Category: News

KTC Tax Talk – 30.07.2026 – “Updates on Newly Effective Tax Regulations”

A series of new tax regulations officially taking effect on 01 July 2026, are comprehensively changing the governance methods and compliance obligations of business organizations. The Tax Authority’s strong shift towards an automated, technology-driven compliance monitoring model, coupled with stricter management of e-commerce tax and e-invoices, requires businesses to proactively review their operating systems to […]

Vietnam’s New Transfer Pricing Framework: Key Highlights of Decree No. 255/2026/NĐ-CP

On 30 June 2026, the Vietnamese Government officially issued Decree No. 255/2026/NĐ-CP, regulating tax administration for enterprises engaging in related-party transactions. Effective from 1 July 2026 and applicable to the 2026 Corporate Income Tax (CIT) period onwards, the Decree replaces Decree No. 132/2020/NĐ-CP and Decree No. 20/2025/NĐ-CP, introducing a number of important updates to Vietnam’s […]

Tax Payment Deferrals Explained: Key Highlights of Decree No. 245/2026/NĐ-CP

On 27 June 2026, the Vietnamese Government officially issued Decree No. 245/2026/NĐ-CP, providing tax payment deferrals and land rental payment extensions for eligible taxpayers during 2026. The policy aims to support businesses and business households by easing short-term cash flow pressures while encouraging continued economic recovery. Although the Decree offers valuable financial relief, businesses should […]

Detailed Guide: How to Complete and Submit the Annual Healthcare and Occupational Accident Reports – Deadline: 5th July, 2026

Pursuant to the directives under Official Dispatch No. 10165/SNV-VLATLĐ (dated 6th June, 2026, issued by the HCMC Department of Internal Affairs regarding the occupational accident status report for the first 6 months of 2026), and Official Dispatch No. 2807/TTKST-SKCĐ-MT-BNN (dated 15th June, 2026, issued by the HCMC Department of Health – Ho Chi Minh City […]

KTC Tax Talk – Essential Notes for Tax Audit and Inspection

Constantly evolving tax regulations in recent years have made it increasingly difficult for businesses to avoid compliance errors — even unintentional ones. At the same time, tax authorities are utilizing technology increasingly to cross-check data, detect anomalies, and intensify tax audits, inspections, and penalty enforcement on a broad scale. Many businesses only recognize their exposure […]

[Webinar] Condominium management: Accounting & TAX Solutions under the Housing Law 2023

As the Housing Law 2023 (No. 27/2023/QH15) officially took effect on January 1, 2025, regulations on condominium operations have been significantly tightened. Coupled with stricter tax enforcement by Tax Authorities, financial management at Boards of Management (BOM) and Management Boards (MB) is facing immense pressure regarding accountability and strict compliance. The lack of consistency in […]

Related Party Transactions: Risk Control Ahead of the Tax Audit & Inspection

As tax authorities tightening transfer pricing management under Decree 132/2020/ND-CP (as updated by Decree 20/2025/ND-CP), FDI enterprises and global corporations are facing increasing compliance pressures. Failure to accurately declare these transactions not only leads to administrative penalties but also carries the risk of significant tax reassessment. 1. What are Related Party Transactions? Related party transactions […]

Viet Nam personal Income Text overview (2026 updated)

A Quick Reference Guide for Employers and Employees Personal Income Tax (PIT) in Vietnam is determined based on an individual’s tax residency status. Accordingly, the tax calculation mechanism distinguishes between residents and non-residents. For income from wages and salaries, residents are subject to a progressive tax rate schedule. Conversely, other income sources such as investment […]

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 (%) […]