Author - MTP

Summary of new points of the Labor Code 2019, applicable from 01/01/2021

The Labor Code 2019 provides for many important changes in labor contracts, specifically: 10 new rules on labor contracts  Increase the identity of industrial relations that take place in reality.  Accept employment contracts via electronic means in the form of a data message.  There is no longer [...]

Summary of highlights in the Enterprise Law 2020

Eliminate regulations on notification of enterprise seal samples before use        Accordingly, Article 43 of the Enterprise Law 2020 provides for the seal of an enterprise as follows: – The seal includes the seal made at the seal engraving establishment or the seal [...]

Resolution No. 116/2020 / QH14 reduces 30% of corporate income tax in 2020

  On June 19, 2020, the National Assembly passed Resolution No. 116/2020 / QH14 on reducing the corporate income tax of 2020 on enterprises, cooperatives, non-business units and organizations. . Specifically, a 30% reduction of the payable enterprise income tax amount of 2020 for enterprises with [...]

DECREE No. 143/2018/ND-CP: ELABORATING ON LAW ON SOCIAL INSURANCE AND LAW ON OCCUPATIONAL SAFETY AND HYGIENE REGARDING COMPULSORY SOCIAL INSURANCE FOR EMPLOYEES WHO ARE FOREIGN NATIONALS WORKING IN VIETNAM

Chapter I GENERAL PROVISIONS Article 1. Scope This Decree elaborates on the Law on Social Insurance and the Law on Occupational Safety and Hygiene regarding the compulsory social insurance (SI) for employees who are foreign nationals working in Vietnam. Article 2. Subjects of application 1. Employees who are foreign [...]

DECREE No. 146/2018/ND-CP: ELABORATING AND PROVIDING GUIDANCE ON MEASURES TO IMPLEMENT CERTAIN ARTICLES OF LAW ON HEALTH INSURANCE

…………………… Chapter II CONTRIBUTION RATES, STATE BUDGET SUPPORT RATES AND CONRIBUTION METHODS APPLIED TO CERTAIN POLICYHOLDERS Article 7. Health insurance contribution rates and health insurance contribution responsibilities 1. Monthly health insurance contribution rates shall be subject to the following regulations: a) The contribution rate shall be equal to 4.5% [...]

Tax policies coming into force from November 2018

1. Change to tax on transfer of cars by owners eligible for legal immunity According to Circular No. 93/2018/TT-BTC taxes on transfer of motor vehicles are changed as follows: – The basis for calculation of import duty is the dutiable value, duty rate and exchange rate applicable on [...]

All 3 Circulars on taxation from December 1, 2018 becomes defunct

On October 17, 2018, the Ministry of Finance promulgates the Circular No. 95/2018/TT-BTC repealing certain Circulars in the export and import duty sector. Pursuant to the Circular, all of 3 following Circulars promulgated by the Minister of Finance will be repealed: 1. Circular No. 35/2010/TT-BTC dated March 12, 2010 providing [...]