Grant Thornton Vietnam-Update on the latest regulations and important tax policies - January 2020 - TBA Việt Nam
TBA is abbreviation from the Thai Business (Vietnam) Association. It is a non-governmental and non-profit Organization and is established under the License No. 02/GP-HHDN issued on Feb.26, 1999 by HCMC People’s Committee. As of today, TBA has more than 100 Members. TBA is one of over 22 Foreign Business Groups & Associations in Vietnam and TBA is the first Business Association among ASEAN Business Groups & Associations.
The Thai Business Vietnam Association
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Grant Thornton Vietnam-Update on the latest regulations and important tax policies – January 2020

Dear TBA Members,

In this newsletter, Grant Thornton Vietnam would like to update recent important regulations and important tax policies including:

  1. Regional minimum wages in 2020 increased since 01 January 2020
  2. Official Letter No. 4178/TCT-CS introducing certain contents of Circular No. 68/2019/TT-BTC
  3. Official Letter No. 4707/TCT-CS on compulsory use of new electronic invoices when directly requested by tax authorities
  4. Official Letter No. 4641/TCT-DNNCN on Personal Income Tax for overtime salary in excess of the prescribed cap level
  5. Official Letter No. 4593/TCT-KK on the declaration of exported goods which is returned after being refunded by tax offices
  6. Official Letter No. 3341/BCA-V03 on the validity of Temporary Residence Card of foreign workers in case of a corporate merger

Download document here: tax-newsletters-202001-eng

We hope you will find the updates helpful

Best Regards

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