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Because of the complicated development of COVID-19 in 2020 and 2021, the operation of businesses and people faces many challenges. To support businesses and people to overcome difficulties and promote production and business development, The National Assembly of the Socialist Republic of Vietnam approved the Resolution on fiscal and monetary policies to support the program of socio-economic recovery and development on January 11, 2022.
Whereby, the Value-Added Tax (VAT) rate for groups of goods and services currently subject to 10% VAT will be reduced to 8%. The application period is from January 12, 2021 to December 31, 2023.
Today, we are honored to welcome Mr. Austin Lindemulder, Head of Representative Office of Golden Peach Enterprises, LLC to the office, after his long trip and his family from the United States and the completion of the quarantine period in accordance with regulations. Thank you and your company for choosing us as a reliable partner to complete obtaining the license, support you and your family to make the entire trip to Vietnam in the most convenient and safest way, and accompany your company during its operation in Vietnam in the future. We would like to wish Golden Peach Enterprises, LLC more and more development, hope our cooperation will rise and continue to achieve more success. The support and trust of our customers is always our greatest achievement. 🥰💐
We are honored to accompany and support our customers in their successful business operation in Vietnam. Today, at Asia Business Consulting, we have awarded the Enterprise Registration Certificate and the Investment Registration Certificate to World Trippin Productions company, an enterprise with 100% capital of investors from Canada, engaging in software development and information technology. We hope that the company will have a head start and prosper in their new journey. The love and trust of our customers is our greatest pride and success!
A work permit is a document issued by a competent authority in Vietnam to a foreigner, allowing foreigners to work legally in Vietnam when they meet certain conditions as prescribed by law. Foreign workers who are granted a work permit are considered to work legally and are protected their legitimate rights and interests in labor relations.
Decree No.126/2020/NĐ-CP on the elaboration of the law on tax administration issued by The Government which has come into force since December 05th, 2020, has a lot of changes in comparison to the older regulations of the same problems.
Most of the regulations are changed to facilitate the business process, helping corporates to conduct business more smoothly.
Import and export activities in the period from the beginning of 2016 to the third quarter of 2020 achieved positive and encouraging results such as high and continuous growth of export; high efficient work of developing and expanding export markets, diversifying export products, controlling import and surplus restraint.
The United Kingdom - Viet Nam Free Trade Agreement (UKVFTA) was signed on December 29, 2020. The UKVFTA Agreement is a proceeding step of the Vietnam - UK trade relationship when the EU - Vietnam Free Trade Agreement (EVFTA) was no longer applied to the UK after December 31, 2020 because of Brexit. With basic commitments based on EVFTA but was adjusted to be more suitable for the two countries, UKVFTA officially took effect from 23:00 on December 31, 2020, promising to bring many benefits to both sides.