- 2009/03/01
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Monthly Legal Update - March, 2009
- More supports to businesses
Under the Decision 333/2009/QD-TTg dated 10 march 2009, financial companies (except financial companies specialized in consumption credit and credit card business) shall be added to the groups of banks and credit institutions who may enjoy interest supports as regulated under the Decision 131/2009/QD-TTg. In order to enjoy the supports, the financial companies must maintain risk management and bad debts must be lower than 5% total outstanding debts.
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download file(.pdf, 20.4kB)- 2009/02/01
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Monthly Legal Update - February, 09
- Cooperate Income Tax incentives
To deal with the recession, on 13 January 2009, the Ministry of Finance issued Circular No. 03/2009/TT-BTC on guiding the implementation of Cooperate Income Tax (CIT) reduction and extension in accordance with Resolution No. 30/2008/NQ-CP dated 11 December 2008 of the Government.
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