Weekly legal update

ENHANCING THE OBLIGATIONS OF PROJECT INVESTORS IN CONSTRUCTION PROJECTS ON AGRICULTURAL LAND DESIGNATED FOR RICE CULTIVATION

  • 13-09-2024
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On September 11, 2024, the Government issued Decree 112/2024/ND-CP detailing on Agricultural Land Designated for Rice Cultivation ("Decree 112") replacing Decree 35/2015/ND-CP ("Decree 35"). Due to the important role of rice cultivation in ensuring food security in our country, Decree 112 supplements…

CITIZENS WILL BE ABLE TO ACCESS THE DATABASE ON CONSTRUCTION PLANNING, CONSTRUCTION PROJECTS AND OTHER CONTRUCTION OPERATIONS FROM JANUARY 1, 2026

  • 13-09-2024
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In order to enhance citizens' access to information and facilitate state management in construction, on September 6, 2024, the Government issued Decree No. 111/2024/ND-CP ("Decree 111"), which focuses on regulations regarding the development, management, exploitation, and use of the national information…

The issuance of criminal record certificates through the VNeID application will be implemented nationwide starting from October 1, 2024.

  • 06-09-2024
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At the regular meeting in February 2024, the Government approved the pilot issuance of criminal record certificates via the VNeID application in Hanoi and Thua Thien Hue. To further facilitate citizens and enhance the application of e-government in daily life, on August 24, 2024, the Prime Minister…

Japanese employees present in Vietnam for less than 183 days who receive income paid by a permanent establishment in Vietnam are still required to pay Personal Income Tax (PIT) in Vietnam.

  • 06-09-2024
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In Official Letter No. 7012/CTDAN-TTHT dated August 19, 2024, the Da Nang City Tax Department provided guidance on Personal Income Tax (PIT) for Japanese employees earning income from working in Vietnam as follows: Employees sent by the parent company in Japan who earn income from working in Vietnam…

Foreigners who rent houses in Vietnam for 183 days or more in a year are considered residents of Vietnam.

  • 06-09-2024
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In Official Letter No. 6964/CTDAN-TTHT dated August 14, 2024, the Da Nang City Tax Department provided guidance on Personal Income Tax (PIT) and family deduction registration as follows: A foreign individual is considered a resident of Vietnam if they meet one of the following conditions: (i) They have…

THE MINISTRY OF NATURAL RESOURCES AND ENVIRONMENT REQUESTS THE PEOPLE'S COMMITTEES OF THE PROVINCES TO PROACTIVELY ADJUST THE LAND PRICE TABLES IN LINE WITH ACTUAL CONDITIONS FOR APPLICATION UNTIL THE END OF 2025.

  • 06-09-2024
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The 2024 Land Law stipulates that the land price tables issued by the provincial People's Committees, in accordance with Land Law No. 45/2013/QH13, will continue to be applied until December 31, 2025. However, using the outdated land price tables (at significantly low levels) as the starting prices…

GUIDELINES FOR DECLARING AND PAYING VAT ON TRANSFERRING OF THE CERTIFIED EMISSION REDUCTIONS (CERS)

  • 23-08-2024
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On August 1, 2024, the General Department of Taxation issued Official Letter No. 3390/TCT-CS in response to the Gia Lai Provincial Tax Department regarding the VAT policy applicable to the transfer of Voluntary Emission Reduction (VER) certificates ("Official Letter 3390"). VER is described as a credit…

THE DECREE 94 SUPPLEMENTS SEVERAL REGULATIONS REGARDING THE HOUSING AND REAL ESTATE MARKET DATABASE

  • 23-08-2024
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On July 24, 2024, the Government issued Decree No. 94/2024/ND-CP (“Decree 94”) guiding the 2023 Law on Real Estate Business regarding the construction and management of information systems and databases on housing and the real estate market. Accordingly, with the increasingly completed database system,…

DECREE 103/2024/NĐ-CP: THE SCOPE OF SUBJECTS ELIGIBLE FOR EXEMPTION FROM LAND USE FEES AND LAND RENTS WILL BE EXPANDED FROM AUGUST 1, 2024

  • 10-08-2024
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To continue implementing the 2024 Land Law, on July 30, 2024, the Government issued Decree No. 103/2024/ND-CP regulating land use fees and land rent ("Decree 103"). Below, ATA Legal Services has updated some notable and important contents of Decree 103 as follows: 1. Expanding the scope of land use…

DECREE 96/2024/NĐ-CP: STRICT MANAGEMENT OF REAL ESTATE BUSINESS ACTIVITIES

  • 10-08-2024
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The Government has recently issued Decree No. 96/2024/ND-CP detailing certain provisions of the 2023 Real Estate Business Law ("Decree 96"). Decree 96 includes the following notable provisions: Detailed Guidance on Information Related to Real Estate Projects That Must Be Disclosed Before Transactions…

Decree 101/2024/NĐ-CP: Enhancing the effectiveness of land registration and the issuance of land use right certificates

  • 10-08-2024
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On July 29, 2024, the Government issued Decree No. 101/2024/ND-CP ("Decree 101") regulating basic land investigation; registration, issuance of certificates of land use rights, ownership of assets attached to the land, and the land information system. The new decree introduces significant changes in…

DECREE 102/2024/NĐ-CP: NEW REGULATIONS ENHANCE FLEXIBILITY IN LAND MANAGEMENT AND UTILIZATION

  • 09-08-2024
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On July 30, 2024, the Government issued Decree 102/2024/ND-CP detailing the implementation of a number of articles of the Land Law 2024 ("Decree 102") to replace Decree 43/2014/ND-CP ("Decree 43"). In general, Decree 102 inherits the basic principles of Decree 43, detailing new issues and providing…

APARTMENT BUILDING RENOVATION AND RECONSTRUCTION PROJECTS ARE NOT ONLY RELOCATION BUT ALSO COMMERCIAL HOUSING PROJECTS

  • 03-08-2024
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On July 25, 2024, the Government issued Decree No. 98/2024/ND-CP ("Decree 98") detailing certain provisions of the Housing Law concerning the renovation and reconstruction of apartment buildings, replacing Decree No. 69/2021/ND-CP ("Decree 69") on the same matter. Below are some noteworthy points of…