Late tax payment is a significant issue in tax administration in Vietnam, directly affecting the state budget and potentially leading to serious legal consequences for taxpayers. To maintain the integrity and efficiency of the tax system, Vietnamese law clearly stipulates measures for handling late tax payments. This article will explore the current regulations regarding the…
Registering for tax for the first time is a critical step marking the beginning of fulfilling financial obligations to the state. This process requires accuracy and knowledge of legal regulations to avoid unnecessary mistakes. For new individuals and businesses, understanding key considerations when registering for tax for the first time will help them follow the…
In Vietnam’s tax law system, taxpayers not only play the role of fulfilling their financial obligations to the state but are also protected and enjoy certain rights. Understanding your rights and responsibilities is key to properly and fully complying with legal regulations, thus avoiding unnecessary risks and sanctions. This article will detail the rights taxpayers…
On the morning of June 25th, the National Assembly passed a Resolution approving the accession documents of the United Kingdom of Great Britain and Northern Ireland to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Originally signed in 2018, the CPTPP came into effect for Vietnam in early 2019. This agreement includes 11 member…
In early July 2024, the Directorate General of Imports, Ministry of Trade of Turkey (DGI) will hold an end-of-term review hearing on the anti-dumping investigation of conveyor belts from Vietnam, China, and India. The conveyor belt products exported from Vietnam to Turkey are classified under HS codes 4010.32, 4010.34, and 4010.39. The hearing is scheduled…
In the ever-evolving landscape of legal education and practice, the Soul of Law competition stands out as a premier event, merging academic with practical insights. Soul of Law 2024, themed “Mergers & Acquisitions” is significantly enhanced by the support and participation of ASL LAW, the Gold Sponsor. Soul of Law 2024: Mergers & Acquisitions The…
On June 25, 2024, ASL LAW, in collaboration with the Singapore law firm WongPartnership LLP (Big 4 Law Firm in Singapore), organized the seminar “Experience in dispute resolution by international arbitration in Singapore and enforcement of arbitral award in Vietnam.” Speakers attending the seminar “Experience in dispute resolution by international arbitration in Singapore and enforcement…
On April 19, 2024, the Hanoi People’s Court issued Vietnam’s first criminal sentence for online copyright infringement. Le Hai Nam, the operator of the illegal IPTV subscription service BestBuy IPTV, faced criminal charges following investigations. The Case and Key Details BestBuy IPTV has been regularly featured on the United States Trade Representative’s blacklist over the…
(Published on Vietnam Investment Review) Gaining revenues from livestream sessions is increasingly popular on e-commerce platforms. However, it also raises issues regarding declaration and taxation. ASL Law senior partner Nguyen Thi Thuy Chung talked to VIR about taxing livestream sessions and protecting intellectual property rights on e-commerce platforms. What are the current obstacles to tax…
Recently, several Chinese producers announced that they have officially filed a request to initiate an anti-dumping investigation on pork imported from the European Union (EU). This is the latest move in the US-China trade tensions threatening the global economy. Last month, Europe initiated an anti-dumping investigation on Chinese steel coils, while the United States launched…