In response to the tax policy issues related to Personal Income Tax
On April 11, 2024, the General Department of Taxation issued Circular No. 1504/TCT-DNNCN addressing the complexities of tax policies concerning the transfer of shares in joint-stock companies where shareholders contribute capital using real estate. According to legal provisions, individuals who contribute capital using real estate are not required to declare or pay taxes on the […]
Draft Circular on the recognition of foreign electronic signature services
The Ministry of Information and Communications is drafting a Circular regulating the recognition of organizations providing foreign electronic signature services; recognition of foreign electronic signatures, foreign electronic signature certificates. This Circular applies to foreign electronic signature authentication service providers requesting recognition in Vietnam; foreign organizations, individuals; Vietnamese organizations, individuals who need to conduct electronic transactions […]
Plan for the implementation of the Law on Credit Institutions.
Decision 257/QD-TTg 2024 was signed by Deputy Prime Minister Le Minh Khai on March 30, 2024. This decision issues the plan for the implementation of the Law on Credit Institutions number 32/2024/QH15. In this Decision, the lead agency is the State Bank along with the coordinating agencies assigned to draft 10 documents guiding the implementation […]
Management of product and goods origin traceability
On March 29, 2024, the Ministry of Science and Technology issued Circular 02/2024/TT-BKHCN on the management of product and goods origin traceability. - Applicable entities: Organizations and individuals producing, trading, and providing services to implement product and goods origin traceability; organizations and individuals providing services and solutions related to product and goods origin traceability; state […]
Upgrading the stock market from a frontier market to an emerging market.
On March 27, 2024, the Government Office issued Announcement 122/TB-VPCP on the conclusion of the Prime Minister at the Conference on the implementation of the task of developing the stock market in 2024. - The Ministry of Finance is the lead agency, in coordination with related agencies: + Urgently implement necessary measures to upgrade the […]