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Legal Update

Resolution 928 of the Standing Committee of the National Assembly Issuing Royalties Tariff

29 June 2010
Mayer Brown Legal Update

On 19 April 2010 the Standing Committee of the National Assembly in Vietnam released Resolution No. 928/2010/UBTVQH issuing the royalties tariff ("Resolution 928") to implement Article 7 of the Royalties Law No. 45/2009/QH12.

Resolution 928 will take effect as from 1 July 2010.

For information about the implementation of a number of articles of this law, see Mayer Brown's Legal Update on "Decree 50 Making Detailed Provisions for Implementation of the Law on Royalties" of 2 June 2010.

Please click here for the English translation of the tables of Royalties Tariff prescribed under Resolution 928.

For inquiries related to this Legal Update, please contact:

Dao Nguyen ( )

Thinh Dan ( )

Learn more about our Vietnam offices and Tax practice.

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