Page 147 - NIEN GIAM 2017

working as apprentices thatsent from schools, training centers for
practice and not paid by the enterprise; (3) Persons who are sent to work
in an enterprise by a joint venture and the enterprise does not pay
wage/salary.

For private enterprises, they are also considered employees of the
enterprise. For persons who are members of the family and engage in
management of production or directly produce but do not receive

wage/salary - their incomes remixed with the profit of business.

Annual average capital of the enterprise
Capital of the enterprise is advance amount for business activities

of the enterprise including total available capital (owners’ equity) of the
enterprise and liabilities (Loans and other payables). The annual average
capital of the enterprise is calculated as the average capital of the
enterprise at the beginning of the year and at the end of the year.

Formula:

Capital at the beginning + Capital at the end
The annual of the period of the period
average capital = 2

Fixed assets and long-term investment of the enterprise is total

remaining value of fixed assets, value of basic construction cost in
progress, deposits, long-term deposits and other long-term financial
investment amount of the enterprise.

Net turnover of the enterprise is total income of the enterprise
gained by selling its products or services to outside after subtracting
taxes (special consumption tax, export tax, value added tax by method of
direct accounts payable) and other reductions (discounts, rebates on
goods sold, returned goods). Net turnover does not include: (1) Turnover

from financial activities; (2) Turnover from unusual activities such as:
clearance sale, sale of asset, collection of money due to partner violates
contract, collection of bad debt that was processed...

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