From January 1, 2026, a major change in tax and fee policy officially takes effect: the complete abolition of the business license fee (commonly referred to as the business license tax).This is considered a significant step in the roadmap to reduce compliance costs, promote the private sector, and support small businesses and household businesses. So […]

🔔 From 2026: Overtime Pay, Night Shift Pay, and Unused Annual Leave Payments Are Exempt from Personal Income Tax – What Employees Need to Know From 2026, a range of income items related to employees’ salaries will officially be exempt from personal income tax (PIT) under the new provisions of the 2025 Personal Income Tax […]

In the course of business operations, gifting goods to customers, partners, or employees is a very common practice: customer appreciation, Lunar New Year gifts, promotional gifts, internal gifts, etc.However, if accounting and tax declarations are not handled correctly, businesses may face risks such as disallowed expenses, back taxes on VAT and CIT during tax finalization. […]

On December 10, 2025, the National Assembly officially passed the amended Personal Income Tax (PIT) Law. One of the key issues receiving significant attention from both employees and businesses is the effective date of the new family circumstances deduction starting in 2026. So, will the 2026 family circumstances deduction apply from January 1, 2026, or […]

At the beginning of each calendar year (2026), taxpayers enter a “peak tax compliance period,” during which a large number of filings related to the final tax period of the previous year (2025) and annual tax finalization must be completed within a short timeframe. Even a delay of just a few days may result in […]

Starting from July 1, 2025, the personal identification number (12-digit Citizen ID or National ID code) will officially replace tax codes for individuals, households, and household businesses nationwide. This aims to synchronize tax system data with the National Population Database, increase transparency, and reduce administrative procedures. 🛠 Step-by-Step Guide on eTax Mobile Step 1: Log […]

Point 1: Expansion of subjects required to use e-invoices generated from cash registers From June 1, 2025, not only enterprises but also business households and individual business owners with annual revenue of 1 billion VND or more in sectors such as retail, food and beverage, accommodation, transportation, etc., must implement cash register systems connected to […]

✅ Individuals with business income: If only one person is named in the Business Registration Certificate → The taxpayer is the named person.If multiple people are named → Each named individual must pay tax.If a household has multiple business people but only one person is named → The named person is the taxpayer.If doing business […]

Points to Note: Handling taxes for individuals on business trips before they become official legal representatives Some businesses expanding to Vietnam may assume that non-residents are not obligated to pay taxes. However, non-residents are still subject to a fixed tax rate of 20%. (This tax rate only applies to income originating in Vietnam, not the […]

The formula for calculating PIT in Vietnam is as follows: (1) Taxable income = Total income – Tax-exempt income(2)Assessable income = Taxable income – Deductions(3) Personal income tax payable = Assessable income × Progressive tax rate *Deductions include = Personal deduction + Dependent deduction + Insurance deductions + etc +Personal deduction: 11 million VND/month+Dependent deduction: […]