Hot policies take effect on August 2022

On August, a series of legal policies shall take effect and be applicable. The most important policies are the application of interest rates upon premature withdrawal of deposits, a fine of up to VND 1 million for failing to classify daily-life waste from August 25, 2022, or procedures for allocating sugar import tariff quota under auction methods….

29/07/2022

Online business registration: Detailed guidelines on procedure

Online business registration is the most popular form that many investors choose when making the procedure of enterprise establishment registration in order to save time and cost. So, how to implement the steps of online business registration?

29/07/2022

05 illegal agreements that everybody should know when signing labor contracts

The law respects the agreements between employers and employees but not all agreements are recognized by the law. Here are the illegal agreements that every employee should know before signing in the contract.

20/07/2022

Cancellation of an e-invoice: What is the procedure?

The procedure for cancellation of an e-invoice is made by the seller and tax agency to make e-invoice invalid. The procedure can be made in the software of e-invoice.

19/07/2022

04 important notes for contracts of a term of under 1 month

In order to ensure production progress during the peak occasion, enterprises often hire employees in short term. So, what should enterprises and employees pay attention to for the contracts of a term of under 1 month.

15/07/2022

Procedure for handling occupational accidents

What must an enterprise do when employees have occupational accidents in the working process? Hereafter are the guidelines for enterprises in handling occupational accidents.

13/07/2022

Analysis of the Decree No. 41/2022 amending 02 Decrees on invoice and VAT deduction

The Decree No. 41/2022/ND-CP on amending and supplementing a number of articles of the Government's Decree No. 23/2020 on invoices and documents and the Government's Decree No. 15/2022 providing tax exemption and reduction policies under the Resolution No. 43/2022/QH15 is issued by the Government and takes effect on June 20, 2022. Here are the important contents of this Decree:

04/07/2022

Hot policies take effect on July, 2022

Series of new legal policies such as increase in region-based minimum wage levels, deletion of e-invoices, charge for derivatives operation supervision...shall formally take effect and give many improvements from July 2022.

29/06/2022

Information Form for a Temporary Resident Card

Foreigners who are residing in Vietnam must have Temporary Resident Card in accordance with law provisions. Hereafter is the latest declaration form for a Temporary Resident Card which is issued with the Circular No. 04/2015/TT-BCA.

24/06/2022

Infographic: Legal handbook for purchasing condominium apartments

Currently, many people choose to live in condominium apartments for many good benefits. Here after is the legal handbook for purchasing condominium apartments.

23/06/2022

What are the processing contracts? 4 need-to-knows on this type of contract

With the economic development and market openness, processing activities of goods are more and more important. And the processing activities of goods are implemented via processing contracts. In the below post, LuatVietnam shall introduce a number of contents relating to processing contracts.

21/06/2022

New Decree: Minimum wages are not decided by diplomas

In previous regulations, diplomas take the important role in the wage levels of employees. However, this notion is changed in the new regulations prescribed in the Decree No. 38/2022/ND-CP.

20/06/2022

Analysis on the Decree No. 38/2022/ND-CP prescribing minimum wage levels and notes for enteprises

On June 12, 2022, the Government issues the Decree No. 38/2022/ND-CP prescribing the region-based minimum wages paid to employees working under employment contracts.

17/06/2022

“Advantages” and “disadvantages” when the region-based minimum wage increases in 2022

Recently, the Government issues the Decree No. 38/2022/ND-CP on adjusting the region-based minimum wage levels to 6% from July 01, 2022. How do employee's benefits change together with the increase in region-based minimum wage levels?

16/06/2022

What are the hourly region-minimum wage levels in 2022?

The Labor Code 2012 and 2019 mentioned the hourly region-based minimum wage levels but the Decree No. 38/2022/ND-CP formally prescribes the hourly region-minimum wage levels. So, what are the hourly region-minimum wage levels in 2022?

16/06/2022

Need-to-knows for Startups: What does the establishment dossier include?

The enterprise registration dossier includes all the documents showing the primary information of an enterprise. Hereafter are the documents in the enterprise registration dossier that every enterprise must-have.

15/06/2022

Decree No. 38/2022/ND-CP: 4 changes in region-based minimum wage from July 2022

This is a great expectation over two years, the Government issues Decree No. 38/2022/ND-CP on June 12, 2022 with many changes relating to the region-based minimum wage the next time.

14/06/2022

What should enterprise do when the region-based minimum wage increases?

In accordance with the Decree No. 38/2022/ND-CP, the region-based minimum wage shall be adjusted with an increase of 6% from July 01, 2022. Enterprises must make some suitable adjustments in accordance with legal provisions when having changes in the region-based minimum wage.

14/06/2022

Enterprise pays lower wage than region-based minimum wage: What is the fine?

The current situation that enterprises pay lower wages with the region-based minimum wage for employees is going on based on the employee’s unacknowledged understanding of labor laws. Enterprises shall receive a heavy penalty for this problem.

13/06/2022

05 notes for enterprises when using employees with disabilities

Laws always have a high priority for people with disabilities. Therefore, enterprises must pay attention to a number of problems when using employees being people with disabilities.

13/06/2022

Who is responsible for tax evasion in enterprises?

Tax invasion is an act that has great effects on state economic management, so all the individuals and organizations having tax invasion shall be dealt with in accordance with legal provisions. So, who is responsible for tax evasion in enterprises?

10/06/2022

What is the fine for being late reports on labor-related changes?

One of the important tasks that human resources must take in June and December every year is the report on labor-related changes. What is the fine for being late in reporting on labor-related changes to the Departments of Labor, War Invalids and Social Affairs?

09/06/2022

What is bankruptcy? When does an enterprise go bankrupt?

Each enterprise’s cycle includes 04 important periods: start-up, growth, saturation, and depression. In the depression period, bankruptcy is the final step to the operation termination of an enterprise. Therefore, what is bankruptcy in accordance with law provisions? When does an enterprise go bankrupt?

09/06/2022

Types of enterprise in Vietnam [Updated in 2022]

LuatVietnam would like to introduce the types of enterprise in Vietnam in 2022

09/06/2022

What is the rate of EIT? [Update in 2022]

Enterprise income tax (EIT) is one of the important taxes that all enterprises must submit to the state budget. Currently, what is the rate of EIT?

08/06/2022

What is the charter capital of a joint-stock company? What is the minimum charter capital?

The joint-stock company is one of the popular types of enterprise. In accordance with the legal regulations, what is the charter capital of joint-stock companies? What is the minimum charter capital of joint-stock companies?

08/06/2022

What is an e-invoice? Summary of latest legal documents on e-invoice

Enterprises must use e-invoices from July 01, 2022. LuatVietnam shall have a detailed explanation of what is e-invoice and a summary of the latest legal documents on e-invoices.

08/06/2022

Procedure of enterprise establishment in 2022: From A - Z

It is estimated that thousands of new enterprises are established every day. Therefore, the demand for studying the procedure for enterprise establishment is very huge. LuatVietnam shall guide in details all the steps in this procedure for all types of enterprises.

07/06/2022

Dossier for establishing single-member LLCs

Limited liability companies (LLC) are one of the popular form of companies in these days. So, how to prepare the dossier to establish this type of company?

02/06/2022

5 new points in the Decree 10/2022 on registration fee

Recently, the Government has just issued the Decree No. 10/2022/ND-CP with many new points on registration fee from March 01, 2022. Below is the summary of Luatvietnam

01/06/2022

Analysis on the Decree No. 15/2022/ND-CP on tax exemption and reduction policy

On January 28, 2022, the Government issues the Decree No. 15/2022/ND-CP detailing the regulations on policies of reduction of value-added tax (VAT) and the deductible expenses for determining income subject to enterprise income tax (EIT).

01/06/2022

Guiding the implementation of trade remedies in the RCEP Agreement

On March 23, 2022, the Ministry of Industry and Trade issues the Circular No. 07/2022/TT-BCT guiding the implementation of trade remedies in the Regional Comprehensive Economic Partnership (RCEP).

01/06/2022

Who is responsible for the bankruptcy of LLC?

Every enterprise wants to get the long-term and sustainable development. However, loss and bankruptcy are sometimes unavoidable. Who are responsible for the bankruptcy of a liability limited company?

01/06/2022

Where are the dossiers for enterprise establishment submitted?

When the market is open, the enterprise establishment are becoming the necessary trend for individuals and organizations. So where to submit the dossiers for enterprise establishment?

01/06/2022

Dissolution of single-member limited liability companies: Condition and Procedure

Dissolution is the way that many owners choose to stop the enterprise’s operations that are not operating efficiently. So, what should be done to dissolve the single-member limited liability companies?

01/06/2022

Difference between banks and finance companies

Banks and company finances are the two forms of popular credit institutions. So what is a bank? What is a finance company? What are the differences between banks and finance companies?

01/06/2022

Updated procedure in establishing securities companies in 2022

Securities are more and more attractive and have a great attraction with the investors, this is also why many securities companies have excessive growth. Not all securities companies are established and operate according to legal regulations. LuatVietnam shall help readers have a deep and correct understanding of the process and procedure of establishing securities companies.

01/06/2022

What are the fines for doing business without permits?

In reality, many organizations and individuals do businesses without any registration with the State agencies. What are the fines for these administrative violations?

01/06/2022

Guiding the extension of deadlines for taxes and land rental payments in 2022

In accordance with the Decree No. 34/2022/ND-CP, a number of enterprises, households, business households, organizations, individuals shall have the extension of deadlines for VAT, EIT and PIT, land rental payment in 2022.

01/06/2022

Fines for using foreign workers without work permits

Vietnam enterprises must hire foreign workers for the characteristics of many industries. However, Vietnam laws have strict regulations on this problem, foreign workers must have work permits when working in Vietnam is one example.

19/05/2022

Deposits under the Investment Law 2020

Investors must make deposit or get the bank guarantee for deposit obligations for implementation of investment projects. In particular, in what cases do investors must make deposit?

19/05/2022

Difference between investment licenses and investment certificates

Investment licenses, investment incentive certificates, investment certificates or investment registration certificates make many people feel confused. Whether are they different?

19/05/2022

Order and procedures for approval of investment policy

Investors can submit the order and procedures for approval of investment policy by the National Assembly before project implementation depending on scale, industry, and type of investment. Accordingly, how to make the order and procedures for approval of investment policy by the National Assembly?

18/05/2022