Amended VAT Law 2025: Abolition of the condition linking VAT refunds to the seller’s declaration and tax payment; increase of the VAT exemption revenue threshold for household businesses to VND 500 million per year
Decree No. 320/2025/ND-CP dated December 15, 2025 of the Government detailing a number of articles and organizational measures, and providing guidance on the implementation of the Law on Corporate Income Tax
Official letter 1539/VLO-QLDN3 dated December 02nd, 2025 Guidance on tax policy when the company borrows at free interest rate from shareholders According to this Official Letter dated December 02nd, 2025, Vinh Long Tax Department guided in case the Company borrows money from shareholders without interest to mortgage assets at the bank, then: 1/ If a
Official Letter No. 10861/BNV-CLV – Guidelines on Salary Payment to Foreign Employees working under “intra-company transfer” On November 19, 2025, the Ministry of Home Affairs issued Official Letter No. 10861/BNV-CVL in response to the Advisory Council for Administrative Procedure Reform under the Prime Minister and the Japan Chamber of Commerce and Industry in Vietnam (JCCI)
One of the notable changes introduced under this Decree concerns the penalty framework for issuing invoices not in accordance with the prescribed timing, specifically:
One of the notable changes introduced under this Decree concerns the penalty framework for issuing invoices not in accordance with the prescribed timing, specifically:
the Hue City Tax Department provides guidance on the time to declare personal income tax in the case of salary payment for multiple-month at the same period. The content of the guide is as follows:
According to this Official Letter, the Tax Department responds to inquiries from the Bac Ninh Tax Department and the Khanh Hoa Tax Department regarding the deductibility of input VAT on purchase invoices valued at VND 5 million or more that are paid later than the schedule specified in the contract or contract addendum. The guidance is as follows
According to the guidance provided in Official Letter No. 6355/DON-QLDN1, from 1 July 2025, when issuing personal income tax withholding certificates to employees, companies must use the personal identification number instead of the personal tax identification number, as stipulated in Clause 2, Article 38 of Circular 86/2024/TT-BTC dated 23 December 2024 of the Ministry of Finance.
The Circular provides detailed instructions on accounting vouchers, accounting accounts, bookkeeping, preparation, and presentation of financial statements for enterprises. The determination of a company’s tax obligations to the State Budget shall comply with the provisions of tax law. This Circular applies to all enterprises across various sectors and economic components. Credit institutions and branches of foreign banks shall implement the accounting regime or relevant legal documents on accounting in accordance with the guidance of the State Bank of Vietnam.
The Circular provides detailed instructions on accounting vouchers, accounting accounts, bookkeeping, preparation, and presentation of financial statements for enterprises. The determination of a company’s tax obligations to the State Budget shall comply with the provisions of tax law. This Circular applies to all enterprises across various sectors and economic components. Credit institutions and branches of foreign banks shall implement the accounting regime or relevant legal documents on accounting in accordance with the guidance of the State Bank of Vietnam.
The Circular provides detailed instructions on accounting vouchers, accounting accounts, bookkeeping, preparation, and presentation of financial statements for enterprises. The determination of a company’s tax obligations to the State Budget shall comply with the provisions of tax law. This Circular applies to all enterprises across various sectors and economic components. Credit institutions and branches of foreign banks shall implement the accounting regime or relevant legal documents on accounting in accordance with the guidance of the State Bank of Vietnam.
