Text & Form

A. NEW TEXT. 1. Decree No. 38/2022/ND-CP stipulating the minimum wage for employees working under labor contracts. 2. Compulsory use of electronic invoices. 3. Decree No. 49/2022/ND-CP amending and supplementing a number of articles of the Law on Value-Added Tax and Decrees guiding its implementation. 4. Decision 568/QD-TCT on the process of managing electronic stamps for alcohol and electronic cigarettes for domestic consumption, issued by the Director of the General Department of Taxation. B. WRITTEN INSTRUCTIONS. 1. Official Letter 2455/TCT-DNNCN on the implementation of electronic invoices, receipts and documents withholding personal income tax (“PIT”). 2. Official Letter No. 2594/TCT-CS of the General Department of Taxation on CIT reduction under Decree 92/2021/ND-CP. 3. Official Letter 32670/CTHN-TTHT issued by the General Department of Taxation, Hanoi City, on tax policies for capital contribution and receipt. 4. Official Letter  32315/CTHN-TTHT issued by the General Department of Taxation, Hanoi City Department of Taxation on regulations on invoicing. C. MORE NEED TO KNOW. 1. Resolution 20/2022/UBTVQH15 on environmental protection tax rates for gasoline, oil and grease promulgated by the National Assembly Standing Committee.

A. NEW TEXT 1. Decree No. 34/2022/ND-CP dated May 28, 22 of the government on extending the deadline for payment of VAT, CIT, PIT and land rent in 2022. 2. Decree No. 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 socio-economic development, monetary recovery and support programs. B. GUIDELINES 1. Official Letter 25024/CTHN-TTHT of the Tax Department of Hanoi City on the making of invoices. 2. Official Letter 25532/CTHN-TTHT of Hanoi Tax Department on value-added tax policy under Decree 15/2022/ND-CP and reduced land rent. 3. Official Letter 2194/TCT-KK of the General Department of Taxation on Organization of the implementation of Decree No. 34/2022/ND-CP 4. Dispatch 7563/CTTPHCM-TTHT issued by the Tax Department of Ho Chi Minh City on electronic PIT withholding documents C. MORE THINGS TO KNOW 1. Signs of violations in invoice management. 2. Methods of declaration and calculation of value-added tax on gold, silver and gems. 3. Still paying at least 7% higher than the minimum wage for trained workers.

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.  

A.  NEW TEXT 1.   Resolution No. 18/2022/UBTVQH15 dated March 23, 2022 of the National Assembly Standing Committee promulgating environmental protection tax rates for gasoline, oil and grease. 2.   Resolution No. 17/2022/UBTVQH15 dated March 23, 2022 of the National Assembly Standing Committee promulgating the number of overtime hours worked in 01 year, in 01 month of employees in the context of COVID-19 epidemic prevention and control and socio-economic recovery and development. 3.   Circular No. 29/2021/TT-BLDTBXH dated December 28, 2021 of the Ministry of Labor, War Invalids and Social Affairs promulgating regulations on labor classification standards according to working conditions. 4.   Circular No. 24/2022/TT-BTC dated April 7, 2022 of the Ministry of Finance promulgating amendments and supplements to a number of articles of Circular 48/2019/TT-BTC dated August 8, 2019 of the Minister of Finance guiding the setting up and handling of provisions for devaluation of inventories, loss of investments, bad debts and warranty on products, construction works, goods, and services. B.  INSTRUCTION Document 1.   Dispatch No. 2220/BHXH-QLT dated March 28, 2022 of the Prime Minister  on the implementation of the policy of housing rent support for employees according to  Decision 08/2022/QD-TTg. 2.   Dispatch No.  1400/TCHQ-TXNK dated April 21, 2022 by the General Department of Customs on tax treatment of goods rented or borrowed from export processing enterprises. 3.   Notice No. 1511/TB-BHXH dated March 30, 2022 of the Ho Chi Minh City Social Insurance (BHXH) promulgating the adjustment of the process and receipt of documents according to the one-stop-shop mechanism. C.  MORE NEED TO KNOW 1.   Proposal to extend payment of CIT, VAT and PIT in 2022. 2.   Decree No. 23/2022/ND-CP  dated April 5, 2022 of the Government promulgating the establishment, rearrangement, ownership conversion and transfer of the right to represent the owner in enterprises in which 100% charter capital is held by the State. 3.   Decision No. 508/QD-TTg dated April 23, 2022 by the Prime Minister on approving the Strategy for Tax System Reform to 2030.

A.   NEW TEXT 1.    Decree 104/2021/ND-CP on extending the deadline for paying excise tax on domestically manufactured or assembled automobiles. 2.    Decree 108/2021/ND-CP of the Government promulgating adjustment of pension, social insurance allowance and monthly allowance. 3.    Circular 18/2021/TT-BLDTBXH stipulating working time and rest time for employees doing seasonal production jobs and processing jobs according to orders. B. DISCLAIMER INSTRUCTIONS 1.    Official Letter 48921/CTHN-TTHT 2021 on personal income tax policy for the payment of expenses for making temporary residence cards and visas for employees issued by Hanoi Tax Department. 2.    Official Letter 54821/CTHN-TTHT 2021 guiding the time of invoice issuance issued by Hanoi Tax Department. 3.    Official Letter 48923/CTHN-TTHT issued by Hanoi Tax Department on tax policy according to Decree 92/2021/ND-CP. 4.    Official Letter No. 4291/BHXH-QLT on submission of documents, deductions for payment of social insurance and health insurance, granting the use value of health insurance cards in 2022. C.   MORE NEED TO KNOW 1.    Regulations on salary for controllers of 100% State owned one-member limited liability companies. 2.    Amend the import and export tax schedule, promptly remove difficulties for enterprises. 3.    Notice No. 16172/TB-CTTPHCM on the conversion and application of e-invoices according to Decree No. 123/2020/ND-CP, Circular No. 78/2021/TT-BTC. 4.    Notice 4447/TB-BHXH in 2021 on social insurance premium rates for foreigners and voluntary social insurance from January 1, 2022 issued by Ho Chi Minh City Social Insurance. 5.    Circular 21/2021/TT-BCT of the Ministry of Industry and Trade promulgating regulations at border gates for importing passenger cars with under 16 seats.