Collect the latest updates of legal documents

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Presumptive tax collection to be abolished from next year

The Ministry of Finance will terminate presumptive tax collection for business households starting 2026, replacing it with a tax self-declaration and self-payment mechanism, as part of its efforts to modernize tax administration.
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Ministry proposes tax on gold bullion transactions

The Ministry of Finance has submitted a proposal to include in the draft amended Law on Personal Income Tax a provision to impose personal income tax on transactions involving gold bullion transfers, with an initial tax rate of 0.1 percent of the transaction value.
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MOF proposes revising Law on Insurance Business

The 2022 Law on Insurance Business has contributed to promoting market development, but over time, there have been shortcomings that need to be amended to simplify administrative procedures, remove difficulties and create conditions for business development.
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Draft decree classifies financial, credit information as sensitive data

Organizations and individuals operating in the finance and banking sectors and providing credit information services would take responsibility for protecting personal data in conformity with international standards and domestic regulations on personal data protection and cybersecurity.