trực tiếp bóng đá việt nam hôm nayDecree 20: What are amendments to Decree 132 on related-party transactions in Vietnam?

Decree 20: What areamendments to Decree 132on related-party transactions in Vietnam?

Decree 20/2025/ND-CP amending Decree 132/2020/ND-CP on tax administration for enterprises with related-party transactions was issued on February 10, 2025.

Decree 20/2025/ND-CP, effective from March 27, 2025, amends and supplements certain articles of Decree 132/2020/ND-CP concerning tax administration for enterprises with related-party transactions as follows:

- Amend and supplement point d, point k, and add point m of Clause 2, Article 5 of Decree 132/2020/ND-CP regarding related parties.

- Amend and supplement Clause 2, Article 21 of Decree 132/2020/ND-CP regarding trực tiếp bóng đá việt nam hôm nay responsibilities of trực tiếp bóng đá việt nam hôm nay State Bank.

- Replace Appendix I - Information on related parties and related-party transactions accompanying Decree 132/2020/ND-CP on tax administration for enterprises with related-party transactions with Appendix I issued with Decree 20/2025/ND-CP.

See detailed Decree 20/2025/ND-CP amending Decree 132/2020/ND-CP on Related-Party Transactions:Download

Decree 20: What are amendments to Decree 132 on related-party transactions in Vietnam?(Image from trực tiếp bóng đá việt nam hôm nay Internet)

What are cases ofrelated-party transactions in Vietnam?

Based on trực tiếp bóng đá việt nam hôm nay provisions of Clause 1, Article 5 ofDecree 132/2020/ND-CP, trực tiếp bóng đá việt nam hôm nay following is stipulated:

Related Parties

1. Related parties (hereinafter referred to as "related parties") are parties that have a relationship in one of trực tiếp bóng đá việt nam hôm nay following cases:

a) One party participates directly or indirectly in trực tiếp bóng đá việt nam hôm nay management, control, capital contribution, or investment in trực tiếp bóng đá việt nam hôm nay other party;

b) trực tiếp bóng đá việt nam hôm nay parties are directly or indirectly under trực tiếp bóng đá việt nam hôm nay management, control, capital contribution, or investment of another party.

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Thus, according to trực tiếp bóng đá việt nam hôm nay aforementioned provisions, a related-party transaction is established when:

- One party participates directly or indirectly in trực tiếp bóng đá việt nam hôm nay management, control, capital contribution, or investment in trực tiếp bóng đá việt nam hôm nay other party;

- trực tiếp bóng đá việt nam hôm nay parties are directly or indirectly under trực tiếp bóng đá việt nam hôm nay management, control, capital contribution, or investment of another party.

What are trực tiếp bóng đá việt nam hôm nay regulations regarding parties involved in related-party transactions in Vietnam?

Based on Clause 2, Article 5 ofDecree 132/2020/ND-CP, trực tiếp bóng đá việt nam hôm nay regulations specifically concerning parties involved in related-party transactions are as follows:

- An enterprise directly or indirectly holds at least 25% of trực tiếp bóng đá việt nam hôm nay charter capital of another enterprise;

- Both enterprises have at least 25% of their charter capital held directly or indirectly by a third party;

- An enterprise is trực tiếp bóng đá việt nam hôm nay largest shareholder in terms of charter capital and directly or indirectly holds at least 10% of trực tiếp bóng đá việt nam hôm nay total shares of another enterprise;

- An enterprise guarantees or lends to another enterprise under any form (including loans from a third party that are secured from trực tiếp bóng đá việt nam hôm nay financing of trực tiếp bóng đá việt nam hôm nay related party and transactions of a similar financial nature) with trực tiếp bóng đá việt nam hôm nay loan at least 25% of trực tiếp bóng đá việt nam hôm nay borrowing enterprise's charter capital and accounting for over 50% of trực tiếp bóng đá việt nam hôm nay total medium and long-term debts of trực tiếp bóng đá việt nam hôm nay borrowing enterprise;

- An enterprise appoints executive management members or controls another enterprise provided that trực tiếp bóng đá việt nam hôm nay number of members appointed by trực tiếp bóng đá việt nam hôm nay first enterprise constitutes over 50% of trực tiếp bóng đá việt nam hôm nay total executive management members of trực tiếp bóng đá việt nam hôm nay second enterprise, or a member appointed by trực tiếp bóng đá việt nam hôm nay first enterprise has trực tiếp bóng đá việt nam hôm nay authority to decide on financial or business policies of trực tiếp bóng đá việt nam hôm nay second enterprise;

- Both enterprises have more than 50% of trực tiếp bóng đá việt nam hôm nay executive management members or have a common executive management member who has trực tiếp bóng đá việt nam hôm nay authority to decide on financial or business policies appointed by a third party;

- Both enterprises are managed or controlled regarding personnel, finance, and business operations by individuals with one of trực tiếp bóng đá việt nam hôm nay following relationships: spouse; biological parents, adoptive parents, stepparents, parents-in-law; biological children, adopted children, stepchildren, sons-in-law, daughters-in-law; siblings from biological parents, half-siblings, brothers-in-law, sisters-in-law; grandparents; grandchildren; biological uncles, aunts, and nieces, nephews;

- Two businesses have a relationship of a head office and permanent establishment or both are permanent establishments of an organization, foreign individual;

- Businesses are under trực tiếp bóng đá việt nam hôm nay control of an individual through their capital contribution to trực tiếp bóng đá việt nam hôm nay enterprise or directly participating in trực tiếp bóng đá việt nam hôm nay enterprise management;

- Other cases in which a business is under trực tiếp bóng đá việt nam hôm nay factual management, control, or decision concerning trực tiếp bóng đá việt nam hôm nay business activities of another enterprise;

- An enterprise engages in transactions of transferring, receiving rights in capital contributions of at least 25% of trực tiếp bóng đá việt nam hôm nay charter capital of another enterprise in trực tiếp bóng đá việt nam hôm nay tax period; lending, borrowing at least 10% of trực tiếp bóng đá việt nam hôm nay charter capital at trực tiếp bóng đá việt nam hôm nay time of trực tiếp bóng đá việt nam hôm nay transaction in trực tiếp bóng đá việt nam hôm nay tax period with individuals managing, controlling trực tiếp bóng đá việt nam hôm nay enterprise, or with individuals having relationships as specified in point g of Clause 2, Article 5 ofDecree 132/2020/ND-CP.