Dear Valued Customers and Partners,
Global Vietnam Lawyers would like to introduce you the Legal Newsletter Issue No. 05 of May 2025.
- This newsletter will catch you up on regulations on Peer-To-Peer Lending mechanism and regulations on criteria for determining if an enterprise is a large-scale one that must have their annual financial statements audited.
- In the article “Decree 174/2024/ND-CP: Stricter Regulations and the Need for Insurance Companies to Adapt”, Lawyer Dinh Quang Thuan, Member Lawyer of GV Lawyers, will analyze the notable contents of Decree 174/2024/ND-CP related to insurance business activities, whereby the author recommends that insurance companies need to quickly adapt to these changes to avoid risks as well as take advantage of sustainable development opportunities in the future.
- In the section “Legal Guidance“, we will keep you updated about the questions on tax such as: (i) Deduction of personal income tax from the advance of a severance allowance applicable to foreign employees; (ii Offsetting overpaid personal income tax; (iii) Tax policy on business trip expenses; and (iv) Declaring value added tax for construction activities outside the province.
- The fact that the Ministry of Home Affairs has expected some areas applying regional minimum wage after merger, and Ho Chi Minh City proposes allowing investors to pay money instead of allocating land for social housing construction is the notable centerpiece in the section “Good readings for you”.
- The last part of the Legal Newsletter is, as usual, the list of selected latest legal documents.
We hope you will find this newsletter useful. To read the full Legal Newsletter, please click DOWNLOAD.
