In August, the Ministry of Finance (“MoF”) released Circular 48/2019/TT-BTC, providing guidance on several types of provisions. Circular 48 will take effect from 10 October and will apply for fiscal year 2019 onwards. Circular 48 replaces Circular 228/2009/TT-BTC and its amendments.
On 23 April 2019, a draft Economic Substance Code (the draft Code) was issued by the British Virgin Islands International Tax Authority (ITA) as a supplementary to the Act but not deemed legally binding. It details the guidance on how to meet the economic substance requirements, the legislation interpretation and the scope that ITA will carry out its functions.
Important Vietnamese legal terms can be looked up, with the corresponding term in the other language presented (Vietnamese <-> English). Very helpful resource for those professionals working in both languages
All resources are linked to related content with each link manually selected by our editorial staff.
In addition, all content can be found using our advanced search engine, to improve the speed and effectiveness of your research.
We work with many local and international firms on an ongoing basis to develop and maintain the service.