Category Archives: Newsletter

Official Letter No. CV415_23012025TCT[VLO] dated January 23, 2025, from the General Department of Taxation regarding VAT policy (2 pages) According to the guidance from the General Department of Taxation, in the case where an enterprise temporarily re-imports part of the exported goods for repair (import declaration type code G13), and then re-exports the goods back […]

Official letter No. 319/TCT-QLN dated January 21, 2025, from the General Department of Taxation regarding late payment of taxes (1 page). According to the General Department of Taxation, if a company delays paying taxes beyond the prescribed deadline but does not fall under the exemption cases due to supplying goods or services paid by government […]

Official Letter No. CV99_08012025TCT dated January 8, 2025, from the General Department of Taxation regarding Value-Added Tax (1 page) Regarding the VAT refund, the General Department of Taxation notes that in cases where the Tax Department has refunded VAT for goods and services exported without payment documents using non-cash payment methods, the Tax Department must […]

LL50_27112024QH15 dated November 27th, 2024 of the National Assembly on Trade Union One of the noticeable new points of this Law is that foreign employees are allowed to participate in trade unions. To be specific, according to the regulations at clause 2 Article 5, foreign employees working in Vietnam under an employment contract with a […]

Decree No. ND180_31122024CP[E] dated December 31, 2024, issued by the Government, stipulates the VAT reduction policy according to Resolution No. 174/2024/QH15 dated November 30, 2024, of the National Assembly (104 pages). This decree outlines which goods and services are eligible and ineligible for a 2% VAT reduction during the period from January 1, 2025, to […]