Legal Document Updates in English (26/2018)

PROCEDURE FOR SALE SEPARATE INVOICES
TO HOUSEHOLD BUSINESSES

Procedure for sale and issue of separate invoices is promulgated by the General Department of Taxation on the Decision No. 829/QD-TCT dated April 16, 2018, with the purpose of management consistently in the whole sector, contributing reform of tax administrative procedure, facilitates the tax payment.

Procedure for sale of separate invoices to household businesses and self-employed individuals at Sub-department of taxation is prescribed as follow:

Step 1: Sub-division of Reception and Result Return of Sub-department of taxation shall receive and verify the application of household business/self-employed individual; guide the household business/self-employed individual to declare and determine taxes and fees (if any) payable as prescribed.

Each tax officer may not declare or sign the application for purchase of invoices on behalf of the household business/self-employed individual.

Step 2: Upon receipt of complete application, affix the receipt acknowledgement stamp to the application; record it in the Application Management software as soon as possible in case of complete applications.

TO ADJUST MONTHLY ALLOWANCES
FOR RETIRED COMMUNE CADRES

According to the Circular No. 08/2018/TT-BNV of the Ministry of Home Affairs, from July 01, 2018, adjusting the monthly allowances for retired commune cadres.

Specifically, monthly allowance applicable from July 1, 2018 of retired commune, ward and township cadres equal the allowance applicable in June 2018 multiply 1.0692.

Therefore, the monthly allowances applicable from July 01, 2018, of retiring senile commune cadres shall be determined as follows:

- For cadres who were secretaries of commune-level Party Committees or chairpersons of commune-level People’s Committees: VND 1,974,000/month.

TO NOT ALLOW TO WORK ALONE IN THE LABORATORY

On February 09, 2018, the Ministry of Health issues the Circular No. 04/2018/TT-BYT on good laboratory practice, takes effect on March 26, 2018.

Within that, there are 11 requirements about safety in laboratory, include:

- Safety data sheets should be available to staff before testing is carried out;

- Staff should be aware of the need to avoid working alone in the laboratory;

- Smoking, eating and drinking in the laboratory should be prohibited;

- Staff should be familiar with the use of fire-fighting equipment, including fire extinguishers, fire blankets and gas masks;

INSPECTION OF COMPLIANCE DEGREE
WITH GDP PRINCIPLES IN 03 DEGREES

In accordance with the Circular No. 03/2018/TT-BYT of the Ministry of Health dated February 09, 2018 on good distribution practices for pharmaceutical products and pharmaceutical starting materials:

The degree of compliance of a distributor with GDP principles shall be assessed and includes GDP degree 1 distributor; GDP degree 2 distributor and GDP degree 3 distributor.

Within 05 days from the date of issuing the certificate of eligibility for pharmacy business or the certificate of GDP compliance, the Department of Health shall publish the following information on the website of the Department of Health: name and address of the distributor; full name of the pharmacist, pharmacy practice certificate number;

SECURITIES COMPANIES MUST NOTE
TO FINANCIAL STATEMENTS

On March 12, 2018, the Ministry of Finance issues the Circular No. 23/2018/TT-BTC on accounting for covered warrants of securities companies being issuers.

Accordingly, each securities company must provide the following additional notes: Profit (loss) from reassessment of warrants of the issuer; Profit (loss) from reassessment of underlying assets for hedging warrant risks of the issuer; Total amount of margins provided for securing payment obligations at depository banks of the issuer; Total amount of margins additionally provided for hedging due to the difference between the theoretical and actual risk hedging

FROM JUNE 21, SINGLE-WINDOW SECTIONS
MUST INSTALL CAMERAS

The implementation of the single-window and inter-agency single-window mechanism in the performance of administrative procedures is prescribed at the Decree No. 61/2018/ND-CP dated April 23, 2018 by the Government, takes effect on June 21, 2018.

Accordingly, at single-window sections, must install cameras to monitor all working areas of single-window sections which are connected with superior state agencies and other sections in the entire system; to arrange spaces for installation of equipment: queue number machines and touch screens for search of information on and results of performance of administrative procedures; to furnish sufficient seats…

This Decree also has provisions on prohibited acts for in the performance of administrative procedures under the single-window and inter-agency single-window mechanism. Specifically, not to obstruct organizations and individuals in

3 CONDITIONS FOR GAS TRADERS

According to the Decree No. 87/2018/ND-CP on gas business, every gas seller and purchaser must fully meet these following requirements:

- Be a trader in accordance with provisions of laws;

- Own gas tanks meeting safety requirements or liquefied petroleum gas (hereinafter referred to as LPG) bottles eligible for circulation on the market or enter into a contract of tank or LPG bottle lease;