Q&A: VAT and personal income tax declaration, and business registration requirements for a household trading feed and farming fish
RegHub explainer by New MarketerLast updated:
Based on:Nghị định số 181/2025/NĐ-CP - Ministry of Finance
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Tay Ninh Tax Department No. 8 clarifies: the household has two activities - selling animal feed (a VAT and personal income tax taxable activity) and farming fish in ponds for sale to traders (aquaculture produce exempt from VAT and personal income tax under Decree 181/2025/ND-CP and VAT law). When filing Form 01/CNKD, revenue from fish sales is not declared as taxable revenue (it is exempt); only feed trading revenue is declared. For aquaculture business registration, Tax Department No. 8 Tay Ninh advises the household to contact the commune-level economic office directly for guidance.
Background
A business household has two activities:
- Selling animal feed (cám) - annual revenue over VND 500 million.
- Farming fish in ponds and selling to traders - annual revenue over VND 500 million.
The household asks: how to declare VAT and personal income tax on Form 01/CNKD? And is aquaculture business registration required?
Response from Tay Ninh Tax Department No. 8
On tax declaration
Under VAT law, personal income tax law, and Government Decree 181/2025/ND-CP:
- Self-farmed aquaculture produce (pond-raised fish sold by the producer) is tax-exempt (exempt from VAT, and excluded from PIT taxable revenue).
- Animal feed is an ordinary taxable commodity, subject to VAT and PIT calculated as a percentage of revenue (Form 01/CNKD).
Form 01/CNKD filing approach:
- Revenue declared for VAT and PIT: only revenue from feed sales (fish sales revenue is excluded as exempt).
- Apply the tax rate corresponding to the feed trading business code.
On aquaculture business registration
Tax Department No. 8 Tay Ninh advises Ms Tran Thi Bich Tram to contact the commune-level economic office where she operates for detailed guidance and timely support.
Applicable Regulations
- Government Decree 181/2025/ND-CP (exempt objects).
- VAT Law (non-taxable objects - self-produced aquaculture products).
- Personal Income Tax Law (exempt income - aquaculture income).