VIETNAM TAX & LEGAL UPDATES AND ALERTS
Insights
Tax & Legal Newsletter
You will find here all the issues of our "Vietnam Spotlight" newsletter related to the recent Tax & Legal Updates.
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Mazars in Vietnam Newsletter - Customs Update - Issue May 2021
We would like to bring you notable customs updates for May 2021 with the following highlights influencing the corporate operations activities:
Customs alert - New guidance on Customs export and import code for declaration
Vietnam General Department of Customs has recently released new guidance on several applied Customs export/inport codes for declaration.
Mazars in Vietnam Newsletter - Customs Update - Issue April 2021
We would like to bring you notable customs updates for April 2021 with the following highlights influencing the corporate operations activities:
Tax & legal alert - Decree 52 on extended deadline for tax payment in 2021
On 19 April 2021, the Government released Decree 52/2021/ND-CP on extending the deadline of Value Added Tax, Corporate Income Tax, Personal Income Tax and land rental fee payment in 2021 for enterprises, business households and individuals.
Mazars in Vietnam Newsletter - Tax & legal updates - April 2021
We would like to bring you tax and legal updates for April 2021 with the following highlights influencing the corporate operations and payroll activities.
Tax & legal alert - Decree 44 on CIT expenses for the prevention of COVID-19
On 31 March 2021, the Government released Decree 44/2021/ND-CP ("Decree 44") providing guidance on the conditions for being deductible expense of the donation and sponsorship in cash or in kind for prevention of COVID-19 pandemic.
Mazars in Vietnam Newsletter - Customs Update - Issue March 2021
We would like to bring you notable customs updates for March 2021 with the following highlights influencing the corporate operations activities:
Customs alert - Decree no. 18 amending a number of articles of Decree no. 134 guiding the Law on Import & Export taxes
On 11/03/2021, the Prime Minister approved the promulgation of Decree no. 18/2021/ND-CP amending and supplementing a number of articles of Decree no. 134/2016/ND-CP guiding the implementation of the Law on Import & Export taxes.
Customs alert - New guidance on tax treatment for export-production model with outsource processing
Following the Government's Resolution No. 178/NQ-CP dated 12/12/2020, on 23/02/2021 the General Department of Customs (“GDC)” issued Official Letter No. 879/TCHQ-TXNK guiding the tax treatment for imports being materials used for export-production in which part of the production process is being outsourced to 3rd party vendor.
Tax & legal alert - Decree 152 regarding foreign employees working in Vietnam
On 30 December 2020, The Government promulgated Decree No. 152/2020/ND-CP regarding foreign employees working in Vietnam (“Decree 152”). Decree 152 is effective from 15 February 2021 and replaces Decree No. 11/2016/ND-CP (as amended by Decree No. 140/2018/ND-CP).