Our Vietnam Authorized Replace #205 would lead you on 03 authorized points:
I. Incentives on CIT for initiatives manufacturing supporting industrial merchandise
The Tax Division of Bac Ninh Province issued Official Letter No. 1270/CTBNI-TTHT dated 20 April 2022 to information incentives for the company revenue tax (the “CIT”) for manufacturing initiatives supporting industrial merchandise. The content material of the steering is as follows:
- If an enterprise earns revenue from manufacturing supporting industrial merchandise underneath a brand new funding venture and the revenue from this venture is having fun with CIT incentives underneath the situations of funding incentives applied within the industrial park, then such revenue is entitled to CIT incentives underneath the situations of the venture manufacturing supporting industrial merchandise for the remaining time from the tax interval (counting from the time a Certificates of incentives is granted by a reliable authority).
- In the course of the interval of being entitled to CIT incentives, if an enterprise carries out many manufacturing actions, the enterprise should calculate individually for every sort of revenue that’s entitled or not entitled to the respective sorts of CIT incentives.
II. Approving for each funding pointers and traders to implement the business housing development funding venture
The Ministry of Planning and Funding issued Official Letter No. 2875/BKHDT-PC dated 04 Could 2022 relating to approving the funding coverage and on the identical time approving the traders to implement the business housing development funding venture. This Workplace Letter has the next foremost contents:
- In response to the legislation, the approval for each funding pointers and traders with out holding a land use proper public sale or bidding to pick out traders within the following circumstances: (1) the investor has the proper to make use of the land; and (2) the investor receives the agricultural land use rights to implement the venture of funding on non-agricultural manufacturing or enterprise.
- In response to the provisions of legislation, the types of land use to implement funding initiatives to construct business housing embrace (1) the investor has the proper to make use of residential land; or residential land and one other land aside from residential land that satisfies the situations for allowing the change of land use objective for the implementation of funding initiatives; (2) obtain the residential land use rights by the legislation on land for business housing development.
- Due to this fact, the approval for each funding pointers and traders to hold out the business housing development venture in case the investor receives the “residential land and one other land aside from residential land” or “one other land aside from residential land” shouldn’t be following the legislation.
III. Abstract of articles printed in Could 2022
Under are the articles that have been printed on BLawyers Vietnam’s web site this month. Please click on on the hyperlinks under to see extra.
- 24 Regularly Requested Questions on enterprise licenses for items buying and selling actions of overseas direct funding enterprises: BLawyers Vietnam want to summarize the regularly requested questions on the enterprise license for items buying and selling actions and different actions associated to items buying and selling of foreign-invested enterprises.
- Is “husband’s property, spouse’s contribution” being thought of when resolving widespread property disputes in divorce in Vietnam? BLawyers Vietnam want to current to you ways such an previous saying might have an effect on the choice of the Court docket when dividing the widespread property within the divorces.
- 03 notes for importing used equipment, gear, and technological traces from abroad into Vietnam: Importing equipment assist enterprises save preliminary funding prices of their manufacturing. Nevertheless, Vietnamese legal guidelines stipulated the import situations for the sort of product and a strict high quality examination course of earlier than customs clearance. BLawyers Vietnam want to current the required notes on this difficulty to your reference.
- 03 notes about sanctioning administrative violations when operating rooftop solar energy initiatives in Vietnam: Buyers should strictly adjust to the provisions of the legislation when working RSP initiatives. By this text, BLawyers Vietnam want to spotlight a number of widespread administrative violations relating to RSP initiatives for traders to notice.
- The settlement on the matrimonial property regime in Vietnam – How mandatory is it from a authorized perspective? To restrict the dangers of a property dispute between spouses upon divorce, the events might take into account establishing an settlement on the matrimonial property regime (additionally known as a Prenuptial Settlement).