Legal, Labor and Tax Updates November 2019

THIS UPDATE INCLUDES THE FOLLOWING CONTENTS

NEW LEGAL INSTRUMENTS

14 November 2019 | Decree No. 86/2019/NĐ-BTC Regulating the legal capital levels applicable to credit institutions and branches of foreign bank

15 November 2019 | Decree No. 90/2019/NĐ-CP Stipulating region-based minimum wages applied to employees working under labor contracts

14 November 2019| Circular No. 25/2019/TT-BCT Amending and supplementing several articles of Circular No. 22/2016/TT-BCT on implementation of rules of origins in the ASEAN Trade in Goods Agreement

OFFIFICAL INSTRUCTIONS

12 November 2019 | Official Letter No. 4641 / TCT-DNNCN on PIT for overtime pay

12 November 2019 | Official Letter No. 4660 / TCT-DNNCN on answering the recommendations of Minh Dang Quang Limited Law Company

13 November 2019 | Official Letter No. 4670 / TCT-KK on the declaration of value-added tax (VAT) at the branch