Update on Decree No. 20/2026/ND-CP: Special Mechanisms and Policies for Private Sector Development
On 15 January 2026, the Government issued Decree No. 20/2026/ND-CP, providing detailed regulations and guidelines for the implementation of Resolution No. 198/2025/QH15 on specific mechanisms and policies for private sector development. Decree 20/2026/ND-CP is expected to have a profound impact on the business community, household businesses, and investors in the coming period. It introduces a […]
Tax policies and Tax Administration for Household and Individual business operators
1. LEGAL FRAMEWORK 2. TAX CALCULATION METHODS APPLICABLE TO HOUSEHOLD BUSINESSES AND INDIVIDUAL BUSINESS OPERATORS 2.1 Revenue Thresholds and Value-Added Tax (VAT) and Personal Income Tax (PIT) Obligations Revenue Thresholds VAT PIT Below VND 500 million Not subject to VAT Not subject to PIT Over VND 500 million up to VND 3 billion Percentage (%) […]
KTC WEBINAR – Application of AI in accounting and auditing
The rapid emergence of generative AI tools is driving profound changes in the way businesses process data and operate. For the accounting and auditing profession, AI presents a clear opportunity to enhance speed, accuracy, and overall efficiency. Amid many continuous updates to legal and regulatory frameworks, AI significantly shortens research time, reduces the workload on […]
KTC Webinar – Update on key changes to the corporate accounting regime from 2026
On 27 October 2025, the Ministry of Finance issued Circular 99/2025/TT-BTC providing guidance on the Corporate Accounting Regime, introducing a number of strategic changes that enhance autonomy, strengthen governance capacity, and align more closely with international accounting standards. This Circular takes effect from 1 January 2026, replacing Circular 200/2014/TT-BTC, and applies to enterprises across all […]
Circular No. 99/2025/TT-BTC: Guidance on the Corporate Accounting Regime
(replacing Circular 200/2014/TT-BTC) On 27 October 2025, the Ministry of Finance issued Circular 99/2025/TT-BTC (“Circular 99”) on the corporate accounting regime, replacing Circular 200/2014/TT-BTC (“Circular 200”) dated 22 December 2014.Circular 99 will take effect from 1 January 2026, and applies to financial years starting on or after 1 January 2026. Russell Bedford KTC has summarized […]
Overview of Resolution 222/225/QH15
(On the Development of International Financial Centers in Ho Chi Minh City and Da Nang) 1. General information 2. Development Objectives 3. Scope and Applicable Entities 4. Outstanding mechanisms and policies Area Key Provisions Applicable Law – Vietnamese laws apply unless otherwise specified in this Resolution. – For transactions involving foreign parties, the application of […]
Recruitment for Accounting Services Staff
KTC Auditing Co., Ltd. (Russell Bedford KTC) was established in 2006 by auditors from Big 4 firms. Since 2010, we have been an official member of Russell Bedford International – a leading global network of firms providing audit, accounting, tax and business advisory services. People are our greatest asset and the key factor in Russell […]
KTC TAX TALK – Key notes for corporate Income Tax finalization 2025
Russell Bedford KTC is pleased to organize an online Tax Talk to provide updates on the latest changes in Corporate Income Tax (CIT) regulations, with the participation and insights from experts in the fields of Taxation and Accounting. Starting from 1 October 2025, the Law on Corporate Income Tax 2025 officially takes effect, marking a […]
Increasing Tax Audit & Inspection activities substantial transfer pricing risks
Russell Bedford KTC would like to provide you with an important update on the current tax audit and inspection landscape, particularly for enterprises with related party transactions both within and outside Vietnam. Increased Tax Audits/Inspections Recently, tax authorities nationwide have been comprehensively and decisively intensifying their audit and inspection activities. These inspections not only review […]
Mitigating risks for Small and Medium-sized enterprises “SMEs”
In today’s turbulent global economy, navigating business risks is crucial. While large corporations often have ample resources, Small and Medium-sized enterprises (SMEs) are particularly vulnerable to challenges. This article explores the unique risks SMEs face and outlines essential strategies for building resilience, from securing cash flow and clarifying internal roles to fortifying supply chains and […]
