Consolidated Document No. 61/VBHN-VPQH - Corporate Income Tax Law (Consolidating Law No. 67/2025/QH15 and Amendments)
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The National Assembly Office publishes Consolidated Document No. 61/VBHN-VPQH consolidating the Corporate Income Tax Law No. 67/2025/QH15 dated 14 June 2025 (effective 1 October 2026), as amended by five laws: Cybersecurity Law No. 116/2025/QH15, Criminal Judgment Enforcement Law No. 127/2025/QH15, High Technology Law No. 133/2025/QH15, Law No. 141/2025/QH15 (amending the Public Debt Management Law), and Investment Law No. 143/2025/QH15. The Law defines taxpayers (domestic enterprises, foreign enterprises with and without permanent establishments, cooperatives, public service units, and other business organisations), taxable income, exempt income categories, the tax period, the tax calculation base, and the calculation method. The source text is truncated before the incentives chapter and transitional provisions; tax rates, incentive schedules, and the specific tax period from which the Law applies are not visible in the available text.
Scope
Consolidated Document No. 61/VBHN-VPQH issued by the National Assembly Office, published in Official Gazette No. 195 dated 09 April 2026. The document consolidates the Corporate Income Tax Law No. 67/2025/QH15 dated 14 June 2025 (effective 01 October 2026) together with five amending laws effective from 01 July 2026 (Laws 116, 127, 133/2025/QH15), 01 January 2026 (Law 141/2025/QH15), and 01 March 2026 (Law 143/2025/QH15).
Key provisions
Taxpayers (Article 2): Enterprises incorporated under Vietnamese law; foreign enterprises with or without permanent establishments in Vietnam (including e-commerce and digital platform businesses); cooperatives and cooperative unions; public service units; and other organisations conducting income-generating business activities. Permanent establishment includes branches, executive offices, factories, e-commerce platforms, and various representative forms.
Taxable income (Article 3): Includes income from production and business activities plus other income such as capital transfers, securities, real estate, intellectual property rights, deposit interest, unidentifiable payables, and other items. Vietnamese enterprises investing abroad may credit foreign taxes paid against Vietnamese CIT, subject to a cap. A top-up tax provision for the Income Inclusion Rule (IIR - global minimum tax) is also included.
Exempt income (Article 4): Covers income from offshore fishing; agriculture/forestry/aquaculture in extremely disadvantaged areas; agricultural technical services; R&D and digital transformation (exempt up to 3 years); enterprises employing at least 30% disabled, post-drug-rehabilitation, or HIV-positive workers; vocational training for vulnerable groups; dividends from already-taxed domestic investments; qualifying grants for education, culture, and charity; carbon credits and green bond income; and income of certain state financial institutions.
Tax base and calculation method (Articles 6-7): The tax base consists of taxable income and the tax rate. Taxable income = Assessable income - Exempt income + Loss carry-forwards.
Note: The source text is truncated at Article 7. Provisions on deductible expenses, tax rates, incentives, and transitional provisions are not present in the available text.
Effective date
Law No. 67/2025/QH15 takes effect on 01 October 2026. The amending laws take effect on 01 January 2026, 01 March 2026, or 01 July 2026 respectively.