Legal updates – January 2021

AASC would like to invite the readers to use the Newsletter No. 01 2021 as reference including the following important highlights:
 
- Tax Policy
+ Guidance on tax registration
+ Regulations on rates of certain charges and fees to assist and resolve difficulties for business and ensuring social security in response to Covid-19 pandemic
+ Regulations on agricultural land use tax exemption and reduction
+ Private tax rulings
+ Expired documents: customs, import, export duties, fees, charges, financial regimes and customs procedures, public property and debt management
 
- Regulations on securities
+ Securities Law 2019 and documents detailing the implementation of the Securities Law on private placement and trading of bonds, penalties for administrative violations in the field of securities and the stock market, derivative securities, financial safety indicators, information disclosure, etc.
 
- Regualtion on Finance – Labor
+ Amends number of provisions on conversion of state-owned enterprises, and wholly state-owned single-member limited liability companies into joint-stock companies and state capital investment in enterprises, use and management of capital and assets in enterprises
+ Regulations on transformation of public administrative units into joint stock company
+ Regulations concerning retirement age
+ Regulations on working conditions and labor relation
+ Regulations on foreign workers working in Vietnam and recruitment and management of Vietnamese workers working for foreign employers in Vietnam
 
- Documents take effect from January 2021
 
 Download attached file: Newsletter No. 01 2021