Support plan for small and medium-sized enterprises vietnam, Vietnam: legal support plan for sme, legal support plan for sme in vietnam

Vietnam: Legal Support Plan for Small and Medium-sized Enterprises in 2024 by the Ministry of Finance

On January 18, 2024, the Ministry of Finance issued Decision No. 124/QĐ-BTC on the Legal Support Plan for Small and Medium-sized Enterprises (SMEs) in 2024. The main forms and focus areas of the Ministry of Finance’s Legal Support Plan for SMEs in 2024 include:

  • Organizing communication, propaganda, and dissemination of legal financial documents for SMEs under various forms, specifically:
    • Organizing conferences to disseminate and train legal knowledge.
    • Organizing seminars, dialogues, and training sessions on financial knowledge for SMEs.
    • Developing, compiling, and distributing publications, documents, flyers, brochures, etc.
  • In 2024, implementing legal support, soliciting opinions to improve draft documents for the following groups of legal financial documents:
    • Decree No. 84/2023/NĐ-CP on Special Preferential Import Tariff for Vietnam to implement the ASEAN-Korea Free Trade Agreement for the period 2022-2027.
    • Amending and supplementing Decree No. 26/2023/NĐ-CP on Export Tariffs, Preferential Import Tariffs, List of Goods and Tax Rates, Mixed Taxes, and Out-of-Quota Import Duties.
    • Amending Decree No. 123/2020/NĐ-CP on invoices and documents.
    • Amending and supplementing Decree No. 132/2020/NĐ-CP on tax management for enterprises with related-party transactions.
    • Special Preferential Import Tax Decree for Vietnam to implement the bilateral trade promotion agreement between Vietnam and Cambodia for the period 2023-2023.
    • Special Preferential Import Tax Decree to implement the Vietnam-Israel Free Trade Agreement.
    • Special Preferential Import Tax Decree to implement the Vietnam-United Arab Emirates Free Trade Agreement.
    • Draft Circular guiding on taxes.
  • Receiving suggestions, and feedback, and resolving issues raised by enterprises.
  • Timely updating comprehensive information on newly issued financial legal documents.

ASL Law is a leading full-service and independent Vietnamese law firm made up of experienced and talented lawyers. ASL Law is ranked as the top tier Law Firm in Vietnam by Legal500, Asia Law, WTR, and Asia Business Law Journal. Based in both Hanoi and Ho Chi Minh City in Vietnam, the firm’s main purpose is to provide the most practical, efficient, and lawful advice to its domestic and international clients. If we can be of assistance, please email to [email protected].

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