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Certain amendments and supplements to Corporate Income Tax Law

These amendments and supplements are the noticeable contents of the Directive No. 15/CT-TTg dated June 15, 2018 on effective implementation of the Law on Support for Small and Medium-sized Enterprises.

2018 Cybersecurity Law in effect from January 1, 2019

This morning (June 12, 2018), the 14th National Assembly passed the 2018 Law on Cybersecurity with over 86% of the National Assembly’s delegates voting in favor of it.

9 acceptable errors contained in documents evidencing the origin of the goods

The Circular No. 38/2018/TT-BTC prescribes that the customs authority still accepts documents evidencing the origin of the goods in the following 9 cases:

General Department of Taxation answers queries about submission of financial statements

General Department of Taxation has issued an Official Dispatch No. 1980/TCT-KK that gives its response to queries about submission of financial statements prescribed in the Circular No. 133/2016/TT-BTC dated June 28, 2016.

8 significant changes in salary and social security policies that employees should know

The Central Executive Committee of the Communist Party of Vietnam has recently enacted the Resolution No. 27-NQ/TWand the Resolution No. 28-NQ/TW on reform of salary and social security policies.

Only certain persons allowed to live in industrial parks

The Government issues the Decree No. 82/2018/ND-CP dated May 22, 2018 prescribing management of industrial parks and economic zones.

New regulations for the test on legal knowledge of multi-level marketing

This is the highlight of the Circular No. 10/2018/TT-BCT elaborating on certain articles of the Decree No. 40/2018/ND-CP on management of the multi-level marketing business.

09 significant policies coming into force from the beginning of June, 2018

After the article “Enterprise - Commercial Policy coming into force from the beginning of June”, THƯ VIỆN PHÁP LUẬT introduces more significant policies that come into force during the period from 1st to 6th of June, 2018.

Policies on Enterprises – Trade coming into force from the beginning of June

THƯ VIỆN PHÁP LUẬT introduces 04 policies on Enterprise – Trade – Finance which comes into force between June 01 and June 06, 2018.

Five Circulars effective at the end of May 2018

THƯ VIỆN PHÁP LUẬT would like to present 5 Circulars on import & export, education, etc. which will be effective at the end of May 2018 (from May 21 to May 31, 2018):

Statutory pay rate increases by VND 90,000 from July 1, 2018

The Decree No. 72/2018/NĐ-CP highlights the new statutory pay rate for public officials, public employees and armed forces’ personnel.

Policies on fees, charges and finance coming into force from the middle of May, 2018

THƯ VIỆN PHÁP LUẬT would like to introduce the following policies on fees, charges and finance coming into force from the middle of May, 2018 (May 11 – 20, 2018):

Four remarkable Circular coming into force from beginning of May 2018

After the article "New Decree coming into force from the beginning of may 2018", THƯ VIỆN PHÁP LUẬT continue to introduce the members to some new contents provided in policies on tax, enforcement of civil judgments, etc which come into force from 1st to 10th of May 2018 as follows:

New Decrees coming into force from the beginning of May 2018

Below are the new Decrees which come into force from the beginning of May 2018 (from 1st to 10th of May):

Fines of up to VND 20 million for inadequacy of financial statements

This is the highlight of the Decree No. 41/2018/ND-CP on administrative fines imposed in the independent accounting and auditing sector.

Vietnam Drug Administration's responses to inquiries about Decree on Guide to the Pharmacy Law

DAV has recently issued the Official Dispatch No. 4338/QLD-PCD on enforcement of the Decree No. 54/2017/ND-CP on guide to the Pharmacy Law.

New instructions for expenses not deductible for CIT purposes

This is the noticeable content of the Circular No. 25/2018/TT-BTC on providing guidance on the Decree No. 146/2017/ND-CP and amending or supplementing the Circular No. 78/2014/TT-BTC and the Circular No. 111/2013/TT-BTC of the Ministry of Finance.

Charging the commercial electricity price for Bitcoin mining operations

This is the highlight of the Official Dispatch No. 1402/BCT-DTDL of the Ministry of Industry and Trade on provision of instructions for the electricity selling price for virtual currency decryption and mining activities.

From April 15: All social networks are bound to use at least 1 domain name “.vn”

This is the highlight of the Decree No. 27/2018/ND-CP amending and supplementing the Decree No. 72/2013/ND-CP on management, provision and use of Internet services and information.

2015 Accounting Law set to be amended

This is the highlight of the Instruction No. 07/CT-TTg on continuation in effective implementation of the Resolution No. 35/NQ-CP on provision of assistance in developing enterprises by 2020 and the Instruction No. 26/CT-TTg on implementation of conclusions of the Government’s Resolution No. 35/NQ-CP.

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