Legal Newsletter May 2022

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Legal Newsletter May 2022

    A. NEW TEXT

    1.  Decree 32/2022/ND-CP of the Government on extending the deadline for paying excise tax for domestically manufactured or assembled automobiles.

    2. Decree 38/2022/ND-cp on regional minimum wages in 2022 for employees working under labor contracts and trained employees. Accordingly, the minimum wage will be set by month and hourly with an average increase of 6%.

    3. Decree 41/2022/ND-CP amending and supplementing a number of articles of the Government's Decree No. 123/2020/ND-CP dated October 19, 2020 on invoices and documents, and Decree No. 15/2022/ND-CP dated January 28, 2022 of the Government stipulating tax exemption and reduction policies according to the National Assembly's Resolution No. 43/2022/QH15 on fiscal, monetary and social recovery policies and program development.

    4. Decision 1607/QD-BQP of the Ministry of National Defense on promulgating the Internal Audit Regulations of the Ministry of Defense.

    5. Circular 21/2021/TT-BNNPTNT stipulating the classification of wood processing and exporting enterprises promulgated by the Minister of Agriculture and Rural Development.

    B. WRITTEN INSTRUCTIONS

    1. Official Letter 1399/LDTBXH-VL – On the receipt and settlement of unemployment benefits on the national public service portal.

    2. Official Letter No. 1606/TCHQ – TXNK Tax treatment for taxable goods that are reprocessed but have no processing facility.

    C. MORE NEED TO KNOW

    1. Circular 24/2022/TT-BTC Amending and Supplementing Circular No. 48/2019/TT-BTC guiding the setting up and handling of provisions at enterprises.

    2. Decision 633/QD-TTg of the Prime Minister approving the Strategy of Accounting - Auditing to 2030.

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