On December 28, 2023, the Government issued Decree 94/2023/ND-CP on value-added tax (VAT) reduction policy under Resolution 110/2023/QH15 dated November 29, 2023 of the National Assembly (Decree 94). Decree 94 takes effect from January 1, 2024 to the end of June 30, 2024.
Read moreempty
Some notes on the application of top-up corporate income tax under Global anti-base erosion rules
On November 29, 2023, the National Assembly approved Resolution 107/2023/QH15 on applying top-up corporate income tax under Global anti-base erosion rules. The Resolution takes effect from January 1, 2024.
Read moreSome new regulations of Draft Decree amending the decree on invoices, records
In order to tackle the drawbacks of Decree 123 as well as further facilitate taxpayers, authorities, and organizations on activities related to invoices, records, the Ministry of Finance is currently developing a draft to amend, supplement several provisions of this Decree (Draft).
Read moreNew regulations on compulsory insurance in construction investment activities
On September 6, 2023, the Government promulgated Decree 67/2023/ND-CP on compulsory civil liability insurance of motor vehicle owners, compulsory fire and explosion insurance, compulsory insurance in construction investment activities.
Read moreNotable new regulations on lending activities of credit institutions, foreign bank branches
On June 28, 2023, Circular 06/2023/TT-NHNN (Circular 06) was issued to amend and supplement several provisions of Circular 39/2016/TT-NHNN (Circular 39) which stipulates lending activities of credit institutions and foreign bank branches. After that, on August 23, 2023, the State Bank issued Circular 10/2023/TT-NHNN (Circular 10) suspending the implementation of some provisions in Circular 39. Circular 06 and Circular 10 both take effect from September 1, 2023.
Read more