Decree 01/2021/ND-CP on enterprise registration (Decree 01) has positively impacted administrative procedure reform in enterprise registration but also revealed certain shortcomings. Therefore, the Ministry of Planning and Investment is currently developing a draft to amend and supplement several provisions of Decree 01 in order to tackle the drawbacks of this Decree and to continue promoting administrative procedure reform.

After more than 15 years of implementation, certain provisions of the applicable Law on CIT have shown inadequacies and are no longer suitable for the current economic context. Consequently, the Ministry of Finance has developed a project dossier of the Law on CIT (amended) (the Draft Law) to submit to the Government with the goal of institutionalizing guidelines and policies on reforming the CIT policy system, meeting practical and new development requirements of the economy, and ensuring the synchronization of the legal system.

The Draft Law on VAT (Amended) substantially inherits the Law on VAT 2008 but amends and supplements many provisions, closely following the requirements of the Tax System Reform Strategy to 2030 by the Prime Minister.