Update information on the latest legal changes

Update information on the latest legal changes

Date 21-11-2024 Views 133

In the context of constantly changing and developing laws, updating the latest legal changes is extremely important for businesses and individuals. These changes not only affect the rights and obligations of people but also impact business and management activities. Below are some highlights of the latest legal changes that you need to know.

1. Amended Enterprise Law

One of the most important changes this year is the Amended Enterprise Law. This law was passed by the National Assembly and took effect from January 1, 2025. New points in the Enterprise Law include:

  • Regulations on charter capital: Enterprises must register actual charter capital and are responsible for reporting the use of capital.
  • Shareholders' rights and obligations: Shareholders have the right to request enterprises to provide information on business and financial activities.
  • Regulations on corporate governance: New regulations on corporate governance aim to increase transparency and accountability of management.

2. Amended Labor Law

The Amended Labor Law has also been passed and will take effect from 1 July 2025. Important changes in the Labor Law include:

  • Increased leave: Employees will be given an additional 5 days of annual leave.
  • Regulations on wages: Enterprises must ensure minimum wages for employees and are responsible for adjusting wages periodically.
  • Protecting workers' rights: New regulations aim to protect workers' rights, including the right to work in a safe and healthy environment.

3. Amended Tax Law

The Amended Tax Law has also been passed by the National Assembly and will take effect from January 1, 2025. New points in the Tax Law include:

  • Regulations on personal income tax: Personal income tax rates are adjusted to suit current living standards.
  • Regulations on corporate tax: Enterprises must pay tax at the new tax rate and are responsible for reporting taxes fully and accurately.
  • Regulations on value added tax: New regulations on value added tax aim to increase transparency and fairness in tax collection.

4. Amended Law on Environmental Protection

The Amended Law on Environmental Protection has also been passed and will take effect from January 1, 2025. Important changes in the Law on Environmental Protection include:

  • Regulations on waste treatment: Enterprises must comply with new regulations on waste treatment and environmental protection.
  • Emission Regulations: New emission regulations to reduce air pollution and protect public health.
  • Water resource protection regulations: Businesses must comply with new regulations on water resource protection and efficient water use.

Conclusion

It is extremely important to stay up to date with the latest legal changes to ensure compliance and protect the rights of businesses and individuals. Hopefully this article has provided you with useful information about the latest legal changes. If you need further information or support, please do not hesitate to contact us.

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