On 10 December 2025, Vietnam National Assembly enacted its new Personal Income Tax (PIT) Law No 109/2025/QH15, introducing major reforms. The changes aim to simplify the tax structure, revise deductions, adjust progressive brackets, update rates for irreg

Vietnam has taken a bold step in reshaping its corporate tax landscape. On 14 June 2025, the National Assembly passed Law No. 67/2025/QH15, amending the Corporate Income Tax (CIT) Law with wide-reaching implications for both domestic and foreign enterpris

On June 11, 2024, the Ministry of Finance in Vietnam unveiled a new draft of the Corporate Income Tax (CIT) law for public consultation. This draft introduces significant changes designed to simplify the tax system and address various challenges encounter

Organisations and individual taxpayers in Vietnam should be aware of the guidance outlined by the Vietnam Ministry of Finance and General Department of Taxation when completing annual finalisations.

The Vietnamese Government formally released Resolution 954/2020/UBTVQH14 on 2 June 2020 to implement reductions in Personal Income Tax for Vietnamese taxpayers for the 2020 tax year, as part of the effort to stimulate the economy.

The taxation compliance obligations of a company in Vietnam are time consuming and complicated, especially in comparison to more developed countries.