Weekly legal update

NEW REGULATIONS EMPHASIZING RESPONSIBILITIES OF EMPLOYERS IN SAFETY ASSURANCE IN CONSTRUCTION

  • 17-06-2022
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On December 20, 2021, the Ministry of Construction issued Circular No. 16/2021/TT-BXD (“Circular 16”) on the promulgation of Vietnamese technical standards (“QCVN”) No. 18:2021/BXD on safety in construction. Accordingly, Circular 16 took effect from June 20, 2022. Simultaneously, QCVN 18:2021/BXD replaces…

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

  • 17-06-2022
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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

  • 17-06-2022
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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…

ENHANCE AUTHORITY TO APPROVE THE INVESTMENT POLICY OF HOUSING PROJECTS, URBAN AREA OF PROVINCIAL LEVEL OF PEOPLE’S COMMITTEES

  • 17-06-2022
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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…

STILL REQUIRED TO HAVE RESIDENTIAL LAND OR LANDSCAPE TO INVEST IN COMMERCIAL HOUSING PROJECTS

  • 17-06-2022
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From March 1, 2022, the Law 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 Law on Enterprises, Law on Special Consumption…

VARIOUS GOVERNMENTAL FAVOURABLE POLICIES FOR SMALL AND MEDIUM ENTERPRISES

  • 08-06-2022
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According to Decree No. 80/2021/ND-CP of the Government (“Decree 80”), small and medium enterprises are identified under the following criteria: Section Business form Criteria Average number of employees participating in social insurance per year Total annual revenue Total annual capital Agriculture,…

THE AMENDED VERSION OF THE 2020 LAW ON ENTERPRISES HAS REMOVED VARIOUS ENTANGLEMENTS IN PRACTICAL APPLICATION

  • 08-06-2022
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Since March 1, 2022, 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 Law on Enterprises,…

PAPER INVOICES SHALL NOT BE USED AFTER 30/06/2022

  • 08-06-2022
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Under Decree No. 123/2020/ND-CP dated October 19, 2020, businesses and economic organizations can only use paper invoices until the end of 30/06/2022. Since 01/07/2022, businesses and economic organizations will have to switch to using electronic invoices and the application will comply with the provisions…

IN CASE OF USE RIGHTS TRANSFER OF “RESIDENTIAL AND NON-RESIDENTIAL LAND”, OR "NON-RESIDENTIAL LAND”, SHALL COMMERCIAL HOUSING PROJECTS BE GRANTED APPROVAL FOR BOTH INVESMENT POLICY AND INVESTORS?

  • 08-06-2022
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Since May 4, 2022, the Ministry of Planning and Investment (“MPI”) has issued Documentary No. 2875/BKHDT-PC (“Documentary 2875”) guiding this issue. Accordingly, the MPI has been providing that the simultaneous approval for investment policy and investors implementing commercial housing projects without…

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

  • 02-06-2022
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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

  • 01-06-2022
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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…

NEW REGULATIONS ON OTHER WORKING HOURS FOR EMPLOYEES FROM 01/04/2022

  • 01-06-2022
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On March 23, 2022, the National Assembly Standing Committee (“UBTVQH”) has approved Resolution No. 17/2022/UBTVQH15 (“Resolution 17”) stipulating annual and monthly overtime hours ensuring Covid-19 prevention and control, socio-economic recovery and development Acknowledging that this issue is showered…

SIMULTANEOUS REDUCTION OF CHARGES AND FEES IN THE SECURITIES SECTOR

  • 31-05-2022
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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…