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Legal updates

Official letter No 2646/CT-TTHT dated Sep 10th 2021 of Long An Tax Department regarding to PIT Tax policy to supporting amount to employee based on resolution 68/NQ-CP dated July 1st 2021 of Government

In cased the Company is applied the payment rate equal to 0% of the salary fund for paying social insurance pay to the occupational accident and occupational disease fund for 12 months (from July 1, 2021 to June 30, 2022) and the Company supports the entire amount obtained from this reduction to payment for employees as prescribed in Clause 1, Section II of Resolution No. 68/NQ-CP dated July 1, 2021 of the Government on policies to support employees and employers in difficulty due to the Covid-19 pandemic

Hence, this supporting amount to employee from Social insurance fund if have document as regulation will NOT calculating into PIT taxable income of employee

Please kindly check attachment file for further detail

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Official Letter No. 5874/TCT-DNNCN dated December 12, 2024, issued by the General Department of Taxation, providing guidance on personal income tax (PIT) policies for foreign individuals visiting Vietnam for the first time

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Official Letter No. 5725/TCT-QLN dated December 6, 2024, of the General Department of Taxation regarding the Management of Debts of Branches, Representative Offices, and Business Locations

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Official Letter No. 28950/SLĐTBXH-VL-ATLĐ dated November 18, 2024, issued by the Department of Labor, Invalids and Social Affairs of Ho Chi Minh City provides guidance on reporting the employment of foreign workers for the year 2024, to be submitted before January 5, 2025.

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Monthly newsletter in November 2024

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Official Letter No. 8217/BHXH-TST, dated November 4, 2024, issued by the Ho Chi Minh City Social Insurance Agency, provides instructions on submitting documents, transferring payments for SI, HI, and extending the validity of HI cards for 2025.

Accordingly, to ensure the rights of participants in social insurance (SI) and health insurance (HI) and to maintain the validity of HI cards from January 1, 2025, the Ho Chi Minh City Social Insurance Agency requests that employers fully transfer payments for SI, HI, unemployment insurance (UI), and occupational accident and disease insurance (OADI) by December 25, 2024.

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