Phuoc & Partners Vietnam International Law Firm

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Phuoc & Partners Attorneys At Law

Legal Update Newsletter October 2012

In this Newsletter, our Part I is a legal article written by our lawyer Ms. Nguyen Thi Phuong Chung and Ms. Trinh Thu Hao with the title: “Amendment is needed for the internal labour regulations upon validity of the new Labour Code”. In this article, we provided our comments on a number of important issues needed to be amended in the internal labour regulations of enterprises when the new Labour Code comes into effect.

In Part II, we would like to provide you with some remarkable regulations as follows:

  1. Extension of VAT payment aimed at disentangling enterprises from their troubles
  2. New points on electronic customs procedures
  3. Enterprise is eligible to make accounting of a severance allowance into its operation costs
  4. Registration fee with respect to the residential area land

Our Question and Answer section in Part III will provide you with legal information regarding the deductions for family circumstances and tax exemption of the year 2012 for calculating personal income tax.

As usual, at the end of the Newsletter, the selected list of news regulations is available for your further reference.

We hope that this Newsletter is of use to you. Should you have any questions, please feel free to contact us following the below information.

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