Draft Law on Enterprises (Amended) Must Be Completed by May 2020

Bich Hoa

16:38, 10/07/2024

Recently, the Government of Vietnam issued Resolution 02/NQ-CP on the primary tasks and solutions to improve the business environment and enhance national competitiveness in 2020.

To continue improving the scores and rankings of business environment indicators, the Ministries and competent agencies must perform the following tasks:

- Extend the deadline for declaring and paying the business license fee to January 30 of the following year; promote the use of electronic invoices according to Decree 119/2018/ND-CP;- Establish an online labor declaration information system that connects with the national business registration information system to be completed in the fourth quarter of 2020;- Continue to finalize the Law on Enterprises (Amended) draft by abolishing or simplifying unnecessary and inappropriate procedures to reduce time and costs, to be completed in the May 2020 session;- Enhance measures to shorten the time for construction permits and related procedures;- ...

Details can be found at Resolution 02/NQ-CP, effective from January 1, 2020.

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