Commentary

On 10/03/2019, the Government issued Decree 39/2019/ND-CP on the organization and operation of the Small and Medium Enterprise Development Fund on 10/03/2019. This Decree takes effect from 01/07/2019. According to Decree No. 39/2019/ND-CP, the Small and Medium Enterprise Development Fund is a non-budgetary state financial fund, operating for non-profit purposes, established by the Prime Minister, […]

On 12/03/2019, the General Department of Taxation issued Official Letter No.786/TCT-KK guiding the transfer of business households to enterprises under Decree 108/2018 / ND-CP. This Official Letter is valid on the issued day. Accordingly, the principle of conversion from business households to enterprises is as follows: – Enterprises converted from business households are granted new […]

On 03/05 2019, the Ministry of Transport issued Circular No. 17/2019/TT-BGTVT regarding the issuance of the passenger transport service price frame on domestic flights. This Circular takes effect from 01/07/2019. According to Circular No. 17/2019/TT-BGTVT, the price of passenger transport service with a maximum basic universal dimension is as follows: – For flight distance of […]

On 07/05/2019, the Government officially issued Decree 37/2019/ND-CP detailing the implementation of a number of articles of the Planning Law with the adjusted contents of Article 15 (task set up) planning), 17 (planning consultancy organization), 19 (planning comments), 22 (national master planning contents), 23 (national maritime space planning contents), 24 (national land use planning contents), […]

On 03/04/2019, the Ministry of Finance issued Circular No. 18/2019/TT-BTC regulating the abolishment of Circular No. 134/2014/TT-BTC dated September 12, 2014 of the Ministry of Finance guiding procedures extend the time limit for tax payment and value-added tax refund for imported machinery and equipment to create fixed assets of investment projects effective on 20/05/2019. Accordingly, […]

On 18/03/2019, the Ministry of Finance issued Circular No. 16/2019/TT-BTC guiding the management and use of extracted funds to implement the priority regime for cadres, civil servants and employees of the State Audit. The Circular takes effect from 10/05/2019. Accordingly, the State Auditor uses the extracted funds to cover the following contents: Expenses for encouraging […]

On 11/04/2019, the Ministry of Finance issued Circular No. 21/2019/TT-BTC guiding the sale of initial shares and state capital transfers according to the method of book making (book building). This Circular takes effect from 03/06/ 2019. Investors who buy shares sold for the first time by State-owned enterprises by the method of book construction must […]

On 12/03/2019, the General Department of Taxation issued Official Letter No.786/TCT-KK stipulating guidelines on transferring households to enterprises in accordance with Decree No. 108/2018/ND-CP. Accordingly, Official Letter No. 786 / TCT-KK has specified the handling of converted business registration dossiers from business households received from the national information system, specifically as follows: Firstly, when receiving […]