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The Prime Minister of Vietnam issued Directive No. 889/CD-TTg on October 1st, 2022, on improving the efficiency of tax administration for e-commerce and digital business. The popularity of digital businesses has expanded as the digital economy has flourished. According to predictions, Vietnam’s e-commerce would generate USD 13,7 billion in revenue in 2021, up 16% from…
14
Oct
Oct
On September 16, 2022, Vietnam published Decree 65/2022/ND-CP amending Decree 153/2020/ND-CP governing the offering and trading of privately placed corporate bonds in the domestic market, as well as the issuance of corporate bonds to the foreign market. The following are some of the highlights of Decree 65/2022/ND-CP: Changes to the purpose of bond issuing Bond issuance…
14
Oct
Oct
One of the most significant taxes in any country and a major source of funding for the state budget is the import and export tax. Therefore, businesses must understand what import and export tax is and who is obligated to pay it. The legal system of Vietnam is governed by a number of fundamental legal…
30
Sep
Sep
The Ministry of Planning and Investment proposes to amend administrative processes regulations on the list of investment projects using land proposed by the investor (for projects not subject to the approval of investment policies) in the proposed Bidding Law (amended). New administrative processes regulations This is an aspect of the implementation content contained in Decision No….
01
Oct
Oct
Businesses must first understand the concept and requirements to ensure the type and size of their business before engaging in business activities. Small businesses in Vietnam A small business is a business that was established, organized, and operates in accordance with the law on enterprises, has a small operations scale, several workers, and sales volume, and meets the Government’s specified requirements…
17
Sep
Sep
One of the most effective strategies to promote growth is expansion. It also carries a considerable risk by nature. The choice to expand your business, regardless of industry, is not one to be taken lightly. Business owners often miscalculate the financial and other resources necessary to operate a second location.In fact, failing to take into account…
16
Sep
Sep
The accountant must determine the taxable income before they may evaluate the payable enterprise income tax. According to Article 2 of Circular No. 96/2015/TT-BTC, revenue from the production, sale, and provision of goods and services, as well as other revenues, is included in taxable income for a tax period. The following formula is used to…
15
Sep
Sep
Creative images and content are frequently duplicated or unlawfully exploited for malicious purposes in the era of technological development 4.0. As a result, image copyright registration is important for protecting the author’s rights and benefits. So, what is the procedure for registering image copyright in Vietnam? What does “image copyright” mean? Why should image copyright…
14
Sep
Sep
Foreigners and Vietnamese citizens both can now have electronic identification accounts. The complete list of information regarding foreigner electronic identification accounts is provided below. What is an identification account for foreigners? The registration, verification, creation, and identification of each individual or organization within the electronic environment is known as electronic identification. Vietnam now uses electronic identification…
18
Sep
Sep
The draft Law on Real Estate trading in Vietnam is now undergoing consultation by the Ministry of Construction, despite the fact that it has been in effect for almost ten years and still displays several “bottlenecks” in the real estate industry. More types of real estate for commercial use in Vietnam According to Article 5 of the…
