Vietnam is observing strong waves of implementing science and technology into digitalization and management. Navigating to the trend, the government has issued notable regulations regarding electronic transactions as well as taxes and fees of science and technology companies. Besides, new supplemented administrative procedures on labor and wages are also important spots for businesses. Below are the highlights of legal news for businesses in March 2021:
- Change the time limit for enterprises to use e-invoices
- Provide guidance on the exemption or reduction of Corporate Income Tax (CIT) incurred by science and technology enterprises
- Approval on a pilot scheme on using digital wallets to pay for goods and services of small values (Mobile-Money)
- Amendments and supplements of administrative procedures related to labor and wages.
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