Decree No. 86/2018/ND-CP regulating on foreign cooperation and investment in education was issued on 6 June 2018 and took effect from 1 August 2018 (hereinafter referred to as Decree 86/2018). After 3 years of implementation, in addition to remarkable results in creating a legal framework for a foreign entity participating in the educational development of […]
On 17 September 2021, the Hanoi Tax Department explained in writing the concerns Giao Hang Tiet Kiem Company regarding personal income tax (PIT) related to phone calls and mid-shift meal allowances. In order to meeting the conditions to exempt the reimbursement of phone calls and mid-shift meals from PIT and to be deductible expense, companies […]
On 7 September 2021, State Bank approved the Circular 14/2021/TT-NHNN (“Circular 14”) which adjust the Circular No. 01/2020/TT-NHNN dated March 13, 2020 of the Governor of the State Bank of Vietnam stipulating that credit institutions and foreign bank branches restructure the repayment term, exempt or reduce interest and fees, maintaining the debt group to support […]
On August 25, 2021, the Minister of Finance announced a draft circular to substitute Circular 128/2018/TT-BTC stipulating service fee in the securities sector applicable at securities trading organizations, commercial banks participating in the Vietnamese stock market (“Alternative Circular”). According to Mr. Pham Hong Son – Vice Chairman of the State Securities Commission (SSC), from the […]