DIRECTIONS TO CONTINUE TO BE THE POWER OF VIETNAMESE EXPORT GROWTH IN 2022

DIRECTIONS TO CONTINUE TO BE THE POWER OF VIETNAMESE EXPORT GROWTH IN 2022

Despite being affected by Covid-19 services, Vietnam’s export turnover of goods in 2021 still reached 335.23 billion USD, up 18.6% compared to 2020. This result showed that the government and ministries, branches and business community overcome the formula of Covid-19 services, taking advantage of opportunities from free trade agreements (FTAs). Therefore, FTAs continue to be the driving force for export growth in 2022.

The implementation of FTA commitments with European countries and other regions in the world will help develop Vietnam’s import-export market to become more diversified, more balanced and more efficient.

Moreover, The Regional Comprehensive Economic Partnership (RCEP) implemented from January 1, 2022 is an in the kernelfix, contributing to economic recovery, and Vietnamese businesses can recover and grow after the Covid-19 pandemic. Accordingly, Vietnamese enterprises have more opportunities to boost exports in 2022.

https://thoibaotaichinhvietnam.vn/cac-hiep-dinh-thuong-mai-tiep-tuc-la-dong-luc-cho-tang-truong-xuat-khau-nam-2022-98806.html

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[DDC] Dong Du International Accounting, Taxes & Legal Consulting Group HCMC Vietnam, A member of OneSMP Singapore, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to now in the Vietnam market. Currently, we have also built a team of foreign experts from Japan, Singapore, Thailand, Cambodia … to help customers inside and outside Vietnam to expand appropriate business opportunities as well as possible.

[SETTING UP COMPANY, ACCOUNTING, TAX, LAW COMPLIANCE, HR…IN HO CHI MINH, VIET NAM FOR FOREIGN INVESTORS]

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.
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In case you have any question, please contact us at tonitran01092020@gmail.com or Tel( zalo/Viber/Line/Wechat/Whatapps) 090 925 7602 for your references.
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ADJUSTMENT VAT REDUCTION IN THE FISCAL YEAR OF 2022

ADJUSTMENT VAT REDUCTION IN THE FISCAL YEAR OF 2022

On January 11, 2022, with 424/426 delegates voting in favor, the National Assembly passed a Resolution on fiscal and monetary policies to support the Socio-economic Recovery and Development Program. Accordingly, the Resolution resolves policies to support the program of socio-economic recovery and development.

Specifically, to reduce the value-added tax rate by 2% in 2022, applicable to groups of goods and services currently applying the 10% value-added tax rate, excluding some groups of goods and services. telecommunications services, information technology, financial activities, banking, securities, insurance, real estate business,…

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[DDC] Dong Du International Accounting, Taxes & Legal Consulting Group HCMC Vietnam, A member of OneSMP Singapore, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to now in the Vietnam market. Currently, we have also built a team of foreign experts from Japan, Singapore, Thailand, Cambodia … to help customers inside and outside Vietnam to expand appropriate business opportunities as well as possible.

[SETTING UP COMPANY, ACCOUNTING, TAX, LAW COMPLIANCE, HR…IN HO CHI MINH, VIET NAM FOR FOREIGN INVESTORS]

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.
Facebook/LinkedIn: Dong Du International Accounting & Legal Consulting
In case you have any question, please contact us at tonitran01092020@gmail.com or Tel( zalo/Viber/Line/Wechat/Whatapps) 090 925 7602 for your references.
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FROM JANUARY 1, 2022, A FINE OF UP TO VND 100 MILLION FOR OVERSTATING THE CHARTER CAPITAL

FROM JANUARY 1, 2022, A FINE OF UP TO VND 100 MILLION FOR OVERSTATING THE CHARTER CAPITAL

According to Decree 122/2021/ND-CP on administrative sanctions in the field of investment planning, acts of false declaration of charter capital can be fined up to 100 million VND (effective from January 1, 2022).

Remedial measures for violations on declaration of charter capital: Forced registration to adjust charter capital equal to the actual contributed capital amount for violations of the aforesaid regulations.

Previously, in Clause 3, Article 28 of Decree No. 50/2016/ND-CP, a fine ranging from VND 10,000,000 to VND 20,000,000 was imposed for failing to register changes with the business registration agency when failing to contribute in full. Charter capital as registered.

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[DDC] Dong Du International Accounting, Taxes & Legal Consulting Group HCMC Vietnam, A member of OneSMP Singapore, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to now in the Vietnam market. Currently, we have also built a team of foreign experts from Japan, Singapore, Thailand, Cambodia … to help customers inside and outside Vietnam to expand appropriate business opportunities as well as possible.

[SETTING UP COMPANY, ACCOUNTING, TAX, LAW COMPLIANCE, HR…IN HO CHI MINH, VIET NAM FOR FOREIGN INVESTORS]

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.
Facebook/LinkedIn: Dong Du International Accounting & Legal Consulting
In case you have any question, please contact us at tonitran01092020@gmail.com or Tel( zalo/Viber/Line/Wechat/Whatapps) 090 925 7602 for your references.
#setting up company in Vietnam#accounting #tax #legal consulting
#coaching#humanresources

MERRY CHRISTMAS AND HAPPY NEW YEAR

MERRY CHRISTMAS AND HAPPY NEW YEAR

It seems that Christmas time is here once again, and it is time again to bring in the New Year. Dong Du International Accounting, Tax & Legal Consulting Group HCMC Vietnam, A member of OneSMP Singapore, Southeast Asia Business Consulting Network wish the merriest of Christmas to you and your loved ones, and we wish you happiness and prosperity in the year ahead.

❤ 💛 💚 💙 💜

Vietnam remains an attractive destination for US investors

Vietnam remains an attractive destination for US investors

Many factors making Vietnam in general and Ho Chi Minh City in particular an attractive destination for US investors include the country’s strategic geographical location, young and technologically-savvy workforce, investment incentives and bilateral and multilateral trade deals. Alex Tatsis, Economic Section Chief at the US Consulate General in Ho Chi Minh City talked to Vietnam Economic News’ Ngoc Thuy.

Vietnam broadly and HCMC specifically remain an attractive destination for US investors due to its strategic location; young and tech-savvy workforce; positive approach to FDI; and broad network of free trade agreements.

US firms have played a significant role in HCMC’s economic development over the years. They have invested billions of dollars here, integrating HCMC into global supply chains, and creating high quality jobs.

As exciting view, People can see continued interest in US companies in coming to HCMC or expanding their footprint here, including in hi-tech manufacturing.

People also see great interest from US firms in areas like clean energy, healthcare, and smart cities technologies.

The US government is a committed partner in this effort. We are investing in HCMC’s education sector. These investments will help HCMC develop a globally competitive workforce to meet the needs of foreign investors. They will also help HCMC transition to a hi-tech, knowledge based economy.

http://ven.vn/vietnam-remains-an-attractive-destination-for-us-investors-45107.html

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Dong Du International Accounting & Legal Consulting Group Vietnam, A member of OneSMP Singapore, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to now in the Vietnam market. Currently, we have also built a team of foreign experts from Japan, Singapore, Thailand, Cambodia … to help customers inside and outside Vietnam to expand appropriate business opportunities as well as possible.

[SETTING UP COMPANY, ACCOUNTING, TAX, LAW COMPLIANCE, HR…IN HO CHI MINH, VIET NAM FOR FOREIGN INVESTORS]

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.
Facebook/LinkedIn: Dong Du International Accounting & Legal Consulting

In case you have any question, please contact us at tonitran01092020@gmail.com or Tel/ zalo/Whatapps: 090 925 7602 for your references.

#setting up company in Vietnam#accounting #tax #legal consulting
#coaching#humanresources

New regulations on invoices from 1/11/2021

New regulations on invoices from 1/11/2021

How to write an invoice when receiving VAT reduction from November 1, 2021

From November 1, 2021 to the end of December 31, 2021, many goods and services will be reduced VAT in the spirit of Resolution 406/NQ-UBTVQH15.

In case of VAT calculation by credit method:

When making a value-added invoice for the provision of goods and services subject to value-added tax reduction, at the value-added tax rate line, the enterprises can write “the prescribed tax rate (5% or 10%) x 70%”; value added tax and the total amount to be paid by the buyer;

In case of VAT calculation according to the percentage method on revenue:

When making a sales invoice for the provision of goods and services subject to value-added tax reduction, in the column “Total money” write all the money for goods and services before the reduction, in the line “Add goods, services” is recorded by the number that has reduced 30% of the percentage of revenue, and at the same time notes: “reduced… (amount) equivalent to 30% of the rate to calculate value-added tax according to Resolution No. 406/NQ-UBTVQH15”.

This is a very important note for accountants in invoicing from November 1, 2021.

A separate invoice must be made for each tax-reduced goods and service

Clause 5, Article 4 of Decree No. 92/2021/ND-CP clearly states that in case an enterprise or organization has issued an invoice and declared at the tax rate or percentage level to calculate the VAT that has not yet been reduced,

Correction of errors when making invoices according to the unreduced tax rate

Clause 6, Article 3 of Decree 92, these businesses and organizations need to stamp according to the price that has been reduced by 30% of the VAT rate or the price that has been reduced by 30% of the percentage rate, in addition to the pre-printed price criteria to continue for use.

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Dong Du International Accounting & Legal Consulting Group Vietnam, A member of OneSMP Singapore, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to now in the Vietnam market. Currently, we have also built a team of foreign experts from Japan, Singapore, Thailand, Cambodia … to help customers inside and outside Vietnam to expand appropriate business opportunities as well as possible.

[SETTING UP COMPANY, ACCOUNTING, TAX, LAW COMPLIANCE, HR…IN HO CHI MINH, VIET NAM FOR FOREIGN INVESTORS]

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.
Facebook/LinkedIn: Dong Du International Accounting & Legal Consulting

In case you have any question, please contact us at tonitran01092020@gmail.com or Tel/ zalo/Whatapps: 090 925 7602 for your references.

#setting up company in Vietnam#accounting #tax #legal consulting
#coaching#humanresources