VTAC – August Monthly Newsletter

Viet Tin Auditing Company Limited (VTAC) respectfully sends you Legal Document Newsletter No. 08 of 2023, the Newsletter includes the following important updates:

– Stop implementing provisions on lending activities of credit institutions and foreign bank branches to customers

– Reduce interest rates for loans at credit institutions and state bank branches (CIs)

– Deduct VAT on invoices with incorrect tax rates and confirm the fulfillment of tax obligations

– Handling errors in seller address information on electronic invoices

– Instructions on VAT reduction according to Decree 44/2023/ND-CP

– Foreign contractor tax on sample testing services for goods before import to Vietnam

– Invoices and tax declarations when selling and liquidating assets domestically for export processing enterprises