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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Mazars Vietnam Newsletter - Issue February 2020
We would like to bring you tax and legal updates in February 2020 with the following highlights influencing the corporate operations:
Tax Alert - New regulations in Labour Code 2019
On 20th November 2019, the National Assembly of Vietnam has adopted the Labor Code 2019 which shall come into force as from 1st January 2021 and replace the current Labor Code 2012. Below is summary of the most notable points of this new Labor Code.
Tax Alert - Changes in tax administration 2019
On 13 June 2019, the National Assembly had passed the new Law on Tax Administration No. 38/2019/QH14. The new Law will take effect from 01 July 2020, except for the provision on E-invoices and E-documents, which shall be effective from 01 July 2022.
In comparison with the current laws, the new Law on Tax Administration contains some notable changes as follows:
In comparison with the current laws, the new Law on Tax Administration contains some notable changes as follows:
Tax Alert - Law on Investment and Law on Enterprises, New Regulations
The Ministry of Planning and Investment has submitted to the Government the Draft Law on amending and supplementing some articles of Law on Investment 2014 and Law on Enterprises 2014. In comparison with the current laws, the Draft contains some notable changes as follows:
New Transfer Pricing regulations in Vietnam
On 24 February 2017 Vietnam’s Government issued Decree No. 20/2017/ND-CP on transfer pricing between related parties and on 28 April 2017 Circular No.41/2017/TT-BTC was released to further guidance.