Tax Alert December 2021 PERSONAL INCOME TAX (“PIT”) AND CORPORATE INCOME TAX (“CIT”) TREATMENT FOR CERTAIN KINDS OF COVID-19 RELATED EXPENSES The General Department of Taxation (“GDT”) issued the Official Letter No. 4110 dated October 27, 2021 on the tax treatment related to Covid-19 expenses (“OL 4110”). According to OL4110, the GDT lists out a number of expense items that shall not be taken into account for PIT calculation of the

• 30 December 2022

The State Bank of Vietnam is drafting a circular (Draft) to replace Circular 12 (2014) on conditions for enterprises to borrow foreign loans not guaranteed by the Government. The Draft has some remarkable changes to the conditions of foreign borrowings by Vietnamese companies and credit institutions, and generally will tighten such conditions.

• 09 August 2022 | Legal Centrix

This article will discuss whether the Investors can inject the increased charter capital (Increased Capital) into the DICA if the time limit for making the capital contribution under the IRC already expired.

• 09 August 2022 | Venture North Law Firm

The recent years have witnessed a rapid growth of the e-learning market in Vietnam, especially since the Covid-19 outbreak. Despite that, a clear legal framework for e-learning business under Vietnamese laws is still unavailable. This post will discuss some legal issues concerning the provision of e-learning services.

• 09 August 2022 | Venture North Law Firm

Under the law of Vietnam, it is unclear whether the General Shareholder’s Meeting (GSM) of a joint stock company (JSC) is allowed to authorise (or delegate) its power to the Board or to what extent can the GSM delegate its power to the Board, if the former is possible.

• 09 August 2022 | Venture North Law Firm

LAW ON AMENDMENTS TO AND SUPPLEMENTS OF A NUMBER OF ARTICLES OF THE LAW ON INTELLECTUAL PROPERTY 2 THE NATIONAL ASSEMBLY ---------------------------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness -------------------------------------------------- Law No: 07/2022/QH15 Hanoi, 16 June 2022

• 16 June 2022

i LAW 08/2022/QH15 ON INSURANCE BUSINESS Dated 16 June 2022 CONTENTS ............................................................................................................................................... 1 GENERAL PROVISIONS ........................................................................................................................... 1 Article 1 Governing

• 16 June 2022

1 CIRCULAR ON DETAILED REGULATIONS FOR A NUMBER OF GOVERNMENT DECREE NO. 43/2014/NĐ-CP AND GOVERNMENT DECREE NO. 44/2014/NĐ-CP DATED 15 MAY 2014 Table of contents Article 1. Scope of Amendments ........................................................................................................... 4 Article 2. Subjects of application............................................

• 28 February 2022

i CIRCULAR 06/VBHN-BCT ON PROVIDING FOR THE MANAGEMENT OF E-COMMERCE WEBSITES Dated 15 March 2022 CONTENTS ................................................................................................................................................. 2 GENERAL PROVISIONS ..................................................................................................................

• 15 March 2022

1 THE STATE BANK OF VIETNAM ---------------------------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness -------------------------------------------------- No: 04/2022/TT-NHNN Hanoi, 16 June 2022 CIRCULAR ON REGULATIONS FOR THE APPLICATION OF INTEREST RATES ON PREMATURE WITHDRAWALS OF DEPOSITS FROM CREDIT INSTITUTIONS AND FOREIGN BANK BRANCHES Pursuant to the Law on t

• 16 June 2022