NEWLY UPDATED LEGAL DOCUMENT Period 03 of 02/2016

NEWLETTER

(No 03 February, 2016, Updated to 30/02/2016)

Taxation

1. Circular No. 02/2016/TT-BTC dated 11/03/2016 regulating on operating principle of import tariff quota for salted products, poultry eggs in 2016

2. Circular No. 48/2016/TT-BTC dated 17/03/2016 on amending the tax rate of  import tax incentive for some petrol and oil products pertaining to group 27.10 in preferential tariff .

3. Circular No. 51/2016/TT-BTC dated 18/03/2016 on amending, supplementing the list of commodity groups and the tax rate of incentive import tax particularly for commodities as iron or steel for producing tires-hoop  pertaining to Chapter 98 of  incentive import tax tariff issued with Circular No. 182/2 015/TT-BTC dated 16/11/2015

Finance – Credit

4. Circular No. 37/2016/TT-BTC dated 29/02/2016 regulating interest rate for loan of SMEs development funds.

Accounting – auditing

5. Circular No. 53/2016/TT-BTC dated 21/3/2016 on amending and supplementing some articles of Circular No. 200/2014/TT-BTC guiding the accounting system of enterprises.

Insurance

6. Circular No. 52/2016/TT-BTC dated 21/3/2016 guiding the implementation of  general link insurance

Culture – Sports – Tourism

7. Decree No. 15/2016/ND-CP dated 15/03/2016 amending and supplementing some articles of Decree No. 79/2012/ND-CP providing on art performances, fashion show; beauty contests and modeling, circulation, business of records and video recordings of dance music, theater

VINH PHAM, Lawyer-CPA-Tax Agent-Chartered Tax Adviser