Compliance Timeline

Upcoming regulatory effective dates and compliance deadlines

All Business Registration & Foreign Investment Corporate Income Tax Customs E-Invoice IFRS / Accounting Standards Labor Personal Income Tax Real Estate & Land VAT

July 2026

Jul 1, 2026109/2025/QH15 (VBHN 112/VBHN-VPQH)Overdue

Consolidated Document No. 112/VBHN-VPQH: Personal Income Tax Law (Consolidated Through April 2026)

Consolidated Document No. 112/VBHN-VPQH, issued by the National Assembly Office on May 20, 2026, merges the full text of Personal Income Tax Law No. 109/2025/QH15 (passed December 10, 2025, effective July 1, 2026) with the amendments made by Law No. 09/2026/QH16 dated April 24, 2026. This law fully replaces the old Personal Income Tax Law No. 04/2007/QH12 and its many amendments, and applies to both resident and non-resident individuals. Two provisions matter most for business owners, accountants, and employees. First, the personal deduction is 15.5 million VND per month (186 million VND per year) for the taxpayer and 6.2 million VND per month per dependent. Second, the progressive tax table for salary and wage income has 5 brackets: the lowest 5 percent bracket covers income up to 10 million VND per month, and the top 35 percent bracket applies above 100 million VND per month. The law also revises how business individuals (household businesses, e-commerce sellers) are taxed: annual revenue below a Government-set threshold is exempt from personal income tax, and taxpayers above that threshold can choose between net-income taxation (15 to 20 percent depending on revenue tier) or a flat percentage of gross revenue (0.5 to 5 percent depending on business line). Although the law formally takes effect July 1, 2026, the business-income and salary-income provisions already apply retroactively to the entire 2026 tax year.

Critical

March 2026

Mar 5, 2026Nghị định số 68/2026/NĐ-CP ngày 05/3/2026; Thông tư số 18/2026/TT-BTC ngày 05/3/2026Overdue

Must a Household Business Hold a Bank Account Named 'Household Business X'? Rules on Payment Accounts and E-Wallets under Decree 68/2026

The Ho Chi Minh City Tax Department responded to a question about the bank account obligations of household businesses under Decree 68/2026/NĐ-CP and Circular 18/2026/TT-BTC. From 5 March 2026, household businesses and individual business operators must use payment accounts or e-wallet account numbers opened at an intermediary payment service provider in connection with their production and business activities — the account does not need to be in the name 'Household Business X'. Household businesses falling under clause 4, Article 17 of Decree 68/2026/NĐ-CP must notify the tax authority of their account/e-wallet details using Form 01/BK-STK under Circular 18/2026/TT-BTC. Taxpayers receiving international payments through PayPal or foreign contract manufacturing arrangements should self-assess their specific obligations against these instruments.

High

January 2026

Jan 1, 2026Khoản 3 Điều 5 Luật Thuế GTGT số 48/2024/QH15 ngày 26/11/2024Overdue

Household Businesses Distributing Animal Feed: VAT-Exempt or 1% Rate?

The Can Tho City Tax Department confirmed that animal feed is VAT-exempt under Article 5, Clause 3 of the VAT Law No. 48/2024/QH15. Household businesses using the declaration method that distribute animal feed are not subject to VAT. However, household businesses must still file VAT declarations as required. Additionally, those with annual revenue exceeding VND 300 million must file and pay personal income tax in accordance with the law.

Medium

VAT

Personal Income Tax

July 2025

Jul 1, 2025Nghị định số 68/2026/NĐ-CP, Điều 4 khoản 5; Luật Thuế TNCN số 99/2025/QH15, Điều 10 khoản 1Overdue

Household Business with 2026 Revenue Below VND 3 Billion: Which PIT Calculation Method Applies?

The Dong Nai Tax Department advised: a household business that has been applying the flat-rate method (tax rate x revenue) since July 2025, with 2025 revenue above VND 3 billion but estimated 2026 revenue below VND 3 billion, must still apply the income-based PIT method (taxable income = revenue minus expenses) in 2026 - it cannot revert to the flat-rate method. Under Decree 68/2026/ND-CP: household businesses with revenue of VND 500 million or above must use the income-based method. Only if a household business self-determines 2026 revenue below VND 500 million may it use the flat-rate method. If actual 2026 year-end revenue reaches VND 3 billion or above, it must switch to the income-based calculation method.

High

Personal Income Tax

January 2025

Jan 1, 2025Luật số 93/2025/QH15 Điều 71 khoản 3; Thông tư 03/2023/TT-BTC Điều 5Overdue

Is Income from Participating in Science and Technology Evaluation/Acceptance Councils Exempt from Personal Income Tax?

The Hanoi Tax Department provided guidance on the personal income tax (PIT) exemption under Clause 3 of Article 71 of Law No. 93/2025/QH15 for income earned from participating in science, technology, and innovation (STI) task evaluation and acceptance councils. Under Clause 1 of Article 5 of Circular 03/2023/TT-BTC, costs for advisory council, evaluation council, and acceptance council activities in STI tasks are classified as **task management costs** (not task implementation costs). However, Law No. 93/2025/QH15 exempts from PIT income earned from wages and salaries **when performing STI tasks**. The Tax Department advises taxpayers to self-assess whether council participation activities qualify as "performing an STI task" in order to apply the correct tax treatment. If further clarification is needed, taxpayers may consult the Hanoi Tax Department's website or contact the tax authority directly.

Medium

July 2014

Jul 1, 2014Nghị định số 65/2013/NĐ-CP; Thông tư số 219/2013/TT-BTC ngày 31/12/2013; Quyết định số 1617/QĐ-CT ngày 25/6/2014 của Cục Thuế TP. Đà NẵngOverdue

VAT and PIT Rates for Household Business Making Bamboo Lanterns, Teaching Crafts, and Selling Coffee

The Ministry of Finance provided guidance on VAT and PIT rates for the Tieng Vong Pho household business (Da Nang) operating multiple activities: bamboo lantern manufacturing (code 3290), lantern-making and coffee-brewing instruction (codes 8559, 8552), lantern and coffee retail (codes 4773, 5630), and craft experience services. Per guidance from the Da Nang Tax Department (issued June 25, 2014, effective July 1, 2014), based on Decree 65/2013/NĐ-CP and the PIT Law: Craft experience and coffee-brewing experience services are classified as distribution/goods supply services - 10% VAT, 1% PIT. Lantern and coffee bag sales - 10% VAT, 0.5% PIT. Art teaching and artistic education - 0% VAT (exempt), 1.5% PIT. The household business applies presumptive or percentage-of-revenue tax calculation methods.

Low

Compliance Timeline

July 2026

Consolidated Document No. 112/VBHN-VPQH: Personal Income Tax Law (Consolidated Through April 2026)

March 2026

Must a Household Business Hold a Bank Account Named 'Household Business X'? Rules on Payment Accounts and E-Wallets under Decree 68/2026

January 2026

Household Businesses Distributing Animal Feed: VAT-Exempt or 1% Rate?

July 2025

Household Business with 2026 Revenue Below VND 3 Billion: Which PIT Calculation Method Applies?

January 2025

Is Income from Participating in Science and Technology Evaluation/Acceptance Councils Exempt from Personal Income Tax?

July 2014

VAT and PIT Rates for Household Business Making Bamboo Lanterns, Teaching Crafts, and Selling Coffee

Scope of Official Letter No. 5680/CT-CS on PIT Exemption for Professional Service Income from Science and Technology Contracts

Personal Income Tax Method for Newly Established Business Households with Revenue Exceeding VND 3 Billion in 2026

Circular 18/2026/TT-BTC: Tax Administration Dossiers and Procedures for Household Businesses and Individual Business Operators

Decree 68/2026/ND-CP: Tax Policy and Tax Administration for Household Businesses and Individual Business Operators

Ho Chi Minh City Tax Department: Guidance on Re-filing Real Estate Rental Tax When Switching from Annual to Per-Payment Period Declaration under Decree 68/2026/ND-CP

PIT Declaration and Payment on Behalf of Individual/Household Businesses Receiving Trade Discounts from 2026

Tax authority guidance on handling Q1/2026 tax returns already filed by household businesses following the increase in the taxable revenue threshold to VND 1 billion

Guidance on VAT and PIT for Household Businesses Slaughtering and Selling Fresh Livestock Meat

Which PIT Progressive Schedule Applies to December 2025 Salary Paid in January 2026: Old 7-Bracket or New 5-Bracket?

Guidance on the VND 500 Million PIT Exemption Threshold for Individual Businesses and PIT Calculation with Multiple Income Sources

Applicability of Circular 111/2013/TT-BTC on Personal Income Tax from January 2026

Meal Allowances and Overtime Pay Under Product-Based Pay Schemes: PIT Treatment and CIT Deductibility

VAT and PIT Guidance for Individual Households Sawing Round Logs into Planks or Pieces under Decree 359/2025/ND-CP