Vietnam tax & legal updates
You will find here all the issues of our "Vietnam Spotlight" newsletter related to the recent Tax, Legal and Accounting updates.
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Tax Alert - Circular 13 on the definition of Software Production
On 03 July 2020, Ministry of Information and Communications issued Circular No.13/2020/TT-BTTTT ("Circular 13") providing new regulations on determination of software production activities to be eligible for Corporate Income Tax ("CIT") incentives.
Alert - New guidelines on the verification procedure of EPEs’ capability to satisfy Customs Inspection & Supervision Conditions
On 09th June 2020, General Department of Customs issued Official Letter No. 3778/TCHQ-GSQL (“OL”), providing new guidelines on the verification procedure of EPEs’ capability to satisfy Customs Inspection & Supervision Conditions
Mazars in Vietnam Newsletter - Issue June 2020
We would like to bring you tax and legal updates for June 2020 with the following highlights influencing the corporate operations and payroll activities:
Tax Alert - New resolution on family circumstance deductions for Personal Income Tax purposes
On 02 June 2020, the Standing Committee of the National Assembly issued the Resolution No. 954/2020/UBTVQH14 on the new family circumstance deductions Personal Income Tax (“PIT”) purpose.
Customs Alert - New guidance on Certificate of Origin submission
On 27th May 2020, the Ministry of Finance released new Circular no. 47/2020/TT-BTC (“The Circular”) which provides new guidance on the timeline for submission of Certificate of Origin (“C/O”) as well as the manner of C/O submission during the outbreak of Corona virus (COVID-19). The Circular takes effect from 23rd January 2020, and is applied to all customs declaration registered from then until further notice.