INCREASE IN FAMILY DEDUCTIONS FROM JANUARY 01, 2026
Resolution No. 110/2025/UBTVQH15 date October 17, 2025 officially approves the family deduction level when calculating personal income tax as follows:
- Personal deduction for taxpayers is 15,5 million VND/month (186 million VND/year).
- The deduction for each dependent is 6.2 million VND/month.
This Resolution comes into force from January 01, 2026 and is applied from the tax period of 2026.
PROCEDURE FOR HANDLING ERRORS INVOICES ACCORDING TO DECREE 70/2025/ND-CP
SOME NEW POINTS OF THE LAW ON CIT
FOREIGN CONTRACTOR TAX ON SERVICES VIA E-COMMERCE CHANNELS AND DIGITAL PLATFORMS
Taxable income from salaries or wages
Tax examination, inspection at offices of taxpayers
Issuing electronic invoices for returned goods according to decree 123/2020/ND-CP
CONTINUE TO REDUCE 2% VAT UNTIL THE END OF DECEMBER 2024
GLOBAL MINIMUN TAX IN VIETNAM
PERSONAL INCOME TAX FROM SALARY AND WAGES
SOME NEW POINTS ON VAT (VALUE-ADDED TAX) FROM JULY 1, 2025
CORPORATE INCOME TAX (CIT) EXEMPTION FOR SMALL AND MEDIUM-SIZED ENTERPRISES
FCT ACCORDING TO CIRCULAR NO. 20/2026/TT-BTC
Vietnamese
English
Korean