Friday, September 12, 2025

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Fixed assets

Fixed Asset Updates

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New regulations on depreciation and amortization of fixed assets at state agencies

The Ministry of Finance has just issued Circular No. 23/2023/TT-BTC guiding the management, depreciation and amortization regime of fixed assets at agencies, organizations, units and fixed assets assigned by the State to enterprises for management. The Circular takes effect from June 10, 2023.

The usage time for a management software is only 5 years.

(Baonghean.vn) - Nghe An Department of Finance has just submitted a document to the Provincial People's Committee on the issuance of a Decision regulating the list of usage time, depreciation rate of intangible fixed assets, special fixed assets, and other fixed assets under the management of Nghe An province.
Safes and money counters managed by the state have a usage period of 5 - 8 years.

(Baonghean.vn) - Nghe An Department of Finance has just submitted a document to the Provincial People's Committee on the issuance of a Decision regulating the list of usage time, depreciation rate of intangible fixed assets, special fixed assets, and other fixed assets under the management of Nghe An province.

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