Legal updates - July 2021

Legal updates – July 2021
AASC would like to invite the readers to use the Newsletter No. 06 2021 as reference including the following important highlights:
- Tax policy
+ Corporate Income Tax incentives for projects producing supporting industry products.
+ Guidance on VAT, Personal Income Tax and tax management for business households and individuals.
+ Guidance on VAT rates for medical instruments and equipment
+ Guidance on application of Advance Pricing Agreement to enterprises with related-party transactions
+ Regulations on rates of certain charges and fees to assist and resolve difficulties for entities impacted by the Covid-19 epidemic
- Other regulations
+ Providing instructions on the initial sale of shares, management and use of proceeds from equitization involving 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.
+ Providing instructions about several regulations on investment of state capital and management, use of capital, assets at enterprises
+ Annul the Circular No. 179/2012/TT-BTC dated October 24, 2012 on recording, assessment, and settlement of the exchange differences in enterprises
+ Regulations on price brackets, principles and methods to determine domestic clean water prices.
Download attached file: Newsletter No 7. 2021