A periodic summary of new rulings and other legal documents relating to legal, tax and investment developments in Vietnam.
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On 13 November 2015, the Ministry of Science and Technology issued Circular 23/2015/TT-BKHCN (“Circular 23”) prescribing the requirements and procedures for importation of used machinery, equipment and production lines classified under Chapter 84, 85 (except for headings from 8440 to 8443).
On 28 October, the Government issued Decree 108/2015 providing guidance on implementation of Special Sales Tax (“SST”) law 2008 and amended law 2014
On 2 October, the Ministry of Finance (“MoF”) issued Circular 152/2015/TTBTC providing guidance on Natural Resource Tax (“NRT”), which replaces Circular 105/2010/TT-BTC dated 23 July 2010. Circular 152 comes into effect 20 November 2015.
The issuance of guidance on the new Law on Enterprises (“LoE”) continues apace.
Readers will be aware from our earlier NewsBriefs dated 16 January and 6 December 2013 that employers in Vietnam are required to pay trade union fees (“TUF”), and this requirement applies regardless of whether the company concerned has an in-house trade union or not.