blue-check Regarding support given by the State for development of human resources of SMEs

Circular No. 49/2019/TT-BTC dated August 8th, 2019 of the Ministry of Finance guidance on the management and use of State budget for supporting the human resource development of small and medium-sized enterprises
Posted: 14/8/2019 9:13:03 AM | Latest updated: 7/11/2019 8:50:53 PM (GMT+7) | LuatVietnam: 4777 | Vietlaw: 431

This Circular provides guidance on the estimation, management, use of State budget for supporting the development of human resources of small and medium-sized enterprises (SMEs) in accordance with Decree No. 39/2018/ND-CP .

Accordingly, any employee in an SME who meets the requirements specified in clause 2, Article 14 of Decree No. 39/2018/ND-CP shall be exempted from tuition fee one time only and the maximum amount of exemption shall not exceed VND 2 million for one person per year.

In addition, the State shall support 50% of expense for organizing an on-the-job training course of in manufacturing and processing SMEs.

This Circular takes effect from September 23rd, 2019.

To abrogate the contents related to expenditures specified at Article 4, Chapter III, Clause 1 Article 17, Clause 2 Article 19 of Joint Circular No. 04/2014/TTLT-BKHDT-BTCstatus1 dated August 13th, 2014.

Please be informed that attached forms are neither translated nor included in the English file.
EffectiveDate23/9/2019 (d/m/yyyy)
PublishedVietlaw's Newsletter No. 431
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Labour - Employment