The Decree regulates the minimum wage for employees working under labor contracts
On March 22, 2024, the Government issued a draft decree specifying the minimum wage for employees working under labor contracts. Compared to the current regional minimum wage stipulated in Article 3 of Decree 38/2022/NĐ-CP, the regional minimum wage in Article 3 of the draft decree has been adjusted upwards by an average of 6%. Here […]
Regulations on the mechanism for adjusting the average retail electricity price.
On March 26, 2024, the Prime Minister issued Decision No. 05/2024/QĐ-TTg on the mechanism for adjusting the average retail electricity price. The decision clearly states the principle of adjusting the average electricity selling price and the mechanism for checking the annual electricity production business cost. Principle of adjusting the average electricity selling price Within […]
Plan for legal education and legal support for enterprises in 2024.
On March 26, 2024, the Ministry of Construction issued Decision No. 156/QĐ-BTC on the promulgation of the Plan for legal education and legal support for enterprises in 2024. The objectives of the Plan are to: Enhance the effectiveness of state management, innovate organizational methods, contribute to making legal education and legal support for small and […]
Answer the land rental policy
On March 27, 2024, the General Department of Taxation issued Circular No. 1216/TCT-CS regarding the exemption of land rental fees for agricultural processing companies. According to legal regulations: If a company is initially leased land by the State and subsequently transfers it to households under the provisions of Decree No. 135/2005/ND-CP by the Government, then […]
Handling canceled warehouse delivery notes and internal transportation
On March 27, 2024, the General Department of Taxation issued Circular No. 1991/CTBGI-TTHT providing guidance on handling situations where internal transport and warehouse delivery documents are mistakenly canceled. According to legal regulations: - If a company has already issued an internal transport and warehouse delivery document but subsequently cancels it due to an oversight, the […]
Direction of the Prime Minister on implementing Land Law No. 31/2024/QH15
On March 26, 2024, the Prime Minister issued Official Dispatch No. 202/TTg-NN on the implementation of Land Law No. 31/2024/QH15, thereby providing a basis to propose to the National Assembly to authorize the 2024 Land Law to take effect from July 1, 2024, and will soon be brought to life. Prime Minister Pham Minh Chinh […]
Invoices and documents when insurance companies compensate customers for insurance purchases
On April 1, 2024, the General Department of Taxation issued Circular No. 1326/TCT-CS regarding invoices and documents in cases where insurance companies compensate customers for insurance purchases. According to insurance regulations: - For insured individuals who provide invoices for purchasing goods or repair services (invoices bearing the name of the insurance company or the customer […]
Value-added tax policy for motorcycle and scooter components
On March 25, 2024, the General Department of Taxation issued Official Letter No. 1188/TCT-CS in response to Official Letter No. 89234/CTHN-TTKT2 regarding tax policies. In accordance with legal provisions, for cases where enterprises engage in the production and processing of motorcycle and scooter components (such as gears, disc brakes, etc.) and products related to gears […]
Policy on Value Added Tax and Corporate Income Tax.
On March 25, 2024, the General Department of Taxation issued Official Letter No. 1183/TCT-CS in response to the Bạc Liêu Provincial Tax Department regarding tax policy. It specifically mentions two contents: - Regarding VAT policy: the input VAT of goods and services (including fixed assets) used simultaneously for the production and business of taxable and […]