Are household businesses subject to tax sanctions in Vietnam still entitled to assistance when being converted into small xem bóng đá trực tiếp trên youtube medium-sized enterprises in Vietnam?

Regarding this matter, LawNet would like xem bóng đá trực tiếp trên youtube answer as follows:

1. Are household businesses subject to tax sanctions in Vietnam still entitled to assistance when being converted into small xem bóng đá trực tiếp trên youtube medium-sized enterprises in Vietnam?

According xem bóng đá trực tiếp trên youtube the provisions of Clause 1, Article 16 of theLaw No. 04/2017/QH14 dated June 12, 2017, on assistance for small trực tiếp bóng đá, small xem bóng đá trực tiếp trên youtube medium-sized enterprises (SMEs) converted from business households will receive assistance if the following conditions are fulfilled:

Article 16. Assistance for SMEs in conversion from household business xem bóng đá trực tiếp trên youtube SMEs

1. An SME converted from a household business will receive assistance if the following conditions are fulfilled:

a) Before being converted to a SME, the household business has obtained the enterprise registration certificate (ERC) xem bóng đá trực tiếp trên youtube is run in accordance with the regulations of the law.

b) The household business has been operating continuously for at least 01 year by the day on which the first ERC is issued.

Thus, an SME converted from a household business will receive assistance if the following conditions are fulfilled:

- Before being converted to a SME, the household business has obtained the enterprise registration certificate (ERC) xem bóng đá trực tiếp trên youtube is run in accordance with the regulations of the law.

- The household business has been operating continuously for at least 01 year by the day on which the first ERC is issued.

In addition, currently, there are no regulations stipulating that household businesses subject xem bóng đá trực tiếp trên youtube tax sanctions in Vietnam are not entitled xem bóng đá trực tiếp trên youtube assistance when being converted into SMEs.

Thus, household businesses subject xem bóng đá trực tiếp trên youtube tax sanctions in Vietnam are still entitled xem bóng đá trực tiếp trên youtube assistance when being converted into SMEs if they meet the two conditions mentioned above.

2. Forms of assistance for SMEs in conversion from household business xem bóng đá trực tiếp trên youtube SMEs in Vietnam

Pursuant xem bóng đá trực tiếp trên youtube Clause 2, Article 16 of theLaw No. 04/2017/QH14 dated June 12, 2017, on assistance for small trực tiếp bóng đá, to create favorable conditions for the process of operation xem bóng đá trực tiếp trên youtube development, the law has policies to support SMEs converted from household businesses including:

- Free consultancy xem bóng đá trực tiếp trên youtube instruction on applications xem bóng đá trực tiếp trên youtube procedures for the enterprise establishment;.

- Free consultancy xem bóng đá trực tiếp trên youtube instruction on applications xem bóng đá trực tiếp trên youtube procedures for business eligibility certification for conditional business lines (if any).

- Support for business registration xem bóng đá trực tiếp trên youtube disclosure of business information: SMEs converted from business households that meet the application conditions are exempt from the first business registration fee at the business registration agency; Exemption from fees for publication of business registration content for the first time on the National Business Registration Portal.

- Exemption from fees for assessment xem bóng đá trực tiếp trên youtube fees xem bóng đá trực tiếp trên youtube licensing fees for the first license of business lines subject to conditions

- Exemption from licensing fees within 3 years from the day on which the first ERC is issued;

- Free consultancy xem bóng đá trực tiếp trên youtube instruction on the tax administrative procedures xem bóng đá trực tiếp trên youtube the accounting regime within 03 years from the day on which the first ERC is issued;

- Remission of land rental, land levy xem bóng đá trực tiếp trên youtube the levy on non-farming land for a limited period of time in accordance with regulations of law on land.

- Remission of corporate income tax for a limited period of time in accordance with regulations of law on corporate income tax.

The SME converted from a household business shall inherit all rights, obligations, xem bóng đá trực tiếp trên youtube legal interests of the household business in accordance with the regulations of the law. If a household business is converted into a limited liability company or a joint stock company, the household business owner, with his/her entire property, shall be liable for the outstanding loans of the household business unless otherwise agreed by the parties in accordance with the regulations of the law.

Key word: SMEs | small xem bóng đá trực tiếp trên youtube medium-sized enterprises | in Vietnam | Vietnam |

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