Legal updates - August & September 2021

Legal updates – August and September 2021.

AASC would like to invite the readers to use the Newsletter No. 06 2021 as reference including the following important highlights:

- Tax Policy

  • + Regulation on collection rates of several animal health fees and charges in order to provide subsidy and relief for people affected by covid-19
    + Guidance on corporate income tax arrears not yet retrospectively collected from societalized entities
    + Official tax replies

- Financial regulation

  • + Providing instructions about several regulations on financial disposition and business valuation during the process of transformation of state enterprises and single-member limited liability companies with 100% of their charter capital wholly held by state enterprises into joint-stock companies
    + Criteria for classification of state-owned enterprises and state-invested enterprises undergoing ownership conversion, restructuring and divestment in 2021 – 2025
    + Classification system of industries subject to requirement for transformation of public service delivery units into joint-stock company

- Regulation on Securities

  • + Introducing roadmap for reorganization of markets for shares, bonds, derivatives and other securities
    + Providing guidelines for some articles of government’s Decree No. 158/2020/ND-CP dated December 31, 2020 on derivatives and derivative market
    + Providing guidance on obligations of organizations and individuals arising from foreign investment in Vietnam's securities market

- Other regulation

  • + Decision on implementation of certain policies to support employees and employers in difficulty due to the covid-19 pandemic
    + Amending and supplementing a number of regulations on on-lending of ODA loans and foreign preferential loans
    + Providing guidelines on forms of reports on disbursement of official development assistance (oda) and concessional loans granted by foreign donors
    + Elaboration of some articles of the law on provision of assistance for small and medium enterprises

Download attached file: Newsletter No. 08+09/ 2021