KMC’s Newsletter – April 2024 updated contents on accounting, tax, human resources, investment and business as follows:
- Tax declaration for dependent accounting branches – OL No. 14116/CTHN-TTHT dated 22 March 2024 issued by the Tax Department of Ha Noi.
- VAT policy for the EPEs – OL No. 3123/CTHDU-TTHT dated 04 April 2024 issued by the Tax Department of Hai Duong province.
- Tax policy on capital transfer and donation activities of foreign companies not present in Vietnam – OL No. 8983/CTHN-TTHT dated 23 February 2024 issued by the Tax Department of Ha Noi.
- Guidance on losses carrying forward after a branch ceases operations – OL No. 9579/CTHN-TTHT dated 28 February 2024 issued by the Tax Department of Ha Noi.
- The materials imported from abroad transported by rail to the Intermodal Station of international and not to a border gate, still incur FCT liability – OL No. 3122/CTHDU-TTHT dated 04 April 2024 issued by the Tax Department of Hai Duong province.
- Temporarily imported goods exempted from tax have changed the purpose of use should re-register customs declarations and subject to policies effective at time of new registration – OL No. 1008/TCHQ-TXNK dated 12 March 2024 issued by the General Custom Department of Vietnam.
- Invoice issuance for liquidating assets during business suspension period – OL No. 10119/CTBDU-TTHT dated 08 April 2024 issued by the Tax Department of Binh Duong province.
- Revision of ten (10) administrative procedures on employment from 29 March 2024 – Accordingly, promulgated together with Decision No.351/QD-BLDTBXH.
This 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.
