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.jpg "Ms. Thuy Anh, A-PAC executive director, delivers speech at the seminar on practical issues occurred during civil proceedings")
Ms. Thuy Anh, A-PAC executive director, delivers speech at the seminar on practical issues occurred during civil proceedings
A-PAC's Members
Picture taken after the discussion on cooperation between members of Aichi Law Association (Japan) with A-PAC
Le Phan Thuy Anh, executive director, in discussion with Tran Hong Lan (standing), member, in charge of financial&banking sector
Celebration in Sofitel Metropole Hotel (Hanoi) on the occasion of publication of legal article by Noguchi Shingo at Japanese Business Association
Japanese Partner
The Law on Import, Export Tax No. 107/2016/QH13 being issued on 06 April 2016 has taken effect from 01 September 2016 ("LIET 2016"). The remarkable points of the LIET 2016 includes:
- The ordinary tax rate is equal to 150% of incentive tax rate of each corresponding goods, instead of 70% as stipulated in the old Law.
- Adding the case where import, export tax will be exempted, such as: Plant varieties; animal breeds, fertilizers, pesticides that cannot be domestically produced as prescribed by competent authority; machinery, equipment, raw materials, supplies, components, parts, spare parts serving money printing and mincing, etc.
- Import tax applicable to raw material, supplies that cannot be domestically produced imported by and serving the manufacture of information technology enterprises will be exempted in 5 years from the date of operation commencement.
- Import, Export Tax will be paid before customs clearance or release as prescribed by the Law on Customs, instead of the limit of 30 days from the date of customs declaration with regard to import; before the receipt or within 275 days from the date of customs declaration with regard to the export that stipulated in the old law.
The LIET 2016 replaces the LIET 2005 and takes effect from 01 September 2016.