UHY Ltd Auditing & Consulting Company limited is a member of UHY International, a cohesive worldwide network of independent member firms providing audit, accounting, tax and business advisory services across the globe.
On 26 March 2020, the Ministry of Finance proposed to the Government in its draft submission No. 3540/TTrBTC regarding issuance of a Decree on deadline extension for tax payments and and rental fee in order to remove difficulties for production and business entities, and to support the market as a result of Covid-19 impacts.
On 03 March 2020, the General Department of Taxation issued Official Letter No. 897/TCT-QLN extending the tax payment deadline and waiving late payment interest for taxpayers suffering from losses and difficulties during their business operations, and being unable to paying taxes by the due date as a result of the Covid-19 pandemic.
► Reminder around the deadline for submission of the 2019 CIT finalization
► Official Letter No. 385/TCT-CS dated 3 February 2020
► Official Letter No. 1726 / CT-TTHT dated 21 January 2020
► Official Letter 98065 / CT-TTHT dated 31 December 2019
The Law on Tax Administration No
38/2019/QH14 replaces Law 78/2006/
► Trade and Investment Protection
Agreement between Vietnam and the
► Resolution of the regular Government
meeting in June 2019.
On 08 August 2019, the Ministry of Finance issued Circular
No. 48/2019/TT-BTC (“Circular 48”) replacing Circular No.
228/2009/TT-BTC and other related regulations providing
guidance on treatment of provisions for inventory devaluation,
losses from investment, doubtful debts, and warranty of
products, goods, services, and constructions.
Circular 48 will come into effect on 10 October 2019 and will
be applicable starting from financial year 2019.
UHY Ltd Auditing & Consulting Company Limited (“UHY Co Ltd”) is one of the top 10 leading accounting and consulting firms in Vietnam with more than 15 years of experience in Vietnam and is a sole and independent member of UHY International, one of the world's leading accounting firm headquartered in London, UK.