Below are the main points of this Circular, fixed assets are valued at 30.000.000 dong (Thirty million dong) or more and are depreciated. Before, in Circular No.203/2009/TT-BTC of October, 20 2013 of MOF guiding regulation on management, use and depreciation of fixed assets, this rate is stipulated as 10.000.000 dong (Ten million dong).

This Circular is tightened the provisions of fixed assets not be depreciated. The land use and residential house rights in case of be allocated by the State for a long - term use is depreciated. Land use rights must be long - term use with land use fee or receiving the legal long - term land use rights.

This Circular is going to take effect from 10 June 2013.