Finance - Banking - Stock

PART OF DEPOSIT IS ALLOWED TO WITHDRAW PREMATURELY

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On June 16, 2020, the State Bank of Vietnam issued Circular No. 04/2022/TT-NHNN (“Circular 04”) stipulating the application of interest rates on premature withdrawal of deposits from credit institutions and foreign bank branches. This Circular shall come into force as of August 1, 2022 and shall replace…

GROUPS OF GOODS HAVING DIFFERENT VALUE ADDED TAX RATE ONLY REQUIRE ONE INVOICE

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On June 20, 2022, the Government issued Decree No. 41/2022/ND-CP (“Decree 41”) amending and supplementing a number of articles of Decree No. 123/2020/ND-CP dated 19 October 10, 2020 of the Government stipulating invoices and documents and Decree No. 15/2022/ND-CP dated January 28, 2022 of the Government…

PERMIT THE PRIVATE ECONOMY TO PARTICIPATE IN CONSTRUCTION AND OPERATION OF ELECTRIC NETWORK

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Recently, the National Assembly has adopted the Law No. 03/2022/QH15 amending and supplementing a number of articles of the Law on Public Investment, the Law on Investment in the form of public-private partnership, the Law on Investment, the Law on Housing, the Law on Bidding, the Law on Electricity…

ELECTRIC CAR BENEFITS SPECIAL CONSUMPTION TAX

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Recently, the National Assembly has adopted the Law No. 03/2022/QH15 amending and supplementing a number of articles of the Law on Public Investment, the Law on Investment in the form of public-private partnership, the Law on Investment, the Law on Housing, the Law on Bidding, the Law on Electricity…

THE EXTENSION OF THE PAYMENT PERIOD OF SPECIAL CONSUMPTION TAX FOR DOMESTICALLY MANUFACTURED AND ASSEMBLED AUTOMOBILES

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On May 21, 2022, the Government has just issued Decree No. 32/2022/ND-CP (“Decree 32”) stipulating the extension of the payment period for the payable special consumption tax (“SCT”) amount arising in the tax period of June, July, August and September 2022 for domestically manufactured or assembled…

EXTENSION OF THE PAYMENT PERIOD OF VALUE ADDED TAX, CORPORATE INCOME TAX, PERSONAL INCOME TAX AND LAND RENTAL IN 2022

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Due to the detrimental impact of the Covid-19 epidemic on the entire economy, on May 28, 2022, the Government has issued Decree 34/2022/ND-CP (“Decree 34”) regulating the extension of the payment period of value-added tax (“VAT”), corporate income tax (“CIT”), personal income tax (“PIT”) and land rental…

SIMULTANEOUS REDUCTION OF CHARGES AND FEES IN THE SECURITIES SECTOR

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This is the core content of Circular 25/2022/TT-BTC (“Circular 25”), issued to replace Circular No. 272/2016/TT-BTC (“Circular 272”) detailing fees and charges in the securities sector. Since Circular 25 has various noteworthy amendments and supplementations, ATA Legal Services would like to send to…