High Tax Risk Business Entities

Mrs. Nguyen Thi Ngoc K.'s company (Pleiku City, Gia Lai province) has fulfilled its tax obligations when they have arisen and is not in tax debt. However, recently, the local tax authority has requested her business to make advance payments based on the tax risk threshold for commercial business activities (VAT 0.43%; Corporate Income Tax 0.9%).

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In what cases is a car transport business license required?

Doing business in car transportation involves performing at least one of the main stages of transportation activities (directly operating vehicles, driving, or determining transportation fares) for the purpose of transporting passengers or goods by road for profit.

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Subject to Reduced Value Added Tax (VAT)

Mr. Huynh Van Phong's company operates in the construction sector, specializing in executing projects funded by the state budget.

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Can a branch share tax registration with the main office?

Mr. Nguyen Minh Hoang's company (Hanoi) has its main office in Van Phuc ward, Ha Dong district, with a dependent branch located in Kien Hung ward, Ha Dong district. In April 2023, the branch issued its own invoices and started invoicing from May 2023.

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Proposal to loosen Social Housing Policy Conditions

The voters of Dong Nai province are proposing to relevant authorities to consider expanding the scope of those eligible to purchase social housing in order to meet the housing needs of workers and low-income individuals. They also suggest implementing supportive policies to boost the development of social housing in the near future.

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How are tax invoices reduced regarding the contract involves multiples services?

Mrs. Nguyen Thanh Huyen's business provides comprehensive installation of water treatment systems for buildings, hotels, residential areas, etc., including materials, equipment, and labor. The contract's appendix specifies that some goods and materials are subject to an 8% tax rate, while others are subject to a 10% tax rate.

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How is value-added tax (VAT) deducted in specific cases?

Business Q&A - Resolving issues regarding VAT deduction.

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How do foreigners transfer their capital contributions and pay taxes?

Ms. Halena Van (Ho Chi Minh City) is a foreign national who has been investing and doing business in Vietnam since 2006. In 2018, she transferred her capital contributions to someone else. After the transfer, she declared and paid personal income tax at a rate of 0.1%.

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The draft Law does not specify the ownership period for condominiums.

The Ministry of Construction, on behalf of the Government, presented the draft Law on Housing (amended) for the first-time review and comments to the National Assembly. In this draft Law, there is no provision regarding the ownership period of condominiums, as suggested by the voters.

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Does a long-term project require additional environmental impact assessment?

According to Mr. Truong Quoc Dat's feedback (Binh Thuan), the clean water plant project with a capacity of 10,000 m3/day, funded by ODA and Vietnam's counterpart capital, was approved for the project list by the Prime Minister and subsequently approved by the provincial People's Committee since 2007.

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Do we need to adjust the project when winning the auction of collateral assets?

Mr. Thanh Dat's business (Hanoi) won the auction of collateral assets from the bank, which includes equipment, machinery, accompanying accessories, and other assets attached to the land of an industrial plant investment project.

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Is a professional title certificate required when accepting civil servants?

According to the Ministry of Home Affairs, there is currently no requirement that civil servants must have a professional title certificate when being hired for their positions. However, to be appointed to a professional title, one must possess the corresponding professional title training certificate.

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Instructions for Online Driver's License Conversion

Mrs. Nguyen Thi My L. (Tay Ninh) has just logged into the Public Service Portal to convert her hard copy driver's license (GPLX) to a PET material one, but she couldn't find her GPLX information on the system. Mrs. L. asked what she should do to be able to convert her GPLX or which authority to contact for assistance in this matter?

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Is there a regulation regarding the expiration of advertising billboard permits?

According to Mr. Nguyen Tuong Tinh (Da Nang), the permit for installing advertising billboards is only valid for one year, so it needs to be reapplied for from scratch each year. Mr. Tinh's company installs thousands of advertising billboards each year, so if they have to reapply from scratch, the cost could go up to hundreds of thousands of pounds.

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Is it necessary to appoint a chief accountant for a unit with only one accountant?

Mrs. Ngoc Thanh (Dong Nai) is in charge of accounting at a center, a public sector entity under the authority of the Department (Group 4 according to Government Decree No. 60/2021/NĐ-CP dated June 21, 2021).

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Does a packaging printing facility need an environmental permit?

Mrs. Do Thi Thuy facility (Hanoi) has been operating in the field of packaging printing and large-format canvas printing since 2019, and it has been granted a district-level environmental protection registration certificate.

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Can the condominium management board determine service fee rates for commercial areas?

Ms. Vu Thi Phuong Linh's company (Hanoi) owns commercial space in a mixed-use condominium building. According to Circular No. 02/2016/TT-BXD, service fees in office and commercial areas are subject to mutual agreement between the parties, and in case of disagreement, the price framework set by the People's Committee will apply.

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How to determine the source of waste of in-progress projects?

Ms. Bui Thi Hien's company (Dong Nai) is a foreign contractor working on an environmental treatment project funded by a foreign organization. The project owner is a state agency of Vietnam. Hazardous waste has arisen during the construction process.

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