Order of the State President Promulgating Law No. 56/2024/QH15

On December 20, 2024, the Office of the President held a press conference to announce the Order of the State President promulgating nine Laws passed by the 15th National Assembly at its 8th session.

Comrade Phạm Thanh Hà, Deputy Head of the Office of the President, announced the Order of the State President promulgating laws.

Among the nine laws recently passed by the National Assembly, Law No. 56/2024/QH15 amends and supplements nine laws under the Ministry of Finance, including: the Law on Securities; the Law on Accounting; the Law on Independent Audit; the Law on State Budget; the Law on Management and Use of Public Assets; the Law on Tax Administration; the Law on Personal Income Tax; the Law on National Reserves; and the Law on Handling of Administrative Violations.

The Law consists of 11 articles, amending and supplementing: 25 articles of the Law on Securities; 9 articles of the Law on Accounting; 7 articles of the Law on Independent Audit; 8 articles of the Law on State Budget; 31 articles of the Law on Management and Use of Public Assets; 14 articles of the Law on Tax Administration; 2 articles of the Law on Personal Income Tax; 5 articles of the Law on National Reserves; and 2 articles of the Law on Handling of Administrative Violations.

Law No. 56/2024/QH15 shall take effect from January 1, 2025.