Commerces New Mechanism for managing oil and gasoline business Draft Circular on trade defense measures Draft Circular on rules of origin of goods in the free trade agreement (Draft 2) Finance - Bank Issuing a Decision that regulates the functions, tasksm powers, and organizational structure of the Department of Planning, Finance, and Enterprise Management Immigration […]

Question: The client is a foreign-invested trading company with a total investment capital of less than 3 billion VND and 2 employees. The question is whether the company is required to hire a Chief Accountant. If required, what are the procedures, requirements, and conditions for hiring one? Answer: Obligation to Appoint a Chief Accountant Based […]

On September 11, 2024, the General Department of Taxation issued Official Dispatch No. 4019/TCT-CS regarding opinions on VAT. Accordingly, VAT policies have clearly specified the conditions for VAT deduction. In cases where the VAT payment document at the import stage lists the importer as the Company, and the Company declares VAT using the direct method, […]

On September 11, 2024, the Ministry of Finance issued Decision No. 2127/QĐ-BTC regarding the announcement of amended and supplemented administrative procedures in the field of Taxation under the management function of the Ministry of Finance. Accordingly, the tax payment extension procedures are amended as follows: * Regarding the procedure for extending tax payments: - Step […]

On September 4, 2024, the General Department of Customs issued Official Letter No. 4218/TCHQ-CCHĐH in response to inquiries from the Korean Business Association in Vietnam. Accordingly, in cases where goods such as components, accessories, and materials are brought into the domestic market for the purpose of replacing, repairing, or upgrading machinery, equipment, and molds of […]