According to this Official letter, the Company has total revenue less than VND 200 billion in 2020 (including revenue from financial activities and other revenues) is eligible for reduction of CIT payable in 2020 according to Resolution No.116/2020/QH14.
According to this Official letter, in case investment project X is granted the first investment registration certificated by the Management Board of Hanoi Industrial and Export Processing Zones on November 12, 2019 with the project implementation period is 5 years from the granting dated of the certificate, the investment project is located in the industrial park, and not located in a socio-economic locality with favorable conditions
This Official Letter guidelines on the accounting for “goodwill” in case the Company acquires a business segment of another enterprise.
According to guidance from Ha Noi City Tax Department, the expatriate who is assigned from the parents company (Japan) to the Company (subsidiary in Vietnam) to work as labor of the Company, the Company bears PIT obligation arising from worldwide income of the foreigner which will be considered as deductible expense when determine CIT taxable income if following conditions are satisfied:
Due to the effects of the Covid-19 epidemic, the number of sales orders of the Company has been reduced significantly, the Company was forced to suspense a production line of an product within 03 months from June 1st 2020
Official letter No. 66297/CT-TTHT dated July 16th 2020 issued by Hanoi Tax Department about The CIT policy on expenses for prevention of Covid-19 pandemic.
The PIT policy for dependent registration and PIT finalized authorization illegally.
Foreign Contractor Tax policy on importing of machinery, software and providing service.
Updating legal documents on accounting, tax, labor, and other related fields for customers.
On July 24th, 2020 in Hanoi City, the Ministry of Finance held a conference to summarize the accounting service business activities in 2019 and operational orientation for 2020.
In Hanoi City on July 24, 2020, the Vietnam Association of Chartered Accountants (VICA) held the 3rd congress, term 2020 – 2025, with the topic “convergence – professionalism – development.” At the congress, Vina Bookkeeping Co., Ltd and Mr. Vo Tan Huu – General Director of the company were honored to receive the Certificate from the Vietnam Association of Accountants and Auditors for their outstanding achievements in the development of the association in 2019
Vina Bookkeeping can supply accounting services.
