Newsletter Vietnam - March 2016

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Category: 2016

Published on Friday, 13 May 2016 02:07

Written by Lý Trà My

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Tax Update

• Amendment on preferable import tax rates on a number of products
• Amendment of Tax rate of Natural Resource Tax
• Guidance on declaration of VAT and CIT incentives applicable for organizations, individuals manufacturing supporting industry products
• Regulation on PIT reduction for individuals working outside Economic zones
• Guidance on offsetting overpaid payment of taxes, interest on late tax payments, fines

Update on Foreign Exchange Control

• Guidance on Foreign Exchange Control

Accounting Update

• Amendment and supplement on accounting regime

Business Update

• Direction on drafting Decree replacing Decree No.23/2007/ND-CP dated 12 February 2007 of Government  detailing the commercial Law regarding goods purchase and sale activities or goods purchase and sale related activities of foreign-invested enterprises in Vietnam.

English version: Newsletter - March 2016 (PDF)

Vietnamese version: Newsletter - March 2016 (PDF)

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