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 […]
Notice of the implementation of the schedule for swap working days with state administrative agencies, public service units, and enterprises
On April 14, 2024, the Ministry of Labor - War Invalids and Social Affairs issued Notice No. 1570/TB-BLDTBXH on the proposal to exchange working days for the holiday of Reunification Day April 30 and International Labor Day May 1, 2024 for civil servants, public employees, and workers of state administrative agencies, public service units, and […]
Draft 01 Decree on land use fees, land rent
On April 12, 2024, the Ministry of Finance drafted a Decree on land use fees, land rent. This Decree is built according to the Land Law 2024. The Decree includes 11 chapters, 173 articles, detailing the implementation of some articles, clauses of the Land Law No. 31/2024. According to the Draft, the Decree applies to […]
The List and Assignment of Leading Agencies for Drafting Detailed Implementation Regulations for the Law on Credit Institutions and the Land Law.
On April 10, 2024, the Prime Minister issued Decision 299/QD-TTg on the issuance of the Catalogue and assignment of leading agencies for drafting detailed implementation regulations for the Law on Credit Institutions and the Land Law, which was passed by the 15th National Assembly at its fifth extraordinary session. The Decision stipulates the responsibilities of […]
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 […]