January 07 2022
Despite reaching retirement age, many elderly employees still wish to continue working to earn income or because they are passionate about devoting themselves to society. How can enterprises sign the labour contracts with those elderly employees? This article discusses this issue.
January 07 2022
The Competition Law 2018 requires a JV satisfying certain notification thresholds to be notified to the competition authority for review. However, the application of the JV concept under the Competition Law 2018 is problematic, as this articles discusses.
January 07 2022
Decree 47/2021 implementing the Enterprise Law 2020 and Decree 10/2019 implementing the Law on Management State Capital 2014 provide helpful clarification on the entities which can act as the owner representative agency of the State in a SOE, as explained here.
January 05 2022
In this Legal Update: 1) Medical guidelines for COVID-19 prevention and control for people who are allowed to enter Vietnam to work for less than 14 days (short-term work); 2) Social insurance premiums for foreign workers and voluntary social insurance ; and 3) CIT policy for new investment projects.
January 03 2022
In this update: 1) Law on Vietnamese Guest Workers bans charging workers with broker fees, 2) National Assembly adopts Resolution on guiding the organization of online trials, and 3) UNESCO adopted the first draft of Recommendation on the Ethics of AI.
December 30 2021
In this legal update: 1. The labeling of goods, 2. Expenses for making temporary residence cards and visas for foreign employees, 3. Regulations on working time and rest time for employees; and 4. Guidance on tax policy on tuition fees for children of foreign employees working in Vietnam.
December 30 2021
The General Department of Taxation issued Official Letter No. 4110 on the tax treatment related to Covid-19 expenses, listing out a number of expense items that shall not be taken into account for PIT calculation of the employees whilst being deductible for Corporate Income Tax if supported by legitimate documents,
December 28 2021
In this legal update: 1) Some adjustments in subjects, pension benefits, social insurance and monthly allowances, 2) New regulations on using the official development assistance (ODA) and concessional loans from foreign donors.
December 27 2021
This post will examine the Draft Decree on Penalties for Administrative Violations in Cybersecurity issued for public opinion on 20 September 2021.
December 26 2021
In this week’s legal update: 1) Detailed regulations on several articles and measures to implement the Law on Vietnamese Guest Worker; 2) Guidance on tax assessment and overdue tax handling; and 3) Guidance on job protection of whistleblowers who work under labor contracts.
December 24 2021
In this tax alert 1) Recent transfer pricing (TP) audit trends, 2) General tax inspection and examination procedures, 2) Frequently requested information and documents, typical challenges during a TP audit, and 3) Our experience in TP audits and recommendations for TP risk management.
December 23 2021
In this update: 1) The Minister of Health issuing the "Vaccine Passport" Form and Procedure, 2) The Minister of Finance amending the list of periodical reporting regimes in terms of insurance business under the management of the Ministry of Finance, and 3) The new Law on Environmental Protection will allow facilities collecting and transporting domestic solid waste to refuse to collect and transport households and individuals’ domestic solid waste that is not classified or contained in inappropriate packages.
December 21 2021
In this legal update: 1) Regulations on activities of sending Vietnamese employees to work abroad under contracts, 2) Regulations on stating the origin of goods on goods labels in Decree 111/2021/ND-CP.
December 20 2021
On the 16th of November, 2021, the Government issued Decree 102/2021/ND-CP amending and supplementing a number of articles in Decrees on administrative penalties in the fields of tax and invoicing; customs; insurance and lottery business; and others.
December 17 2021
On 12 November 2021, the General Department of Customs (GDC) issued Official Letter No. 5371/TCHQ-TXNK (OL 5371) to provide city and provincial customs departments with guidance on the customs valuation
December 14 2021
In this legal update: 1. E-commerce platforms are only obligated to declare and submit tax on behalf of individuals when authorized, 2. Extending the deadline for submitting excise tax for automobiles manufactured or assembled domestically.
December 08 2021
On 25 October 2021, the Thai Cabinet approved in principle the national Electronic Transactions Development Agency’s (“ETDA”) release of its Royal Decree on Supervision of Digital Platform Services Required to be Notified (“DPRD”) under the auspices of the Electronic Transactions Act B.E. 2544 (2001).