New highlights of 12 laws adopted by National Assembly
1. 2017 Law on Assisting Small and Medium Enterprises : (4 Chapters and 35 Articles) Effective date : January 01, 2018 - Criteria for determining small and medium enterprises are changed: + Total number of employees in the previous year does not exceed 200 people; + Total capital in the previous year does not exceed VND 100 billion; + Total revenue in the previous year does not exceed VND 300 billion. - Household businesses converted will be entitled to: + Free consulting service for application for establishment; + Free enterprise registration; + Exemptions of fees for first application of the conditional business license; + Free training courses in tax and accounting for 3 years from the date of conversion; + Exemption from licensing fees within the first 3 years from the date of conversion; + Remission of corporate income tax. 2. 2017 Law on Management of Foreign Trade : (8 Chapters and 113 Articles) Effective date : Jan...