The Ministry of Finance issued Circular No 80/2012/TT-BTC on May 22 regulating tax code registration under the Law on Tax Administration and replacing Circular No 85/2007/TT-BTC of July 2007. Under the new circular, the business licence number of an enterprise established under the Law on Enterprises is also the enterprise's tax code. The enterprise therefore does not need to apply separately for a tax code.
In addition, the procedure for registering a tax code is simplified, with a number of documents being removed from the list of required documents. Taxpayers are also only required to submit one set of dossiers to the tax authorities and the timeline for approval is no more than three working days from the date of application.
The new circular takes effect on July 1.
New regulations govern automobile warranties, maintenance policies
The Ministry of Transport issued Circular No 19/2011/TT-BGTVT on June 6, regulating automobile warranties issued by manufacturers and importers. The new decree replaces Circular No 43/2011/TT-BGTVT of June 2011. Under the circular, manufacturers and importers have to provide car buyers with warranty and maintenance policy documents, clearly stating warranty and maintenance policies and the addresses of authorised service locations. They must maintain these service locations in all provinces and cities in which they maintain dealerships. However, they can outsource warranty and maintenance services to other maintenance and repair establishments which satisfy set requirements.
In cases in which imported cars have technical errors in design or manufacturing or violate applicable technical provisions, standards or regulations, importers must repair or replace defective products in accordance with the law.
The circular also sets forth minimum technical standards for service facilities of manufacturers and importers and procedures for manufacturers or importers to obtain certification that they have satisifed standards applicable to these facilities.
The circular takes effect on August 1 for importers of complete units with nine seats and next January 1 for manufacturers and importers of other types of fully assembled vehicles. — BIZCONSULT