Decree 175 replaces Decree 15 on lịch trực tiếp bóng đá hôm nay management of construction projects in Vietnam

Decree 175 replacesDecree 15 on lịch trực tiếp bóng đá hôm nay management of construction projects in Vietnam

On December 30, 2024, lịch trực tiếp bóng đá hôm nay Government of Vietnam issuedDecree 175/2024/ND-CPdetailing some regulations and measures for implementing lịch trực tiếp bóng đá hôm nayLuật trực tiếp bóng đáconcerning lịch trực tiếp bóng đá hôm nay management of construction activities. This Decree replacesNghị định 15/2021/NĐ-CPdated March 3, 2021, from lịch trực tiếp bóng đá hôm nay Government of Vietnam, which previously detailed some aspects of construction investment project management.

Below are some new points in Decree 175 replacing Decree 15 concerning lịch trực tiếp bóng đá hôm nay management of construction projects:

(1) Strong Decentralization of Construction Activity Management Authority

Decree 175/2024/ND-CPimplementsConclusion No. 97-KL/TWfrom lịch trực tiếp bóng đá hôm nay 10th Central Committee Meeting, emphasizing more decentralization and lịch trực tiếp bóng đá hôm nay principle: "local decisions, local action, local responsibility." Accordingly:

- Issuance of construction activity certificates and practicing certificates:

+ lịch trực tiếp bóng đá hôm nay full authority for issuing certificates of construction activity and class 1 practice certificates is transferred to lịch trực tiếp bóng đá hôm nay local level.

+ lịch trực tiếp bóng đá hôm nay requirement for practice certificates in some fields that are no longer necessary is eliminated.

- Authority for appraising feasibility study reports for construction investments, designs following basic design, and inspection of acceptance testing work:

+ Local authorities are responsible for appraisal and inspection of acceptance.

+ Ministries managing specialized fields only appraise structures of special classes, complex structures, or those without standard regulations or standards.

- Reduction of administrative procedures:

+ Increase lịch trực tiếp bóng đá hôm nay project investment level that only requires an Economic - Technical Report from 15 billion to 20 billion VND.

+ Add maintenance projects, subgroup C upkeep, to lịch trực tiếp bóng đá hôm nay list requiring only an Economic - Technical Report, without appraisal from lịch trực tiếp bóng đá hôm nay state management agency.

+ Minimize instances of design adjustments requiring project adjustment.

(2) Simplification of Administrative Procedures

Decree 175/2024/ND-CPstreamlines required documentation for administrative procedures; maximally omits unnecessary papers, thus shortening lịch trực tiếp bóng đá hôm nay time for administrative procedures. Additionally:

- Exempts lịch trực tiếp bóng đá hôm nay need to provide documents already available in lịch trực tiếp bóng đá hôm nay national database on construction and land activities.

- Eliminates overlapping management content between investment process stages.

- Combines certain fields of practice certificates that do not demand specialized expertise, such as project management and construction supervision.

- Extends lịch trực tiếp bóng đá hôm nay validity of practice certificates from 5 years to 10 years.

(3) Promoting Digital Transformation and Technology Application in Construction

Specifically,Decree 175/2024/ND-CPintegrates information technology and digital transformation in construction management, encouraging lịch trực tiếp bóng đá hôm nay adoption of Building Information Modeling (BIM) systems to optimize permit and approval processes. Digitizing construction data reduces paperwork and enhances transparency.

Consequently, lịch trực tiếp bóng đá hôm nay construction management database system offers an opportunity to accelerate digitalization in lịch trực tiếp bóng đá hôm nay construction industry.

(4) Resolving Bottlenecks and Aligning with Related Legal Systems

Decree 175/2024/ND-CPclearly stipulates types of planning or equivalent legal documents used as lịch trực tiếp bóng đá hôm nay basis for project development while also serving as lịch trực tiếp bóng đá hôm nay foundation for construction permits, addressing current projects stemming from various planning under specialized law and lịch trực tiếp bóng đá hôm nay status of unsynchronized local planning.

lịch trực tiếp bóng đá hôm nay decree supplements regulations on underground works and basements in alignment with lịch trực tiếp bóng đá hôm nay Urban and Rural Planning Law, resolving information gaps about basements at planning levels.

It specifies lịch trực tiếp bóng đá hôm nay documentation, content, and criteria for appraising feasibility study reports for construction and post-basic design implementation, aligning with lịch trực tiếp bóng đá hôm nay Investment Law, Housing Law, forestry law, and fire protection regulations. Implementation must be clear and transparent to shorten project preparation and design time, enhancing efficiency in evaluation.

A comprehensive documentation system for legitimate land use documents as a basis for construction permits aligns with newly issued land laws and decrees.

Decree 175 replaces Decree 15 on lịch trực tiếp bóng đá hôm nay management of construction projects in Vietnam(Image from Internet)

Vietnam: How shall ataxpayer that has operational investment projects eligible for VAT refundprepare tax declaration dossier?

According to point d, clause 2, Article 7 ofDecree 126/2020/ND-CP, regulations on VAT tax declaration dossiers are as follows:

Tax Declaration Dossier

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2. lịch trực tiếp bóng đá hôm nay tax declaration dossier corresponds to each type of tax, taxpayer, suits lịch trực tiếp bóng đá hôm nay tax calculation method, tax period (month, quarter, year, each occurrence, or settlement). In lịch trực tiếp bóng đá hôm nay case of lịch trực tiếp bóng đá hôm nay same type of tax where lịch trực tiếp bóng đá hôm nay taxpayer has multiple business activities, a common tax declaration dossier should be used, except for lịch trực tiếp bóng đá hôm nay following cases:

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c) Taxpayers who collect on behalf of state agencies must prepare a separate VAT declaration dossier for this collection activity.

d) Taxpayers with investment projects eligible for VAT refunds must prepare a separate VAT declaration dossier for each investment project; at lịch trực tiếp bóng đá hôm nay same time, they must offset lịch trực tiếp bóng đá hôm nay input VAT of goods and services used for each investment project with lịch trực tiếp bóng đá hôm nay output VAT (if any) of ongoing business activities within lịch trực tiếp bóng đá hôm nay same tax period.

...

Therefore, businesses with ongoing activities and investment projects eligible for VAT refunds must prepare separate VAT declaration dossiers for each investment project.

Simultaneously, they must offset lịch trực tiếp bóng đá hôm nay input VAT of goods and services for each investment project with lịch trực tiếp bóng đá hôm nay output VAT (if any) of ongoing business activities within lịch trực tiếp bóng đá hôm nay same tax period.

What are cases where VAT refunds for investment projects are not allowed in Vietnam from July 1, 2025?

Based on point b, clause 2, Article 15 of lịch trực tiếp bóng đá hôm nayValue Added Tax Law 2024(effective from July 1, 2025), regulations on VAT refunds are as follows:

Value Added Tax Refund

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2. Regulations on investment-related tax refunds are as follows:

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b) Business establishments are not allowed VAT refunds but can transfer uncredited VAT amounts of investment projects to lịch trực tiếp bóng đá hôm nay next period under lịch trực tiếp bóng đá hôm nay following cases:

b1) Investment projects do not meet lịch trực tiếp bóng đá hôm nay registered equity at lịch trực tiếp bóng đá hôm nay time of tax refund dossier submission; business in conditional investment sectors without meeting legal business conditions or failing to maintain sufficient business conditions during operation, except for investment projects during lịch trực tiếp bóng đá hôm nay investment stage, under investment law, specialized law without requiring lịch trực tiếp bóng đá hôm nay competent state agency's license for conditional investment sectors, or investment projects under investment law, specialized law without requiring a conditional business license;

b2) Investment projects exploit natural resources, minerals (excluding oil and gas exploration, development regulated by point a of this clause) and investment projects producing products where extracted resources and minerals are processed into different products as stipulated in clause 23 of Article 5 of this Law.

...

Thus, pursuant to lịch trực tiếp bóng đá hôm nay above regulation, from July 1, 2025, businesses will not be eligible for VAT refunds on investment projects but may only transfer uncredited VAT to lịch trực tiếp bóng đá hôm nay next period for lịch trực tiếp bóng đá hôm nay following cases:

- Investment projects that have not met lịch trực tiếp bóng đá hôm nay registered capital contributions at lịch trực tiếp bóng đá hôm nay time of tax refund dossier submission; business in conditional sectors without meeting legal conditions, or failing to maintain sufficient conditions during their operation, excluding investment projects in lịch trực tiếp bóng đá hôm nay investment stage, which under investment law and specialized law, do not require a conditional business license from lịch trực tiếp bóng đá hôm nay state agency.

- Investment projects that exploit natural resources, minerals (excluding exploration, development projects of oil and gas as regulated by point a, clause 2, Article 15 of lịch trực tiếp bóng đá hôm nayValue Added Tax Law 2024) and investment projects producing products processed from extracted resources and minerals.