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New Decree on electronic invoices - Mazars Legal Alert

On 12 September 2018, the Government has promulgated Decree 119/2018/ND-CP (“Decree 119”) which shall take effective from 01 November 2018, replacing Decree 51/2010/ND-CP (“Decree 51”) and Decree 04/2014/ND-CP (“Decree 04”) on E-invoices for sale of goods and services. Accordingly, from 01 November 2020, all tax payers must use E-invoices for the sale of goods and services.

Amendments of provisions on enterprise registration - Mazars Legal Alert

In July and August 2018, the Government has promulgated two new legal documents to replace, amend and supplement a number of provisions relating to enterprise registration, including Decision No. 27/2018/QD-TTg dated 6th July 2018 of the Prime Minister issuing the Vietnam Standard Industrial Classification (to replace Decision No. 10/2007/QD-TTg dated 23rd January 2007 of the Prime Minister) and Decree No. 108/2018/ND-CP date 23rd August 2018 amending and supplementing a number of articles of Decree No. 78/2015/ND-CP dated 14th September 2015 of the Government on enterprise registration.

Mazars Vietnam Legal Alert June 2018

Recently, the Government has promulgated Decree No. 81/2018/ND-CP dated 22 May 2018 (“Decree 81”) guiding the Commercial Law on commercial promotion activities that will take effect from 15 July 2018, replacing Decree No. 37/2006/ND-CP dated 04 April 2006. Compared with Decree 37, Decree 81 only retains two forms of trade promotion including promotion and trade fairs, exhibitions. Hence, it could be implicated that the commercial advertising activities as per the former Decree shall now be governed by the applicable Law on Advertising. In addition, Decree 81 has some new provisions as follows: