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TET HOLIDAY CLOSING ANNOUNCEMENT

Doanh Tri Law Firm would like to announce our Tet Holiday 2022

VIETNAM'S NATIONAL DAY HOLIDAY ANNOUNCEMENT

OVERVIEW OF THE NEW REGULATION IN VIETNAM ON THE DEFERRAL OF VALUE-ADDED TAX, CORPORATE INCOME TAX, PERSONAL INCOME TAX AND LAND RENTS IN 2021

The year 2020 passed with existing difficulties for businesses and people in general due to the impact of the Covid-19 pandemic. On April 19, 2021, the Government issued Decree 52/2021/ND-CP deferral of value-added tax, corporate income tax, personal income tax, and land rents in 2021 with the main content of extending the time to pay value-added tax, corporate income tax, personal income tax and land rent in 2021 for many subjects.

VIETNAM LEGAL NEWS JUNE 2021

In June 2021, a number of new legal instruments were released and went into effect, including: - Decree No. 43/2021/ND-CP dated March 31, 2021 on National Insurance Database; - Decree No. 38/2021/ND-CP dated March 29, 2021 on prescribing penalties for administrative violations involving cultural and advertising activities; - Decree No. 23/2021/ND-CP dated March 19, 2021 on prescribing details of clause 3 of Article 37 and Article 39 in the Employment Law on employment service centers and businesses; - Decision No. 1357/QD-TCHQ dated May 18, 2021 on issuance of code schedule of import, export format and use instruction thereof; - Circular No. 27/2021/TT-BTC dated April 19, 2021 on amendment to Circular No. 19/2014/TT-BTC on procedures for temporary import, re-export, disposal and transfer of automobiles, motorized bicycles of beneficaries of priviledges and immunities in Vietnam; - Circular No. 13/2021/TT-BGDDT dated April 15, 2021 on conditions and procedures for and competence in recognition of degrees awarded by foreign educational institutions for use in Vietnam;

VIETNAM LEGAL NEWS MAY, 2021

The following new legal documents were issued and took effect in May 2021: Decree 53/2021/ND-CP Preferential export tariffs and special preferential import tariffs of Vietnam to implement the Free Trade Agreement between the Socialist Republic of Vietnam and the United Kingdom Great Britain and Northern Ireland 2021-2022 Decision 721/QD-TTG Approving the implementation plan of the Free Trade Agreement between Vietnam and the United Kingdom of Great Britain and Northern Ireland (UKVFTA) Decision 887/QD-BGTVT Promulgating the implementation plan to implement Decision No. 221/QD-TTG dated February 22, 2021, of the Prime Minister amending and supplementing Decision No. 200/QD-TTG dated 140/ February 2017 on approving the action plan to improve competitiveness and develop Vietnam's logistics services until 2025 Circular 35/TT-BTC stipulating financial management mechanism for implementation of a national program to support enterprises to improve productivity and quality of products and goods in the period of 2021-2030 Circular 36/TT-BTC Guiding a number of contents on state capital investment in enterprises and management and use of enterprise capital and assets specified in Decree No. 91/2015/ND-CP dated May 13 October 2015; Decree No. 32/2018/ND-CP dated March 8, 2018; Decree No. 121/2020/ND-CP dated October 9, 2020, and Decree No. 140/2020/ND-CP dated November 30, 2020, of the Government Plan 128/KH-UBND on international integration of Hanoi city in the period of 2021 - 2025 Decision 632/QD-BKHDT On the fields, criteria, and regulations on recognition of consulting individuals and organizations in the consulting network to support small and medium-sized enterprises in planning and investment Decree 2722/VBHN-BKHDT On investment in construction and business of golf courses

VIETNAM LEGAL NEWS APRIL, 2021

Some new legal documents have been issued and come into effect in April 2021, including: - Decree 47/2021/ND-CP guiding the Law on Enterprises; - Decision 10/2021/QD-TTg regulating criteria for identifying high-tech enterprises issued by the Prime Minister; - Circular 10/2020/TT-BKHCN guiding Decree 132/2008/ND-CP and 74/2018/ND-CP on the use of codes and barcodes issued by the Ministry of Science and Technology; -Decree 49/2021/ND-CP amending Decree 100/2015/ND-P on development and management of social housing; - Decree 18/2021/ND-CP amending Decree 134/2016/ND-CP guiding the Law on Import Tax and Export Tax; Circular 17/2021/TT-BTC in 2021 amending Circular 14/2015/TT-BTC guiding the classification of goods, analysis for classifying goods; analysis for quality inspection and food safety inspection of import, export goods, issued by the Ministry of Finance; - Decree 50/2021/ND-CP amending Decree 37/2015/ND-CP detailing construction contracts.