10/09/2021 0 Comments 0

Penalties for violations against regulations on accounting inspection

Penalties for violations against regulations on accounting inspection   1. A fine ranging from VND 3.000.000 to VND 5.000.000 shall be imposed for one of the following violations: a) Failure to provide sufficient relevant documents to the inspectorate; b) Failure to fully comply with the conclusion given by the inspectorate. 2. A fine ranging from VND 5.000.000 to VND 10.000.000 shall be imposed in one of the following cases: a) Failure to implement the competent authorities’ decision on accounting inspection; b) Failure to provide relevant documents [...]

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07/09/2021 0 Comments 0

Penalties for violations against regulations on accounting books

Penalties for violations against regulations on accounting books   1. A fine ranging from VND 1.000.000 to VND 2.000.000 shall be imposed in the following cases: a) The accounting book does not have the accounting unit’s name; the accounting book’s name and date of creation; lack of signatures of the book’s creator, the chief accountant and the accounting unit’s legal representative; page numbers; seal on joining page on the physical accounting book; b) The accounting book is not written in ink (except electronic [...]

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03/09/2021 0 Comments 0

Remedial measures

Remedial measures   Entities who commit administrative violations regulated by this Decree, in addition to incurring penalties specified in Article 4 of this Decree, may also be required to: 1. Add missing contents of accounting records; 2. Destroy forged or falsified accounting records; 3. Make records for economic/financial transactions that have not had those before; 4. Destroy the excess accounting records. 5. Add missing contents of accounting books; 6. Adjust the accounting book to the actual data in case of no accounting record backing up the existing [...]

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31/08/2021 0 Comments 0

Regulated entities

Regulated entities   1. Individuals and organizations, both domestic and foreign (hereinafter referred to as “entities”) who commit administrative violations regulated by this Decree. 2. Business households and cooperative groups violating the regulations stated in the Decree will incur the same penalties as those imposed on individual offenders. 3. Organizations facing penalties for administrative violations regulated by this Decree include: a) Regulatory agencies who commit violations which are not related to their management duties; b) Organizations and public service providers using state budget; b) Organizations and [...]

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27/08/2021 0 Comments 0

Invoices and/or documents for imported products being sold inland

Invoices and/or documents for imported products being sold inland   1. With regard to goods displayed for sale or stored by importers, it is required to have delivery notes (in case of stores not keeping independent accounting records in the same province), delivery notes or invoices (in case of stores keeping independent accounting records or stores not in the same province with the headquarter), or goods receipt note (if goods are stored in warehouses). 2. With regard to goods sold or stored [...]

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24/08/2021 0 Comments 0

Scope

Scope   This Circular deals with invoices and documents of imported goods being sold on the market, including: goods in transit; goods displayed for sale; goods in warehouses, depots, manufacturing/trading facilities or other locations (hereinafter referred to as imported goods being sold on the market); guidance on actions against violations against regulations on invoices and documents of imported goods being sold on the market; rights and obligations of relevant organizations and individuals.   Article 2. Regulated entities   1. Organizations and individuals that directly import, [...]

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20/08/2021 0 Comments 0

Rates and payment of fees and charges

Rates and payment of fees and charges   1. Rates of fees and charges are specified in the Table of fees and charges enclosed with this Circular. 2. Organizations/individuals shall pay the fees and charges directly by cash to fee/charge-collecting agencies or make the deposit into the account of the fee/charge-collecting agencies (hereinafter referred to as collecting agencies).   Article 3. Management and use of the collected fees and charges   1. Fees for issuance of the License for production/trading of civil cryptography products, the Certificate [...]

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17/08/2021 0 Comments 0

Exchange of warnings about tax offences

Exchange of warnings about tax offences   1. Warnings about tax offences on National Enterprise Registration Information System include: a) Enterprise managers who are suspected of criminal offenses and under investigation as prescribed by regulations of law on criminal proceedings and regulations of law on taxation. b) Any enterprise whose manager, member of the Board of members, member of the Board of Directors, or general partner was previously the owner of another private enterprise, or the Chairperson of the Board of members or [...]

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13/08/2021 0 Comments 0

Scope and regulated entities

Scope and regulated entities   1. Scope a) This Circular provide guidance on automatic issuance of enterprise ID number on Tax Registration System of General Department of Taxation and exchange of tax registration information with National Enterprise Registration Information System according to applicable Law on Enterprises and the Law on Tax administration. b) This Circular provides guidance on appointment of supervisory tax authorities of enterprises, branches, and affiliates of enterprises established under the Law on Enterprises, including new enterprises, restructured enterprises (from a [...]

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10/08/2021 0 Comments 0

Registration of changes of information about T-VAN services

Registration of changes of information about T-VAN services   1. In case information on the T-VAN service registration form is changed, the taxpayer shall complete form 02/DK-T-VAN enclosed herewith and send it to the web portal of General Department of Taxation via the T-VAN service provider. The web portal of General Department of Taxation shall send a notification (form 03/TB-TDT enclosed herewith) of whether or not the changes are granted via the T-VAN service provider. Information about changes of the bank account serving [...]

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