Commentary

- 05 / 05 / 2021 -
Additional cases of fee exemption in the fields of exit, entry, transit, and residence in Vietnam
On April 7, 2021, the Ministry of Finance issued Circular 25/2021/TT-BTC regulating the rates, collection, payment, management and use of fees and charges in the fields of exit and entry, transit and residence in Vietnam (“Circular 25“). Circular 25 replaces Circular No. 219/2016/TT-BTC and Circular No. 41/2020/TT-BTC. Accordingly, Article 5 of Circular 25 adds exemptions […]
- 05 / 05 / 2021 -
New regulations on electronic documents
On March 18, 2021, the Minister of Finance issued Circular No. 19/2021/TT-BTC guiding electronic transactions in the tax field. Accordingly, this Circular has new regulations on electronic documents. “Electronic document” is information created, sent, received and stored electronically when a taxpayer, tax authority, other relevant agency, organization or individual performs a transaction electronic tax. Electronic […]
- 05 / 05 / 2021 -
New regulations on electronic tax transaction registration
On March 18, 2021, the Minister of Finance issued Circular No. 19/2021/TT-BTC guiding electronic transactions in the tax field. Accordingly, this Circular has new regulations on electronic tax transaction registration methods, including the following methods: For registration of electronic tax transaction accounts with tax authorities: Web portal of General Department of Taxation. Registration of transactions […]
- 05 / 05 / 2021 -
New regulations on time for submitting electronic tax dossiers, electronic tax payment
On March 18, 2021, the Minister of Finance issued Circular No. 19/2021/TT-BTC guiding electronic transactions in the field tax. Accordingly, this Circular has new regulations on the time of electronic tax filing, electronic tax payment; time for tax agencies to send notices, decisions and documents to taxpayers. As follows: New regulations on electronic tax filing, […]
- 05 / 05 / 2021 -
Supporting enterprises affected by covid – the bank implement debt responsibility restructuring; exempt/ reduct the interest, fees
On April 2, 2021, the State Bank of Vietnam issued Circular No. 03/2021/TT-NHNN amending and supplementing a number of articles of Circular No.01/2020/TT-NHNN dated march 13, 2020 of The governor of the State bank of Vietnam providing instructions for Credit Institutions and Foreign Branch Banks (FBBs) on debt rescheduling, exemption or reduction of interest and […]
- 06 / 04 / 2021 -
Forms and providing business registration information will be applied from May 1, 2021
Recently, on March 16, 2021, the Ministry of Planning and Investment issued Circular 01/2021/TT-BKHDT guiding business registration, replacing Circular No. 20/2015/TT-BKHDT and Circular No. 02/2019/TT-BKHDT on business registration (“Circular 01“). Here are some highlights of Circular 01: Forms applied in business registration activities: Circular 01 stipulates that all 99 forms used in business registration and […]
- 06 / 04 / 2021 -
Stipulating criteria for defining high-tech enterprises
On March 16, 2021, the Prime Minister issued Decision 10/2021/QD-TTg regulating the criteria for identifying high-tech enterprises issued by the Prime Minister, which replaces the Decision No. 19/2015/QD-TTg (“Decision 10“). Here are some highlights of Decision 10: Subjects covered by Decision 10: Enterprises producing high-tech products and providing high-tech services in Vietnam and related agencies […]
- 06 / 04 / 2021 -
New regulations on the customs fees and charges for goods and vehicles in transit
On February 18, 2021, the Ministry of Finance issued Circular 14/2021/TT-BTC regulating the rates, collection, payment, management and use of customs fees and charges for goods and vehicles in transit issued by the Ministry of Finance, replacing Circular 274/2016/TT-BTC of the Ministry of Finance dated November 14, 2016 (“Circular 14”). Here are some highlights of […]