KMC’s Newsletter – September 2024 updated contents on accounting, tax, human resources, investment and business as follows:

1OL No. 20507/CTBDU-TTHT dated 25 July 2024 issued by Binh Duong Provincial Tax Department regarding deductible compensation arising from the contract cancellation of the Company
2OL No. 39488/CTHN-TTHT dated 4 July 2024 issued by the Hanoi Tax Department regarding PIT policy on golf expenses for employees cooperating with customers
3OL No. 21458/CTBDU-TTHT dated 1 August 2024 issued by Binh Duong Provincial Tax Department regarding PIT obligations during the probationary period of employees is determined
4OL No. 21458/CTBDU-TTHT dated 1 August 2024 issued by Binh Duong Provincial Tax Department regarding PIT obligations during the probationary period of employees is determined
5OL No. 2231/CTLAN-TTHT dated 9 May 2024 issued by Long An Provincial Tax Department regarding the 10% rate of VAT in case EPEs rent warehouses outside the non-tariff zones
6OL No. 2231/CTLAN-TTHT dated 9 May 2024 issued by Long An Provincial Tax Department regarding the 10% rate of VAT in case EPEs rent warehouses outside the non-tariff zones
7OL No. 3602/TCT-CS dated 15 August 2024 issued by the GDT stipulated FCT on loan interest paid to the Parent Company
8On 29 June 2024, the 7th Session of the 15th National Assembly approved the Social Insurance Law No. 41/2024/QH15 takes effect from 1 July 2025

KMC’s Newsletter aims to update and summarize the general provisions related to Taxation, Accounting, Investment and Labor in Vietnam. You should seek professional advice before making a decision.

Download here:  KMC_Newsletter_September 2024 (EN version)