A periodic summary of new rulings and other legal documents relating to legal, tax and investment developments in Vietnam.
A lower corporate income tax rate and other incentives will be granted to small and medium enterprises, effective 1 January 2018. These will be applicable to both foreign invested and domestic SMEs.
Aiming to make the rules more business friendly, the Government is proposing various changes, including a clearer definition of businesses conducting promotion activities, removal of the 7 day notice for certain promotion schemes, introduction of more ways to effect registration/notification, and more relaxed deadlines. However, some proposed changes may cause problems.
On 22 June 2017 the Ministry of Finance released Circular 41/2017/TT-BTC in an effort to provide further guidance on the application of Decree No. 20/2017/ND-CP and this Circular will also take effect from 1 May 2017.
Vietnam’s New Pharma Decree opens the door for foreign-invested pharmaceutical companies to actually exercise their long-time awaited import rights. This note sets out the key changes.
A new draft decree guiding the Law on Pharmacy would have far-reaching implications for the structuring and operations of pharmaceutical companies in Vietnam.
According to Decree 07/2016/ND-CP dated 25 January 2016, representative offices (“ROs”) of foreign companies in Vietnam are required to submit an annual operations report on their activities (“Report”).
Explore Decree No. 71/2017/ND-CP on Corporate Governance Guidance for Public Interest Companies and the Internal Audit Handbook.
A new wave of the Petya ransomware has been affecting a significant number of organisations across a wide range of target industries since Tuesday 27 June.
The name of the legal entity PricewaterhouseCoopers (Vietnam) Limited has officially changed to PwC (Vietnam) Limited from 30 May 2017.