The Law on providing assistance for small and medium-sized enterprises 2017 of Vietnam effective from January 01, 2018 stipulates preferential policies for business households converting to small and medium-sized enterprises (SMEs). To be specific:
To easily support domestic businesses, Decree No. 39/2018/NĐ-CP of Vietnam’s Government has classified small and medium enterprises by size including microenterprises, small enterprises and medium-sized enterprises based on the following factors:
The Law on providing assistance for small and medium-sized enterprises 2017 of Vietnam takes effect from January 01, 2018. This Law stipulates that small and medium-sized enterprises will be supported in many aspects, for example: assistance in tax and accounting regimes, assistance in production areas, assistance in access to information, consultancy and legal issues, etc. and assistance in developing human resources.
Decree No. 39/2018/NĐ-CP of Vietnam’s Government provides guidelines for Law on support for small and medium-sized enterprises with several incentives for small and medium enterprises (SMEs) converted from household business.
The Government of Vietnam has officially approved Decree No. 39/2018/NĐ-CP on guidelines for Law on support for small and medium-sized enterprises (SMEs).
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