According to the regulations in Decree 65/2022/ND-CP and Circular No. 30/2023/TT-BTC (updated by ATA Legal Services here), the trading of bonds, including individual bonds, must be conducted through trading members. Specifically, the trading members on the corporate bond trading system at the Stock…
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mo.07THE DEPARTMENT OF TAXATION MAY ONLY REQUEST TO EXPLANATIONS, SUPPLEMENTATION OF INFORMATION OR DOCUMENTS NO MORE THAN 02 TIMES FOR EACH INSPECTION CASE
28-07-2023 3070 0On July 14, 2023, the General Department of Taxation issued Decision 970/QĐ-TCT ("Decision 970") regarding the process of inspecting substitute taxes in place of Decision 746/QĐ-TCT ("Decision 746"). Below, ATA Legal Services will summarize and analyze some noteworthy points in Decision 970: 1. Addition…
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mo.07BORROWERS MAY TEMPORARILY USE DORMANT WITHDRAWAL AMOUNTS FROM FOREIGN LOANS FOR BANK DEPOSITS WITH A MATURITY NOT EXCEEDING 01 MONTH
21-07-2023 1549 0On June 30, 2023, the State Bank of Vietnam issued Circular 08/2023/TT-NHNN ("Circular 08") replacing Circular No. 12/2014/TT-NHNN dated March 31, 2014 ("Circular 14") stipulating conditions for foreign loans of enterprises not guaranteed by the Government. According to ATA Legal Services, Circular…
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mo.07MANY INCENTIVE PROGRAMS FOCUS ON EASING DIFFICULTIES FOR FORESTRY AND FISHERY PRODUCT ENTERPRISES
21-07-2023 1581 0Based on the recommendations of the Vietnam Association of Seafood Exporters and Producers ("VASEP"), on July 12, 2023, the Prime Minister issued Official Letter No. 639/TTg-KTTH ("Official Letter 639"), providing some instructions for central ministries and agencies with the expectation of addressing…
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mo.07SIMPLIFYING REQUIREMENTS ON FOUNDING SHAREHOLDERS WHEN ESTABLISHING A NON-BANK INSTITUTION
14-07-2023 2027 0On June 22, 2023, the State Bank issued Circular 05/2023/TT-NHNN ("Circular 05") amending and supplementing provisions of Circular 30/2015/TT-NHNN ("Circular 30") regarding the licensing, organization, and operations of non-bank credit institutions ("NBCIs"). According to the new regulations, there…
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mo.07FROM SEPTEMBER 1, 2023, THE MINISTRY OF JUSTICE SHALL PRESIDE OVER THE APPRAISAL AND APPROVAL OF THE OPERATION OF THE ONLINE AUCTION SITES
07-07-2023 1330 0Digital transformation in administrative reform is one of the goals that the Government has been promoting in recent years. In asset auction activities, to meet the goal of digital transformation, on July 3, 2023, the Government issued Decree 47/2023/ND-CP ("Decree 47")to amend and supplement a number…
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mo.07On June 28, 2023, the State Bank of Vietnam issued Circular No. 06/2023/TT-NHNN ("Circular 06") amending and supplementing certain provisions of Circular No. 39/2016/TT-NHNN ("Circular 39") regarding lending activities of credit institutions and branches of foreign banks (hereinafter referred to as…
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mo.07FROM NOW UNTIL THE END OF DECEMBER 31, 2023, APPRAISAL AND LICENSING FEES FOR MANY SECTORS SHALL BE REDUCED BY UP TO 50%
07-07-2023 1559 0In order to assist individuals and businesses in overcoming the difficulties caused by the pandemic and economic downturn, on June 29, 2023, the Minister of Finance issued Circular 44/2023/TT-BTC ("Circular 44") to uniformly reduce the collection rates of certain fees and charges in various sectors…
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mo.06In 2022, due to the impact of the pandemic and economic recession, the National Assembly passed Resolution 43/2022/QH15 to reduce Value Added Tax (VAT) from July 1, 2022, to December 31, 2022. In order to continue supporting businesses and promoting production and business activities in 2023, the National…
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mo.06INCREASE INSPECTION IN AREAS OF FINANCIAL, BANKING, REAL ESTATE, BUSINESS ON DIGITAL PLATFORMS
30-06-2023 1431 0In Directive No. 22/CT-TTg dated June 23, 2023 (“Directive 22”) on rectification and strengthening of discipline in complying with the law on finance – state budget, the Prime Minister requested Ministries, branches and localities have implemented a series of activities to strengthen revenue collection…
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mo.06In the face of many cases of buying and selling false invoices, to limit the risk and quickly detect violations, tax authorities have researched additional functions on the e-invoice application to prevent the issuance of false invoices. According to Official Letter 2392/TCT-QLRR dated 14/06/2023 of…
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mo.06SERVICE PROVIDERS SHALL DEPOSIT AT LEAST VND 150 MILLION TO COLLECT SOCIAL INSURANCE AMOUNT IN HO CHI MINH CITY
23-06-2023 1834 0On June 13th, 2023, Ho Chi Minh’s Social Insurance On June 13, 2023, Ho Chi Minh City Social Security issued Official Letter No. 2747/BHXH-TST ("Official Letter 2747") guide the signing of contracts for voluntary social insurance collection services, self-closing health insurance (hereinafter referred…
-400x300.jpg "THE PAYMENT OF SPECIAL SALES TAX ON DOMESTICALLY PRODUCED AND ASSEMBLED AUTOMOBILES ARISING IN JUNE, JULY, AUGUST, AND SEPTEMBER SHALL BE EXTENDED UNTIL 20/11/2023")
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mo.06On June 21st, 2023, the Government issued Decree 36/2023/ND-CP (“Decree 36”) stipulating the extension of the tax payment deadline for the amount of SCT payable incurred in the tax period of months 6, 7, 8, and 9 of 2023 for domestically manufactured or assembled cars. Decree 36 specifies the following:…
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mo.06On May 17, 2023, the Ministry of Finance issued Circular No. 30/2023/TT-BTC (“Circular 30”) guiding the registration, depository, exercise of rights, transfer of ownership, and payment of transfers, and organizing a trading market for bonds offered for private sale in the domestic market (hereinafter…
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mo.06On June 6, 2023, the Ministry of Finance issued Circular 36/2023/TT-BTC (“Circular 36”) stipulating the rate, collection, payment, management, and use of fees for certification of origin (C/O). Accordingly, when submitting the application for C/O, the applicant (trader, representative of the trader)…
