CONTENTS UPDATED
MONTH 12-2022
MONTH 11-2022
Consequences of leaving a business that owes taxes
Abandoning the enterprise without liquidating all its obligations, especially the one that owes tax, will lead to problems such as:
+ Suspended exit from Vietnam for Legal Representative / Business Director
+ Coercively applied
+ Not allowed to set up a new business
+ Unable to carry out business procedures
Instructions | Managing foreign exchange for borrowing and paying foreign debts of enterprises (From November 15, 11)
The jobs that enterprises with foreign loans need to perform according to the provisions of Circular 12/2022/TT-NHNN from November 15, 11, such as:
Borrower's reporting obligations: On a monthly basis, no later than the 05th of the month following the reporting period, the Borrower must report online on the performance of short, medium and long-term loans at the Website.
Use of the Website: Borrowers use the website for management of foreign loans and repayment of foreign loans of the State Bank to:
+ Registration/registration for change of medium and long-term loans (except for foreign loans in the form of deferred import of goods) [optional but recommended].
+ Report on the implementation of foreign loans [required implementation].
+ Update the changes of medium and long-term loans but do not have to re-register [required implementation].
MONTH 10-2022
Decree 91/2022/ND-CP amending and supplementing Decree 126/2020/ND-CP guiding the Law on Tax Administration
On October 30, 10, the Government issued Decree 2022/91/ND-CP amending and supplementing Decree 2022/126/ND-CP guiding the Law on Tax Administration, with specific changes such as: to be:
+ Total CIT temporarily paid for 04 quarters must not be less than 80% of CIT payable according to the annual finalization. Previously, according to Decree 126/2020/ND-CP, the total CIT temporarily paid for the first 03 quarters of the tax year must not be lower than 75% of the payable CIT amount according to the annual finalization.
+ Personal income tax declarer is an organization or individual paying income in the case of monthly or quarterly personal income tax declaration but in that quarter there is no deduction of personal income tax of the recipient. income, the taxpayer is not required to submit a personal income tax return
+ The owner of the e-commerce floor is responsible for providing fully, accurately and on time according to regulations to tax authorities information of traders, organizations and individuals that have conducted part or the whole process. buy and sell goods and services on e-commerce trading floor.
MONTH 09-2022
Businesses need to pay attention to money laundering prevention and combat
Money laundering is a dangerous act, managed and closely monitored by law enforcement agencies, businesses need to raise awareness and pay attention to money laundering prevention.
MONTH 08-2022
The State Bank requires credit institutions to provide customer account information to tax authorities
On August 12, the State Bank of Vietnam issued Official Letter No. 8/NHNN-TTGSNH to credit institutions and foreign bank branches requesting coordination and information provision to agencies. tax administration in accordance with the Government's regulations.
MONTH 07-2022
MONTH 06-2022
From July 01, 07, all outstanding invoices (not yet converted to e-invoices) have expired
From July 01, 7, all outstanding invoices that have been issued and purchased in accordance with Decree 2022/51/ND-CP and Decree 2010/04/ND-CP will expire.
MONTH 05-2022
Extension of deadlines for payment of VAT, CIT, PIT and land rent in 2022
Recently, the Government has issued Decree No. 34/2022/ND-CP extending the deadline for payment of value added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and money. land lease in 2022. Accordingly, the Decree takes effect from May 28.5.2022, 31.12.2022 to the end of December XNUMX, XNUMX.
See details in the article…
MONTH 04-2022
From April 21, activate e-invoices nationwide
The General Department of Taxation has set a target to achieve at least 50% by May 10, 5, 2022% by May 31, 5, and by the end of June 2022, 90, 30% of enterprises and organizations must be completed. economic, individual - business households switch to using electronic invoices.
MONTH 03-2022
Guidance on compliance with the inspection of foreign investment activities in Vietnam
Circular 02/2022/TT-BKHDT dated February 12, 02, effective from April 22, 01 guiding the supervision and evaluation of investment for foreign investment activities in Vietnam.
MONTH 02-2022
Reducing VAT from 10% to 8% in 2022 (From February 01 – Detailed application instructions)
2% reduction of value added tax rate in 2022, applicable to groups of goods and services currently subject to the value-added tax rate of 10% (remaining 8%), except for some of the following groups of goods and services: telecommunications, information technology, financial activities, banking, securities, insurance, real estate trading, metals, prefabricated metal products, mining products (excluding coal mining), coke, refined petroleum , chemical products, goods and services subject to excise tax.
Look up the list of goods and services that cannot be reduced and instructions on how to write a VAT reduction invoice, please see the detailed article content.
MONTH 01-2022
Resolution 11/NQ-CP on tax payment extension 2022
Extension of the deadline for payment of corporate income tax, personal income tax, value added tax, excise tax and land rent in 2022 according to Resolution 11/NQ-CP dated January 30, 01.
Circular 88/2021/TT-BTC on accounting regime for business households and individuals
The objects of application of the circular are business households and individuals that pay tax according to the method of declaration according to the provisions of tax law.
Decree 102/2021/ND-CP on penalties for administrative violations in the fields of taxation, invoices, accounting and auditing
Decree 102/2021 amending and supplementing a number of articles of Decree No. 125/2020/ND-CP on penalties for administrative violations in the field of taxes and invoices; customs; accounting and auditing…
Foreign workers pay social insurance from January 01, 01
From January 01, 01, foreigners will have to participate in social insurance and health insurance regimes according to Decree 2022/143/ND-CP, Law on Health Insurance Amendment 2018 and Decision 2014/QD-BHXH according to regulations. Specific rates are as follows:
Enterprises pay: 20.5%, foreign workers pay: 9.5%
Circular 100/2021/TT-BTC amending Circular 40/2021/TT-BTC on tax for business households and individuals
Amended from January 01, 01: Individuals with less than 2022 million VND/year in rental income are not required to pay tax.