legal updated
INCREASE THE CHARCOAL’S IMPORT TAX TO 10%
On May 06, 2013, the Ministry of Finance issued the Circular No. 56/2013/TT-BTC of the Ministry of Finance amending the export tax rated for forest charcoal in the heading 44.02 in the Export Tariff.
FIXED ASSETS OVER VND 30 MILLION MUST HAVE DEPRECIATION
This is one of the important contents prescribed at the Circular No. 45/2013/TT-BTC dated April 25, 2013 of the Ministry of Finance guiding the management, use and fixed asset depreciation.
USING TOXIC CHEMICALS MUST REGISTER IN WRITTEN FORM
On April 22, 2013, the Ministry of Industry and Trade issued the Circular No. 07/2013/TT-BCT on the registration of using toxic chemicals to produce products, goods in the industrial sector.
ISSUING THE LIST OF SOFTWARE, HARDWARE AND ELECTRONIC PRODUCTS
On April 08, 2013, the Ministry of Information and Communications issued the Circular No. 09/2013/TTBTTTT issuing the list of software, hardware and electronic products.
THE MINIMUM CAPITAL REQUIRED ESTABLISHING AIRLINE AIR TRANSPORTATION BUSINESS IS 300 BILLION VND
On April 08, 2013, the Government issued the Decree No. 30/2013/ND-CP on air transportation and general air operation.
MEDIUM AND SMALL ENTERPRISE DEVELOPMENT FUND MUST NOT EXCEED VND 30 BILLION PER PROJECT
This is the directive of the Government at the Decision No.601/QD-TTg dated April 17, 2013 on establishing medium and small enterprise development fund.
MUST REPORT TO THE STATE BANK FOR THE TRANSACTION OVER VND 300 MILLION
On April 18, 2013, the Prime Minister signed the Decision No. 20/2013/QD-TTg promulgating the level of high value transaction must make reports.
INCREASE 10% FOR EXPORT TARIFF OF MINERALS
This is the new regulations prescribed at the Circular No.44/2013/TT-BTC dated 44/2013/TT-BTC dated April 25, 2013 of the Ministry amending export tax rates for some commodities of minerals in the export tariff.
INCREASE IMPORT TAX RATE FOR OILS TO 16%
This is new action of the Ministry of Finance at the Circular No. 47/2013/TT-BTC dated April 26, 2013 of the Ministry of Finance amending, supplementing the preferential import tax for some commodities in the heading 2710 in the Preferential Export and Import Tariff.
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