APPLICATION OF THE COUNCIL OF JUSTICES OF THE SUPREME PEOPLE’S COURT ON REGULATIONS OF INTERESTS, INTEREST RATES AND PENALTIES
REPLACING ENTIRE BUSINESS REGISTRAION FORM TEMPLATES UNDER CIRCULAR NO.02/2019/TT-BKHDT
03/04/2019
DURATION OF THE LICENSE FOR LABOR LEASE DOES NOT EXCEED 60 MONTHS
03/04/2019APPLICATION OF THE COUNCIL OF JUSTICES OF THE SUPREME PEOPLE’S COURT ON REGULATIONS OF INTERESTS, INTEREST RATES AND PENALTIES
Pursuant to Resolution No. 01/2019/NQ-HDTP of the Council of Justices of the Supreme People’s court enters into force from March 15, 2019:
Accordingly, this Resolution specifies:
- Application of regulations on interests and interest rates in property loan agreements other than credit agreements;
- Determination of interests and interest rates in property loan agreements which are not credit agreements and are governed by the 1995 Civil Code;
- Determination of interests and interest rates in property loan agreements which are not credit agreements and are governed by the 2005 Civil Code;
- Determination of interests and interest rates in property loan agreements which are not credit agreements and are governed by the 2015 Civil Code;
- Determining date of first-instance trial and late payment period;
- Application of regulations on interests and interest rates in credit agreements;
- Determining average interest rate prescribed in Article 306 of the 2005 Commercial Law….
Best regards,
