Accounting & Tax, Lasted News

30% CIT Reduction: New Tax Policy in Vietnam for 2026–2027 Tax Period

Posted on 16/09/2026 by SEN

30% CIT Reduction: New Tax Policy in Vietnam for 2026–2027 Tax Period

Vietnam has introduced a new tax relief measure for the 2026 and 2027 tax periods under Resolution No. 43/2026/QH16. Eligible enterprises and organizations established under Vietnamese law with annual revenue of no more than VND 10 billion may receive a 30% reduction in corporate income tax (CIT) payable.

The policy is intended to provide additional tax support for eligible businesses. However, the 30% reduction should not be confused with a 30% reduction in the statutory CIT rate. In practice, businesses need to determine their eligible CIT payable first, then apply the reduction in accordance with the applicable rules.

What Does Resolution No. 43/2026/QH16 Say About the Tax Reduction?

Resolution No. 43/2026/QH16 was issued by the National Assembly on 24 August 2026. The Resolution introduces tax reductions for both personal income tax (PIT) and corporate income tax (CIT) for the 2026 and 2027 tax periods as follows:

“…

2. A 30% reduction in corporate income tax payable for the 2026 and 2027 tax periods shall apply to the income of enterprises and organizations established in accordance with Vietnamese law whose annual revenue in 2026 or 2027 does not exceed VND 10 billion.

This reduction does not apply to enterprises established through the division or separation of an enterprise after the effective date of this Resolution, where the combined annual revenue of the enterprises resulting from such division or separation exceeds VND 10 billion in 2026 or 2027.

In cases where an enterprise is already entitled to tax incentives under the Law on Corporate Income Tax or other laws or resolutions of the National Assembly, the corporate income tax reduction specified in this Clause shall be calculated based on the corporate income tax payable after deducting the applicable tax incentives.”

30% CIT Reduction for Enterprises

For CIT, eligible enterprises and organizations may receive a 30% reduction in CIT payable for the 2026 and 2027 tax periods if they are established under Vietnamese law and have annual revenue of no more than VND 10 billion in the relevant tax year.

The reduction does not apply to enterprises formed through the division or separation of an existing enterprise after the Resolution takes effect if the combined annual revenue of the enterprises resulting from such division or separation exceeds VND 10 billion in the relevant year.

For enterprises already benefiting from CIT incentives under the Law on Corporate Income Tax or other laws and resolutions of the National Assembly, the 30% reduction is calculated based on the CIT payable after the applicable tax incentives have been deducted.

30% PIT Reduction for Business Individuals and Households

Resolution 43 also provides a 30% reduction of PIT payable for the 2026 and 2027 tax periods for resident individuals earning business income whose annual revenue does not exceed VND 10 billion.

Although the CIT and PIT provisions use a similar 30% reduction concept and a VND 10 billion revenue threshold, they apply to different taxpayers.

Importantly, this 30% PIT reduction applies only to PIT arising from business income. It does not apply to PIT calculated on employment income, such as salary or wages received by individuals as employees.

What Is the Current CIT Rate in Vietnam?

The 30% CIT reduction needs to be considered alongside the CIT rates currently applicable in Vietnam.

Under the 2025 Law on Corporate Income Tax, the standard CIT rate is 20%, while 15% and 17% rates may apply to qualifying enterprises based on annual revenue and other statutory conditions.

This makes it important to distinguish between two separate concepts:

CIT rate — the statutory rate used to calculate CIT liability.
30% CIT reduction — a tax relief mechanism that reduces the resulting CIT payable for qualifying businesses.

Reference: Updated 2025 | Corporate Income Tax Rates in Vietnam

Standard CIT Rate: 20%

The general CIT rate under the 2025 Law on Corporate Income Tax is 20%, unless a different rate or preferential tax rate applies.

For example:

If a company has VND 1 billion in taxable profit and the applicable CIT rate is 20%, its CIT payable before the reduction would be VND 200 million. And the company qualifies for the 30% CIT reduction under Resolution No. 43/2026/QH16, it would receive a reduction of VND 60 million (30% of VND 200 million) and would therefore pay VND 140 million in CIT.

=> In other words, the company effectively pays 70% of its applicable CIT liability. The statutory CIT rate, however, remains 20%; it is not reduced to 14%.

15% and 17% CIT Rates for Smaller Enterprises

The 2025 Law on Corporate Income Tax introduced additional CIT rates for qualifying enterprises:

Annual revenue condition	CIT rate
No more than VND 3 billion	15%
Over VND 3 billion to VND 50 billion	17%
General rate	20%

The law specifies that the revenue used to determine eligibility for the 15% and 17% rates is based on the total revenue of the immediately preceding CIT tax period, subject to the applicable rules. Certain types of income and enterprises are excluded from these reduced rates.

Businesses should therefore avoid assuming that the VND 10 billion threshold under Resolution 43 and the thresholds for the 15% or 17% CIT rates operate in exactly the same way.

Vina TPT – Accounting & Tax Services

Vina TPT provides accounting, tax and business advisory support for companies operating in Vietnam, with experience supporting foreign-invested businesses and their ongoing compliance requirements.

Our services cover accounting records, periodic tax declarations, CIT, VAT, PIT, foreign contractor tax, payroll and other tax-related compliance matters.

For businesses reviewing their tax position for the 2026–2027 tax periods, our team can support the review of applicable CIT rules, tax incentives and compliance requirements based on the company’s specific circumstances.

Need support with accounting and tax compliance in Vietnam? Contact Vina TPT to discuss your requirements.

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Accounting & Tax, Lasted News

Vietnam Tax Updates August 2026: Key VAT, CIT, PIT, Foreign Contractor Tax, Tax Administration Changes

Posted on 10/09/202614/09/2026 by SEN

Vietnam Tax Updates August 2026: Key VAT, CIT, PIT, Foreign Contractor Tax, Tax Administration Changes

Vietnam’s tax landscape continues to evolve, with several important changes and clarifications taking effect or being introduced in August 2026. This month’s updates cover key developments in Value Added Tax (VAT), Corporate Income Tax (CIT), Personal Income Tax (PIT), Foreign Contractor Tax (FCT), and tax administration.

Businesses and foreign-invested enterprises operating in Vietnam should pay close attention to these changes to stay compliant, avoid potential tax risks, and ensure timely adjustments to their tax and accounting practices.

New provisions regarding the tax period for newly established taxpayers and VAT refund applications for goods and services subject to the 5% VAT rate.

1. Tax calculation period for newly operating taxpayers

– According to Circular 89/2026/TT-BTC, updated and amended in Official Letter No. 5746/CT-CS dated August 10, 2026, newly established enterprises are allowed to default to quarterly VAT declarations. However, if the enterprise’s revenue in its first calendar year exceeds VND 50 billion (even if the enterprise has operated for less than 12 months in that financial year), it must mandatorily switch to monthly VAT declarations starting from the immediate next calendar year.

2. VAT Refund Dossier for Goods and Services subject to the 5% VAT rate

– New regulations govern the components of the input VAT refund application dossier for manufacturing goods and supplying services subject to the preferential 5% VAT rate. Accordingly, starting from the July 2026 tax period, taxpayers are required to declare the VAT refund claim directly on the VAT Return (Form No. 01/GTGT) and submit together with the Appendix on VAT Refund Claim Information (Form No. 01-8/GTGT) as the basis for the tax authority to review and process the refund request.

30% CIT Reduction for Tax Periods 2026 and 2027

According to the Resolution of the National Assembly on CIT reductions voted and approved on the afternoon of August 24, 2026, at the First Extraordinary Session of the 16th National Assembly

– A 30% reduction of CIT payable is granted to enterprises and organizations legally established under Vietnamese law with an annual total revenue of no more than VND 10 billion for the 2026 and 2027 tax periods. For enterprises currently enjoying other CIT incentives, the reduced tax amount will be calculated based on the actual CIT payable after deducting those existing tax incentives. For enterprises currently enjoying other CIT incentives, the reduced tax amount will be calculated based on the actual CIT payable after deducting those existing tax incentives. This Resolution takes effect from August 24, 2026, and applies directly to the tax periods of 2026 and 2027.

30% reduction of PIT payable for the tax periods of 2026 and 2027 for business individuals

Pursuant to Official Letter No. 7299/CTH-QLDN1 dated August 17, 2026 guiding the implementation of Decree No. 253/2026/NĐ-CP and the new PIT Law

30% reduction of PIT payable for the tax periods of 2026 and 2027 for business individuals

– Implementing a 30% reduction of PIT payable on income arising from production and business activities of resident individuals (including business households and individual businesses) with an annual revenue of no more than VND 10 billion.

Some Key Updates to Tax Administration Regulations

According to Circular 89/2026/TT-BTC updated in Official Letter 5746/CT-CS (August 10, 2026) and several new points in Circular 94/2026/TT-BTC

1. Shortening the time limit for tax payment extensions and late payment interest waivers

– The maximum time limit for tax authorities to assess and resolve dossiers requesting tax payment extensions, penalty waivers, or late payment interest waivers for enterprises is shortened from 10 working days to 07 working days.

2. Prioritizing tax refunds for highly compliant enterprises

According to the guidance in Circular No. 94/2026/TT-BTC on tax risk management, applying 3 risk levels: High risk, Medium risk, and Low risk

– High Risk: For taxpayers with high-risk tax refund dossiers, physical inspection at headquarters will be increased, with a mandatory “inspect first, refund later” approach applied to VAT, and post-refund audits conducted within 1 year.

– Medium Risk: For taxpayers with medium-risk tax refund dossiers: Within 03 years from the date of issuance of the refund decision, tax authorities will apply the “refund first, inspect later” method.

– Low Risk: For taxpayers with low-risk tax refund dossiers: Within 05 years from the date of issuance of the refund decision, tax authorities will apply the “refund first, inspect later” method.

3. General regulations on tax filing, calculation, and allocation

– Pending address changes: In case the tax filing deadline is due but the taxpayer has not completed procedures to change the headquarters address with the business registration authority or the tax office of the destination, the taxpayer must submit tax filing to the tax office of the departure location.

– Incorrect allocation: In case audits find that the taxpayer declared or allocated incorrectly, the directly managing tax authority will re-determine the amount to be allocated to the recipient provinces and handle administrative violations as prescribed (if any).

– No late payment interest on incorrect allocation: In case the taxpayer pays fully and on time but to the incorrect allocation area, the taxpayer will not have to pay late payment interest for the underpaid tax amount in the receiving allocation area. The directly managing tax authority will guide the taxpayer on performing a tax review or a refund-cum-offset procedure to adjust the revenue to the correct jurisdiction.

Amendment to the Tax Finalization Requirements upon Completion of a Foreign Contractor Agreement

Pursuant to Official Letter No. 5746/CT-CS dated August 10, 2026

VAT and CIT Tax Filing for Foreign Contractors and Foreign Subcontractors

– Amendments to the tax filing regulations for cases where Corporate Income Tax is calculated as a percentage of taxable revenue. Under the revised regulations, taxpayers are only required to submit a final tax declaration upon completion of a foreign contractor contract if there is a change (increase or decrease) in the amount of tax previously declared and paid.

– This completely abolishes the mandatory finalization obligation in all cases as previously required, and eliminates a series of accompanying documents such as Copies of the business registration certificate or professional practice license, a schedule of tax payment vouchers, the contract liquidation report, and appendices detailing the allocation of VAT payable by the foreign contractor to the localities entitled to receive the tax revenue.

Conclusion

The Vietnam Tax Updates August 2026 bring important changes and clarifications across VAT, CIT, PIT, Foreign Contractor Tax, and tax administration, including updates that may affect tax declarations, reporting obligations, and compliance procedures.

Businesses should review these changes carefully to understand how they may affect their tax compliance and reporting obligations, and make timely adjustments where necessary.

If you need assistance in interpreting these regulations or assessing their impact on your business, contact Vina TPT. Our accounting and tax professionals can provide practical guidance and support your business in maintaining compliance with Vietnam’s latest tax requirements.

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Labor & Insurance Knowledge, Lasted News

Social Insurance Code Replaced by Citizen ID Number from September 1, 2026

Posted on 27/08/2026 by SEN

Social Insurance Code Replaced by Citizen ID Number from September 1, 2026

Under Plan 3115/KH-BHXH (and Official Announcement 6877/TB-BHXH), Vietnam Social Security (VSS) is officially replacing the traditional 10-digit social insurance code with the 12-digit Citizen Identification Number (CCCD / Personal Identification Number) starting September 1, 2026. This national initiative aligns with Project 06 to streamline administrative procedures, eliminate redundant identifiers, and establish a unified digital database across Vietnam.

The transition relies on an automated background data migration. Foreign-invested enterprises (FDI) and domestic companies do not need to replace physical books manually, as the national insurance system will synchronize data directly with the National Population Database.

Will this change affect employees’ social insurance participation process?

No. The replacement of the 10-digit social insurance code with the 12-digit Personal Identification Number is strictly an administrative modernization. It will not interrupt, delay, or alter employees’ ongoing participation in social insurance (BHXH), health insurance (BHYT), or unemployment insurance (BHTN).

Continuous Benefit Accrual: All historical contribution records previously linked to the 10-digit social insurance code will automatically merge under the employee’s 12-digit Citizen ID number.
Uninterrupted Healthcare Services: Employees visiting medical facilities can present their chip-based Citizen ID, Level 2 VNeID account, or VssID application without presenting a physical health insurance card.
Parallel Lookup Support: During the migration window, VSS maintains dual-system compatibility in the background, ensuring no disruption during pension claims, maternity allowances, or sick leave payouts.

Do social insurance participants need to perform code change procedures?

No manual application or paperwork is required for workers whose personal records are already verified against the National Population Database. The national insurance portal handles the data migration automatically.

The VSS database automatically links the existing 10-digit social insurance code to the individual’s 12-digit Citizen Identification Number.

Important Exception: Manual intervention via Form TK1-TS is only required if an employee’s registered insurance file contains data discrepancies—such as mismatched full names, incorrect dates of birth, or unverified ID numbers – when cross-referenced with national population records. Employees are advised to wait until after September 1, 2026, when the synchronization process has been completed, before submitting Form TK1-TS if their information still does not match or has not been successfully updated.

Will foreign employees participating in social insurance have their codes changed?

No, this change does not apply to foreign employees. The regulation replacing the legacy Social Insurance Code with a 12-digit Citizen Identification Number applies specifically to Vietnamese citizens who hold a national Citizen ID (CCCD). Foreign employees participating in Vietnam’s social insurance system will continue to use their existing social insurance codes.

Expat Tracking Framework: Foreign expatriates working in Vietnam do not hold a 12-digit Vietnamese Citizen ID. Therefore, they will continue using their assigned 10-digit social insurance code.
Document Mapping: An expat’s insurance profile remains linked directly to their valid Foreign Passport Number, Work Permit, or Temporary Residence Card (TRC).
FDI HR Compliance: Companies operating in Vietnam must maintain two distinct database fields for payroll and compliance: local personnel (indexed by 12-digit Citizen ID) and foreign expats (indexed by 10-digit social insurance code).

What steps must businesses take to prepare for this transition?

Businesses should simply review their employees’ personal and social insurance information to ensure that their full names, dates of birth, Citizen ID numbers, and Social Insurance Codes are accurate and consistent. If any discrepancies remain after the system synchronization, the employer should take the necessary steps to update the information with the social insurance authority.

Frequently Asked Questions

Q1: How will employees look up their social insurance records after September 1, 2026?

A: Employees can query their contribution history directly on the VssID app, the VNeID portal (Level 2 identity), or the official VSS Public Service Portal using their 12-digit Citizen ID number.

Q2: Does this system shift affect enterprise VssID or I-VAN portal logins?

A: Corporate portal credentials remain active, but software interfaces will transition to primary 12-digit ID field indexing for local staff declarations.

Need expert guidance on labor compliance, payroll, or accounting tax requirements in Vietnam? Contact Vina TPT today for professional HR, payroll, and tax advisory services tailored to foreign-invested and domestic enterprises.

Accounting & Tax, Lasted News

How Recent Vietnam Tax Reforms Impact FDI Business Accounting Requirements

Posted on 26/08/202626/08/2026 by SEN

Vietnam business accounting and tax landscape is undergoing sweeping structural reforms between 2025 and 2026. Foreign Direct Investment (FDI) enterprises must align with five critical regulatory shifts: Decree 70/2025/ND-CP (e-invoicing rules), Circular 99/2025/TT-BTC (new accounting framework replacing Circular 200), the 2024 Value Added Tax (VAT) Law (effective July 1, 2025), the 2025 Corporate Income Tax (CIT) Law No. 67/2025/QH15, and the 2025 Personal Income Tax (PIT) Law.

This guide examines the business impacts of Vietnam’s 2025–2026 tax and accounting reforms on foreign-invested firms under Vietnamese Accounting Standards (VAS).

Key Overview: Recent Tax & Accounting Regulatory Reforms in Vietnam
5 Major Ways Tax Reforms Directly Affect FDI Business Accounting Requirements
Comprehensive Business Accounting Services Tailored for FDI Enterprises
Frequently Asked Questions

Key Overview: Recent Accounting and Tax Regulatory Reforms in Vietnam

The General Department of Taxation (GDT) and the Ministry of Finance (MOF) in Vietnam are rapidly accelerating digital tax administration, big-data cross-reconciliation, and international compliance integration. The modern regulatory environment leaves zero margin for record-keeping delays or bookkeeping discrepancies.

For foreign-invested enterprises operating across Ho Chi Minh City (TPHCM), Hanoi, and key industrial zones, tax and accounting compliance is no longer a passive administrative routine. Regulatory compliance directly influences cash flow timing, profit repatriation, transfer pricing audit exposure, and corporate reputation. Understanding the full scope of informational and navigational requirements across legislative mandates is essential for maintaining tax health and operational continuity in Vietnam.

Timeline of Critical Accounting and Tax Changes (2025–2026)

01/06/2025 — Decree 70/2025/ND-CP: Amends e-invoice regulations, enforcement mechanisms, data submission timing, and mandatory invoice contents. Introduces strict cut-offs for customs-linked transaction recording.
01/07/2025 — Law on VAT 2024 (Law No. 48/2024/QH15): Officially comes into force, tightening input VAT deduction criteria, mandating non-cash payment verification, and restricting VAT refund eligibility for export-import and investment projects.
01/10/2025 — Law on CIT 2025 (Law No. 67/2025/QH15): Takes effect for the 2025 tax year onwards, overhauling deductible expense conditions, related-party transaction controls, and foreign enterprise taxation rules.
01/01/2026 — Circular 99/2025/TT-BTC: Enforces a modernized accounting system replacing the decades-old Circular 200/2014/TT-BTC framework, altering chart of accounts, foreign exchange treatments, and financial statement presentations.
01/07/2026 — Law on Personal Income Tax 2025: Officially applies to individual income tax calculations, streamlining tax brackets and adjusting personal and dependent relief thresholds.

5 Ways Accounting & Tax Reforms Impact FDI Business Accounting Requirements

The convergence of these regulatory updates shifts tax compliance from periodic reporting to real-time verification. For FDI enterprises operating in Vietnam, structural mismatches between accounting entries, bank settlement records, customs declarations, and tax filings will automatically trigger tax authority risk alerts.

Decree 70/2025/ND-CP: Stricter E-Invoice and Transaction Recording Requirements

Decree 70/2025/ND-CP fundamentally alters the operational rules governing e-invoice generation, content accuracy, and timing. One of the most vital changes for export-oriented FDI companies is the strict requirement that e-invoices for exported goods must be issued no later than the next working day after customs clearance completion.

Furthermore, Decree 70/2025 clarifies e-invoice requirements for cross-border digital services, software licenses, and complex intercompany transactions requiring multi-system data reconciliation. Accounting teams can no longer delay issuing invoices until month-end or quarter-end closing. Sales recognition, invoice logs, customs clearance timestamps, and tax declaration periods must be tightly aligned to avoid severe timing mismatch penalties.

Expert Insight (Decree 70/2025):

This is far more than an administrative “e-invoice compliance” task. For FDI enterprises engaged in import/export or cross-border intercompany service charges, an incorrect invoice issuance date directly disrupts revenue recognition timing under VAS/IFRS and invalidates 0% export VAT treatment during tax audits.

Circular 99/2025/TT-BTC: New Accounting and Financial Reporting Requirements

Effective from January 1, 2026, Circular 99/2025/TT-BTC officially replaces the long-standing Circular 200 accounting regime. This represents the most comprehensive accounting overhaul in Vietnam over the past decade, introducing updated rules for accounting vouchers, the statutory chart of accounts, general ledger posting routines, foreign-exchange difference treatments, and year-end financial statement disclosures.

Foreign-invested companies operating in Vietnam must systematically update their ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and local chart-of-accounts mapping. Simply rolling forward previous bookkeeping setups will result in non-compliant statutory financial statements, blocking profit remittance approvals from the State Bank of Vietnam (SBV) and tax authorities.

Expert Insight (Circular 99/2025):

Circular 99 is the cornerstone change for business accounting services. It directly dictates how transactions are recorded, books are closed, and statutory financial statements are compiled. FDI management must conduct an immediate ERP chart-of-accounts gap analysis prior to the 2026 fiscal year.

EXPLORE ACCOUNTING SERVICES FOR FDI BUSINESS

2025 Personal Income Tax Law: Major Changes to Payroll Tax Calculations

Beginning in the 2026 tax assessment year, Vietnam’s Personal Income Tax system transitions from seven progressive tax brackets down to five streamlined tax brackets. Simultaneously, the personal deduction allowance increases to VND 15.5 million per month (VND 186 million annually), and the dependent allowance increases to VND 6.2 million per month per dependent.

FDI employers employing expatriates, key foreign executives, and high-earning local personnel must reconfigure their HR payroll engine, employee tax profiles, dependent documentation archives, and monthly tax withholding logic. Given that expatriate compensation often involves gross-up packages, housing allowances, and school fee benefits, accurate PIT withholding calculations are vital to control corporate payroll costs.

Expert Insight (2025 PIT Law):

With foreign experts and senior management earning high income packages, the shift in progressive tax brackets directly recalibrates net compensation, tax gross-up expenses, and monthly corporate cash flow projections. Payroll accounting must be seamlessly integrated with corporate tax compliance.

2025 Corporate Income Tax Law: Greater Focus on Taxable Income and Deductible Expenses

The 2025 Corporate Income Tax Law (No. 67/2025/QH15), effective October 1, 2025 and applicable to the 2025 tax year, establishes stringent conditions for deductible expenses, taxable income determination, tax incentive eligibility criteria, and foreign contractor income taxation. Foreign-invested businesses face heightened documentation standards for intercompany management fees, technical consulting services, trademark royalties, and interest deductions under transfer pricing rules (Decree 132/2020/ND-CP framework).

Accounting teams must establish robust internal controls to substantiate economic substance, benefit tests, and direct transfer pricing documentation for all related-party transactions prior to year-end tax finalization.

Expert Insight (2025 CIT Law):

For FDI companies, CIT compliance extends far beyond multiplying accounting profit by 20%. The core challenge lies in proving that overseas parent company charges—such as regional management fees, IT allocations, and royalty fees—are fully deductible under Vietnamese tax rules with adequate supporting dossier proof.

2025 Value Added Tax Law: Stricter Input VAT Deduction and Payment Controls

Enforced from July 1, 2025, the 2024 VAT Law drastically tightens input VAT deduction rules. Most notably, the statutory threshold for mandatory non-cash payment documentation is reduced from VND 20 million down to VND 5 million (VAT-inclusive) for any purchase transaction. Furthermore, transaction aggregation rules prevent split-invoicing tactics designed to bypass bank transfer requirements.

Under these stricter rules, tax officers will automatically disallow input VAT deductions and corresponding CIT expense deductions if payment records fail to match the official corporate bank account of the issuing vendor.

Expert Insight (2025 VAT Law):

In daily accounting practice, accountants cannot merely verify whether an e-invoice is authentic on the GDT portal. They must perform a 3-way match: valid e-invoice + compliant non-cash payment proof + transaction contract/delivery note. Any flaw in payment evidence will trigger input VAT clawbacks and tax interest penalties.

Vina TPT: Comprehensive Business Accounting Services Tailored for FDI Enterprises

Vina TPT is a premier business consultancy and accounting firm operating in Ho Chi Minh City (TPHCM) and key economic hubs across Vietnam. We specialize in empowering Foreign Direct Investment (FDI) companies, foreign contractors, and multinational branches to navigate Vietnam’s complex regulatory environment with absolute financial clarity and 100% legal compliance.

Our tailored business accounting services bridge the critical gap between international financial management standards (IFRS/US GAAP) and mandatory Vietnamese statutory requirements (VAS, Circular 99/2025, GDT tax laws).

Why Leading FDI Enterprises Choose Vina TPT:

Full-Scope VAS & IFRS-Compliant Bookkeeping: Accurate monthly bookkeeping and statutory financial reporting under Vietnamese Accounting Standards (VAS) and IFRS upon request, delivered with comprehensive monthly management reports and dedicated bilingual accounting professionals.

Periodic VAT Compliance & Filing: Complete preparation and timely filing of monthly or quarterly Value Added Tax (VAT) returns.

Payroll Processing & Social Insurance Management: End-to-end payroll administration, precise salary calculations, gross-up tax modeling, and seamless handling of mandatory Social Insurance (SI/HI/UI) compliance and employee profiles.

PIT Calculation & Periodic Tax Filing: Compliant Personal Income Tax (PIT) computation for both local and expatriate employees, dependent registrations, and preparation of periodic PIT declarations and annual tax finalizations.

FDI Investment & Statutory Reporting: Timely preparation and submission of mandatory periodic investment activity reports to foreign investment authorities (MPI/DOIT), ensuring strict regulatory compliance for FDI projects.

Back-Office & Document Administration: Comprehensive operational support including e-invoice issuance, systematic archiving of physical and digital accounting vouchers, and management of statutory business records.
Proactive Tax Advisory & Regulatory Updates: Continuous monitoring and real-time updates on new tax and accounting regulations, backed by proactive advisory support to resolve operational queries and shield your business from compliance risks.

Frequently Asked Questions (FAQ)

1. How do the 2025 CIT incentives affect newly established FDI companies in Vietnam?

The 2025 CIT Law maintains tax incentives (e.g., 10-17% preferential tax rates, tax holidays, and 50% reduction periods) for targeted sectors like high-tech, green energy, and encouraged industrial zones. However, FDI firms must meet strict substance rules, investment capital disbursements, and accurate VAS accounting tracking under Circular 99 to retain these tax incentive benefits.

2. What are the mandatory tax filing deadlines for FDI enterprises in Vietnam?

FDI companies must submit monthly VAT and PIT returns by the 20th of the following month (or quarterly by the last day of the month following the quarter). Annual CIT finalization, PIT finalization, and audited financial statements prepared under VAS must be submitted within 90 days from the end of the fiscal year.

3. Can a foreign-invested company in Vietnam use 100% IFRS for statutory tax reporting?

No. All companies legally incorporated in Vietnam are strictly required to maintain statutory accounting records and submit tax returns in accordance with Vietnamese Accounting Standards (VAS) and Circular 99/2025/TT-BTC. While parent companies may request IFRS management reports, VAS remains the sole legal basis for local tax compliance and profit remittance.

Need Professional Accounting & Tax Support for Your FDI Business?

Contact Vina TPT today for a free consultation and customized solution tailored to your compliance needs!

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Company Formation, Lasted News

Mandatory FDI Reports in Vietnam: Key Requirements for FDI Businesses – Updated July 2026

Posted on 14/08/202625/08/2026 by SEN

When operating in Vietnam, foreign-invested enterprises (FDI companies) often prioritize tax filings, financial statements, and regular accounting requirements, but may overlook FDI reporting obligations. Unlike standard tax and accounting reports, FDI reports have specific requirements regarding both the information to be declared and the applicable deadlines. Failure to submit these reports on time or providing inaccurate investment information may lead to administrative penalties, complicate procedures involving the Investment Registration Certificate (IRC), and expose the company to compliance risks. In this article, Vina TPT summarizes the key mandatory FDI reports and their submission deadlines throughout the year, helping accounting, HR, and legal teams stay organized and comply with Vietnam’s investment regulations.

1. What Is an FDI Report and Which Businesses Are Required to Submit It?

1.1. What Is an FDI Report? What Types of FDI Reports Are Required?

FDI reports are reports that foreign investors and foreign-invested economic organizations (FDI enterprises) implementing investment projects in Vietnam are required to prepare and submit to the competent authorities on a periodic basis or upon the occurrence of certain events. These reports provide information on the implementation and operation of investment projects, including capital disbursement, business performance, employment, state budget obligations, research and development activities, environmental matters, and other sector-specific indicators.

Depending on the type of report, businesses may be required to submit FDI reports on a quarterly, semi-annual, or annual basis, or before making certain adjustments to their investment projects. Therefore, “FDI reports” do not refer to a single reporting form, but rather to a group of reporting obligations related to the investment activities of foreign-invested enterprises in Vietnam.

1.2. Which Businesses Are Required to Submit FDI Reports?

Under Vietnam’s current Investment Law, the following entities are required to fulfill FDI reporting obligation

Newly Established Foreign-Invested Enterprises: Enterprises in which foreign investors hold between 1% and 100% of the charter capital.
Businesses Implementing Investment Projects: Enterprises that take over investment projects or receive capital contributions from, or acquire shares or ownership interests from, foreign investors.
Enterprises Operating Under an Investment Registration Certificate (IRC): Any investment project issued with an IRC is subject to investment monitoring and reporting obligations.

Special Cases: Newly established enterprises that have not yet generated revenue, projects still in the basic construction stage, or businesses undergoing procedures for temporary suspension of operations are still required to submit FDI reports. The report should reflect the actual figures available at the time of filing, with zero reported for items that have not yet arisen. This reporting obligation only ends when an official decision is issued to terminate the investment project.

2. What Types of FDI Reports Must Businesses Submit and When?

2.1. Report on the Implementation of the Investment Project

In addition to financial reporting obligations, enterprises and investors are subject to investment project implementation reporting requirements pursuant to Decree No. 96/2026/ND-CP dated March 31, 2026, of the Government.

Submission Method: Reports must be submitted online through the National Investment Information System at fdi.gov.vn. Enterprises should use their assigned account to log in and fulfill their reporting obligations in accordance with applicable regulations. If an account has not yet been issued, the enterprise must submit an account registration form to the email address provided by the relevant Management Board to obtain login credentials and submit the required reports.

Enterprises are subject to two primary reporting periods:

Quarterly Report: The report must be submitted by the 10th day of the first month of the quarter following the reporting quarter. The report covers the following information:

Investment Capital Actually Contributed
Net Revenue
Export and Import Activities
Employment Situation
Taxes and Other Amounts Payable to the State Budget
Status of Land and Water Surface Use

Annual Report: The report must be submitted by March 31 of the year following the reporting year. The annual report includes:

Investment Performance
Investment Performance
Employee Income
Expenses
Investment in Scientific Research and Technology Development
Environmental Protection and Treatment Activities
Origin of the Technology Used

2.3. Investment Monitoring and Evaluation Report

In addition, businesses must fulfill investment monitoring and evaluation reporting obligations in accordance with Decree No. 19/2026/ND-CP, Decree No. 96/2026/ND-CP, and Circular No. 44/2026/TT-BTC dated April 22, 2026, issued by the Ministry of Finance.

According to Official Letter No. 113, businesses are required to use Form No. 13 – Report on Investment Project Implementation Monitoring and Evaluation (Quarterly and Annual), issued together with Circular No. 44/2026/TT-BTC.

Submission Method: The report must be submitted online through the Ministry of Finance’s Investment Monitoring and Evaluation Information System. In cases specified under Clauses 1 and 2, Article 95 of Decree No. 19/2026/ND-CP, the electronic submission through the system may be replaced by a written report and an electronic version.

Businesses are required to submit reports during the following reporting periods:

Quarterly Report: The report must be submitted by the 10th day of the first month of the quarter following the reporting quarter.
Semi-Annual Report: The report must be submitted by July 10 of the reporting year. The reported data covers the period from January 1 through June 30 of the reporting year.
Annual Report: The report must be submitted by February 10 of the following year. The reported data covers the period from January 1 through December 31 of the reporting year.

A key point businesses should keep in mind is not to confuse investment activity reports in Vietnam with tax returns or financial statements. Although many reporting indicators may be based on data from the company’s accounting system, the primary purpose of investment reporting is to reflect the implementation status of the investment project and the company’s investment activities.

FDI reporting is an important group of compliance obligations that businesses with investment projects in Vietnam need to proactively manage alongside tax and financial reporting. Businesses should pay close attention not only to reporting deadlines, but also to identifying the correct type of report, receiving authority, required form, and consistency of the reported data.

Rather than waiting until the deadline approaches to compile the necessary data, businesses should establish a dedicated FDI reporting schedule for each investment project, assign responsible personnel, and regularly reconcile data across accounting, tax, HR, and investment records. This simple but effective approach can help minimize the risk of missed reporting obligations and maintain compliance throughout the company’s operations in Vietnam.

3. Accounting, Tax, and FDI Reporting Services for Businesses at VINA TPT

Managing an FDI enterprise involves more than maintaining accounting records and submitting tax reports on time. Businesses must also monitor their investment project obligations, FDI reporting requirements, and legal documentation throughout their operations in Vietnam.

Vina TPT offers integrated accounting, tax, and FDI reporting support for foreign-invested businesses in Vietnam, helping them manage recurring compliance requirements more efficiently and avoid the risks associated with missed filing deadlines.

How Can Vina TPT Support Your Business?

Accounting Services: Recording day-to-day business transactions, managing accounting documents and records, reconciling financial data, and keeping the accounting system complete and accurate in compliance with applicable requirements.
Periodic Tax Filing: Preparing and submitting tax returns on a monthly or quarterly basis, including Value Added Tax (VAT), Personal Income Tax (PIT), and other applicable tax obligations depending on the nature of the business.
Financial Statements and Tax Finalization: Preparing annual financial statements, handling Corporate Income Tax (CIT) and Personal Income Tax (PIT) finalization, and reconciling data before submission.
Payroll and SHUI: Calculating salaries, deductions, and social insurance (SI) obligations; supporting the preparation of required documents and handling insurance procedures in accordance with applicable regulations.
Preparation of Periodic FDI Reports: Monitoring statutory reporting deadlines, compiling and reconciling relevant data, preparing and supporting the submission of periodic FDI reports as prescribed by law, thereby reducing the risk of late filings and inconsistencies in reported information.

Labor Compliance Reporting: Assisting with required employment reports and other labor-related filings requested by the relevant authorities, helping businesses stay compliant and meet deadline

The value of professional support goes beyond simply preparing reports. It also helps businesses keep information consistent across accounting, tax, HR, and investment-related records. This is especially useful for FDI businesses that have multiple reporting requirements and frequently experience changes in their investment activities.

Not sure which FDI reports your business is required to submit? Contact Vina TPT to review the reporting obligations applicable to your investment project and receive support with preparing and submitting reports on time.

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Accounting & Tax, Lasted News

Vietnam Tax Updates July 2026: Key VAT, PIT, Transfer Pricing and E-Invoice Changes

Posted on 12/08/202612/08/2026 by SEN

Vietnam Tax Updates July 2026: Key VAT, PIT, Transfer Pricing and E-Invoice Changes

The Vietnam Tax Updates July 2026 introduce several important changes and clarifications affecting VAT declaration, input VAT adjustments, related-party transactions, transfer pricing documentation, Personal Income Tax (PIT), tax exchange rates, tax information disclosure penalties, and electronic invoices.

Businesses should pay close attention to these updates to ensure accurate tax declarations, comply with applicable reporting requirements, and manage their tax obligations effectively.

1. Regarding the application of the new Form 01/GTGT VAT return and guidance on the treatment of input VAT errors under items [37] and [38]:

Circular No. 89/2026/TT-BTC dated 30 June 2026, applicable from the July 2026 tax period or Q3/2026.

1.1 Form 01/GTGT VAT return:

– Addition of item [32b]: Goods and services sold that are not included in the value-added tax taxable price

– Addition of item [34a]: Goods and services sold that are outside the scope of the value-added tax regulations.

1.2 Guidance on the treatment of input VAT errors through items [37] and [38]:

– For goods and services purchased on deferred payment or installment terms with a purchase value of VND 5 million or more, the business shall declare and reduce the deductible input VAT corresponding to the portion of the purchase value for which no non-cash payment supporting document is available in item [37] of the tax period in which the payment obligation arises under the contract or contract appendix, without filing a supplementary tax return. If, after such adjustment, the business obtains a non-cash payment supporting document, it may declare and deduct the input VAT corresponding to the portion of the purchase value supported by the non-cash payment document in item [38] of the tax period in which such document is obtained.

– Where a taxpayer discovers an error or omission in the input VAT previously declared and deducted, the adjustment shall be declared in item [37] or [38] of the month or quarter in which the error or omission is discovered if declaring the adjustment in the month or quarter in which the erroneous input VAT arose would reduce the tax payable or would only increase or decrease the input VAT credit carried forward to the following period, without filing a supplementary tax return.

– Where the buyer receives an adjusted invoice or replacement invoice in the cases prescribed in Clause 5, Article 10 of Circular No. 91/2026/TT-BTC dated 30 June 2026 of the Ministry of Finance, the adjustment shall be declared in item [37] or [38] of the tax period in which the adjusted invoice or replacement invoice is received, without filing a supplementary tax return.

– Where a taxpayer changes its VAT calculation method from the credit method to the direct method based on revenue, the taxpayer shall declare a reduction of any remaining uncredited input VAT in item [37] of the final tax period before changing the VAT calculation method, without filing a supplementary tax return.

2. Regarding related-party transactions

Another important area covered by the Vietnam Tax Updates July 2026 is related-party transactions and transfer pricing.

Official Letter No. 4697/CT-CS dated July 9, 2026, issued by the Tax Department, introduces key changes and provides guidance on the implementation of Decree No. 255/2026/ND-CP dated June 30, 2026.

2.1 Related Party Relationship (Article 5)

A related-party relationship has been expanded to include borrowing and lending arrangements in a manner similar to loan transactions under Point l, Clause 2, Article 5 of the Decree, as follows:

“An enterprise that engages in transactions involving the transfer or receipt of capital contributions representing at least 25% of the owner’s contributed capital during the tax period; or that borrows, lends, receives on loan, or provides on loan an amount equivalent to at least 10% of the owner’s contributed capital at the time the transaction arises during the tax period with an individual who manages or controls the enterprise, or with an individual having a relationship specified in Point g of this Clause.”

2.2 Exemption from preparing Transfer Pricing Documentation (Point c, Clause 2, Article 20)

– The Decree increases the revenue threshold for taxpayers eligible for exemption from preparing Transfer Pricing Documentation to less than VND 500 billion, while removing the requirement that the taxpayer must operate under a “simple functional profile.”

Previously, taxpayers were required to satisfy all four of the following conditions to qualify for the exemption: (i)Conducting business with a simple functional profile; (ii)Not generating revenue from, incurring expenses related to, or utilizing intangible assets; (iii) Having annual revenue below VND 200 billion; (iv) Achieving the prescribed net profit margin applicable to the relevant business sector.

– The increase in the revenue threshold and the removal of the “simple functional profile” criterion are intended to broaden the scope of low tax-risk taxpayers eligible for the exemption, simplify the application requirements, and reduce compliance costs and administrative burdens for taxpayers.

3. Key Changes to PIT Declaration and Finalization.

Circular No. 89/2026/TT-BTC dated June 30, 2026, also introduces changes to Personal Income Tax declaration and finalization.

3.1 Changes to tax declaration forms, notably Form 05/KK-TNCN

– Additional categories of tax-exempt income:

[26] Income from performing scientific, technological, and innovation-related tasks.

[27] Income of experts supporting innovative start-ups in accordance with regulations.

[28] Other tax-exempt income.

– Addition of item [32] Taxable income = [33] + [34].

– Addition of item [35] Personal income tax required to be withheld during the period.

– Addition of item [36] Tax amount exempted during the period.

3.2 Tax finalization when employees are transferred from the former organization to a new organization.

– Where an employee is transferred from the former organization to a new organization as a result of a merger, consolidation, division, separation, or conversion of the enterprise type of the former organization, or where the former and new organizations belong to the same system, the new organization shall be responsible for conducting the tax finalization on behalf of the individual, subject to the individual’s authorization, for income paid by both the former and new organizations. The new organization shall also collect the personal income tax withholding certificate previously issued to the employee by the former organization, if any.

4. Exchange rates for tax declaration purposes applicable to exported and imported goods.

Pursuant to Article 14 of Decree No. 252/2026/ND-CP dated June 30, 2026, the exchange rate used for tax calculation for imported and exported goods shall be determined in accordance with customs regulations.

Under the regulations on exchange rates for tax calculation in the customs sector, the applicable exchange rate is the foreign currency buying rate for bank transfers quoted by the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) at the end of Thursday of the immediately preceding week.

If Thursday falls on a public holiday or non-working day, the end-of-day exchange rate of the immediately preceding working day shall be used.

This exchange rate applies to all customs declarations registered during that week.

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5. Additional administrative penalties for violations relating to the provision of information for information exchange purposes.

Decree No. 291/2026/ND-CP dated July 21, 2026, introduces additional administrative penalties for violations relating to the provision of information for information exchange purposes.

A fine ranging from VND 10,000,000 to VND 30,000,000 shall be imposed for providing information requested by the tax authority for information exchange purposes under Vietnamese law, international treaties, or international tax agreements to which the Socialist Republic of Vietnam is a member or signatory at least 5 days after the prescribed deadline.

A fine ranging from VND 30,000,000 to VND 50,000,000 shall be imposed for providing inaccurate or incomplete information requested by the tax authority for information exchange purposes under Vietnamese law, international treaties, or international tax agreements to which the Socialist Republic of Vietnam is a member or signatory.

A fine ranging from VND 50,000,000 to VND 100,000,000 shall be imposed for either of the following violations:

a) Failure to provide information within15 daysafter the expiry of the information provision deadline or the extended information provision deadline, as requested by the tax authority for information exchange purposes under Vietnamese law, international treaties, or international tax agreements to which the Socialist Republic of Vietnam is a member or signatory.

b) Colluding with or shielding taxpayersin order toobstruct the tax authority from collecting or verifying information for information exchange purposes under Vietnamese law, international treaties, or international tax agreements to which the Socialist Republic of Vietnam is a member or signatory.

Remedial measure: The violating party shall be required to provide complete andaccurateinformation in respect of the violations specified in Clause 2 and Point a, Clause 3 of this Article.

6. Regarding the introduction of new provisions under Decree No. 254/2026/ND-CP and Circular No. 91/2026/TT-BTC on electronic invoices and electronic documents.

The Vietnam Tax Updates July 2026 also include new provisions concerning electronic invoices and electronic documents under Decree No. 254/2026/ND-CP and Circular No. 91/2026/TT-BTC.

Official Letter No. 4831/CT-CS dated July 15, 2026, provides further guidance on the implementation of these regulations.

– An additional case is introduced for handling incorrectly issued electronic invoices: where the incorrect invoice is an electronic invoice generated from a cash register or an electronic invoice for the sale of goods that are assets subject to registration of ownership or usage rights, the seller shall issue a replacement invoice for the incorrect invoice.

– The regulations are amended for cases where an invoice contains errors in information such as the name, address, amount in words, or other details, but there are no errors in the tax identification number, amount stated on the invoice, tax rate, tax amount, or goods stated on the invoice. In such cases, the seller shall notify the buyer of the error in the issued invoice and is not required to reissue the invoice.

Conclusion

The Vietnam Tax Updates July 2026 bring important changes to VAT declarations, input VAT adjustments, related-party transactions, transfer pricing documentation, PIT declaration and finalization, tax exchange rates, information exchange penalties, and electronic invoices.

Businesses should review these changes carefully to determine how they may affect their tax compliance and reporting obligations.

If you need assistance in interpreting these regulations or assessing their impact on your business, contact Vina TPT. Our accounting and tax professionals can provide practical guidance and support your business in maintaining compliance with Vietnam’s latest tax requirements.

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Lasted News

Vietnam Tax Updates [June 2026] Key Changes to VAT, PIT, CIT and E-Invoices

Posted on 11/08/202611/08/2026 by SEN

Vietnam Tax Updates [June 2026] Key Changes to VAT, PIT, CIT and E-Invoices

Vietnam’s tax landscape continues to evolve in 2026, with several new regulations affecting Value Added Tax (VAT), Personal Income Tax (PIT), Corporate Income Tax (CIT), tax payment deadlines, and electronic invoices.

This Vietnam Tax Updates in June 2026 guide highlights several important tax developments that businesses and individuals should be aware of, including the VAT treatment of imported raw materials, deductible expenses related to promotional and sponsored goods, new PIT rules, extended tax payment deadlines, and changes to electronic invoice requirements.

1. Guidance on VAT Treatment for Imported Raw Materials Returned to Foreign Suppliers

According to Official Letter No. 6884/NBI-QLDN2 dated May 21, 2026, of the Ninh Binh Provincial Tax Department, the VAT treatment depends on how imported raw materials are subsequently handled.

Imported raw materials returned to foreign suppliers

Where an enterprise imports raw materials but does not use them and subsequently returns them to the foreign supplier without generating any sales revenue, the import VAT paid cannot be deducted as input VAT or refunded.

The enterprise must also adjust and reduce the corresponding input VAT in accordance with the applicable regulations.

Imported raw materials exported for sale

Where imported raw materials are not used for production but are instead exported for sale to another country, generating export revenue, the enterprise may deduct the input VAT, provided that all statutory conditions are satisfied.

However, under the current regulations, the enterprise is not entitled to a VAT refund in this case.

2. Output VAT on Promotional, Donated and Sponsored Goods Deductible for Corporate Income Tax Purposes

Pursuant to Clause 12, Article 10 of Decree No. 320/2025/ND-CP dated December 15, 2025, enterprises may deduct certain expenses corresponding to output VAT when determining taxable Corporate Income.

Specifically, an enterprise may deduct:

Expenses corresponding to the output VAT on promotional goods provided free of charge for business operations;

Expenses corresponding to the output VAT on donated goods provided free of charge for business operations; and

Output VAT payable on goods and services used for sponsorship activities.

These expenses are deductible provided that the applicable statutory conditions are satisfied.

3. Key Personal Income Tax Changes Under Decree No. 253/2026/ND-CP

Another important area covered by the Vietnam Tax Updates 2026 is Personal Income Tax (PIT).

Decree No. 253/2026/ND-CP introduces several changes affecting taxable employment income, PIT withholding, individual deductions, annual leave payments, and voluntary retirement contributions.

3.1 Mid-Shift and Lunch Allowances of Up to VND 1.2 Million per Month Are Exempt from PIT

Where an employer provides mid-shift or lunch allowances to employees in cash, only the portion exceeding VND 1.2 million per employee per month is subject to PIT.

Where the employer provides meals directly, purchases meal vouchers, or arranges meal services, these benefits are not treated as taxable income for PIT purposes.

3.2 PIT Withholding Threshold for Irregular Income Increased to VND 5 Million per Payment

Organizations and individuals paying income to resident individuals who do not have an employment contract, or who have an employment contract of less than three months, are required to withhold PIT at a rate of 10% on payments of VND 5 million or more per payment before making the payment.

For payments below VND 5 million per payment, the 10% PIT withholding is applied only upon the individual’s request.

3.3 New Deductions for Medical and Education Expenses

Resident individuals are entitled to additional deductions from employment income for qualified medical and education expenses, subject to the applicable conditions and limits.

The maximum deductions are:

Medical expenses: up to VND 23 million per year for qualified expenses incurred at domestic healthcare facilities;

Education and training expenses: up to VND 24 million per year for qualified expenses incurred at domestic educational institutions.

The combined maximum deduction is therefore VND 47 million per year for eligible expenses incurred for taxpayers and their dependants.

3.4 PIT Exemption for Payments in Lieu of Unused Annual Leave

Salary and wages paid in lieu of unused annual leave are exempt from PIT, provided that such payments are made in accordance with the Labour Code, the Law on Cadres and Civil Servants, and the Law on Public Employees.

3.5 Increased Deductible Limit for Voluntary Retirement Contributions

Contributions to supplementary pension insurance under the Social Insurance Law, voluntary pension insurance, and life insurance are deductible in determining taxable income, subject to the applicable conditions.

The combined deductible limit is increased to VND 3 million per month.

This limit includes both contributions made by employers on behalf of employees and contributions made by employees themselves, where applicable.

4. Extension of VAT, CIT, PIT and Land Rental Payment Deadlines in 2026

Under Article 5 of Decree No. 245/2026/ND-CP dated June 27, 2026, certain tax and land rental payment deadlines in 2026 are extended.

4.1 VAT Payment Deadline

The payment deadline for Value Added Tax, including apportioned VAT and VAT payable for each occurrence, is extended by up to five months.

The applicable deadlines are:

VAT for the May 2026 tax period: no later than November 20, 2026;

VAT for the June, July, August and September 2026 tax periods: no later than December 21, 2026;

VAT for the second quarter of 2026: no later than November 2, 2026.

This extension does not apply to import VAT.

4.2 PIT Payment Deadline for Household and Individual Businesses

The payment deadline for Personal Income Tax payable by household businesses and individual businesses is also extended by up to five months under the applicable conditions.

4.3 Provisional CIT Payment Deadlines

The payment deadline for provisional Corporate Income Tax is extended as follows:

Second-quarter 2026 provisional CIT: extended by three months, with a payment deadline of November 2, 2026;

Third-quarter 2026 provisional CIT: extended by two months, with a payment deadline of December 30, 2026.

4.4 Land Rental Payment Deadline

The payment deadline for 50% of the land rental payable in 2026 is extended by five months.

Businesses should review their tax payment schedules to determine whether they qualify for these extensions and ensure that the extended deadlines are properly applied.

5. Key Changes Under Decree No. 254/2026/ND-CP on Electronic Invoices

Electronic invoice regulations are another important part of the Vietnam Tax Updates 2026.

Decree No. 254/2026/ND-CP introduces and clarifies several requirements concerning when electronic invoices are required, invoice issuance for service contract deposits, and the information that must appear on electronic invoices.

5.1 Cases Where Electronic Invoices Are Not Required from July 1, 2026

Article 7 of Decree No. 254/2026/ND-CP provides cases where electronic invoices are not required.

These include certain activities of household businesses and individual businesses, such as:

Procurement of goods;

Real estate leasing;

Provision of digital services to overseas customers;

Lottery agency activities;

Insurance agency activities; and

Multi-level marketing agency activities.

The regulation also covers certain financial and banking transactions, capital contributions in the form of assets, internal asset transfers, lending of machinery and equipment, and transactions that are not subject to VAT declaration and payment under the applicable regulations.

5.2 No Invoice Required Upon Receipt of Deposits for Service Contracts

Article 9.2 of Decree No. 254/2026/ND-CP clarifies the timing of invoice issuance for deposits received under service contracts.

Deposits received to secure the conclusion or performance of a service contract in accordance with the 2015 Civil Code are not subject to invoice issuance at the time the deposit is received.

This new regulation extends the treatment to all service contracts, rather than limiting it to certain specified services under the previous regulations.

5.3 New Requirements for Electronic Invoice Contents

The Appendix to Decree No. 254/2026/ND-CP supplements and clarifies the required contents of electronic invoices for certain specific cases.

These include requirements applicable to:

Household businesses and individual businesses;

Petroleum trading enterprises;

Authorized electronic invoices; and

Auction sales of assets.

The Decree also provides additional guidance concerning purchaser information.

Where an individual consumer does not provide identification information, the invoice must state “Sale to Consumer” instead of leaving the purchaser information blank.

Where the purchaser is a foreign individual, the invoice must include the passport or other entry/exit document number and nationality.

Conclusion

The Vietnam Tax Updates June 2026 introduce important changes across VAT, PIT, CIT, tax payment deadlines, and electronic invoices. Understanding how these changes apply to your business is essential for maintaining tax compliance and managing your tax obligations effectively.

If you need further clarification or assistance in assessing how these updates may affect your business, contact Vina TPT. Our tax and accounting professionals can provide practical guidance and support your business in navigating Vietnam’s evolving tax regulations.

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Company Formation, Lasted News

Can Foreign Companies Use a Shared Office Address for Company Registration?

Posted on 06/08/202606/08/2026 by SEN

Can Foreign Companies Use a Shared Office Address for Company Registration?

Expanding a business into a new foreign market is an ambitious milestone, but establishing a physical presence abroad often presents immediate administrative and financial friction. One of the most critical decisions during market entry is selecting a registered legal address. For many foreign entrepreneurs, startups, and expanding multinational enterprises, committing to a traditional, long-term commercial lease before validating local operations presents unnecessary financial risk.

This brings up a fundamental compliance question: Can foreign companies legally use a shared office address for company registration?

In most major business jurisdictions in Vietnam, the short answer is yes—foreign companies can use a shared office address for corporate registration. However, full regulatory compliance depends heavily on jurisdiction-specific corporate laws, physical verification standards, and your specific line of business.

Benefits of Shared Offices for Foreign Companies Entering Vietnam

Market entry strategies require agility. Securing a traditional commercial lease typically involves multi-year commitments, substantial security deposits (often 3 to 6 months of rent), and lengthy legal reviews.

Foreign companies leverage shared office arrangements to achieve three strategic goals:

Market Validation: Testing local demand and securing business licenses with minimal upfront capital exposure.

Rapid Deployment: Incorporating an entity within days or weeks rather than waiting months for commercial build-outs.

Capital Efficiency: Allocating preserved capital toward talent acquisition, marketing, and localized product development rather than fixed overhead.

Why Foreign Companies Use a Shared Office Address for Company Registration?

An address for company registration is one of the first legal requirements when establishing a business in Vietnam. Beyond fulfilling a regulatory obligation, a compliant registered address provides a company with an official location for government correspondence, tax administration, and business licensing procedures. For many foreign investors, using a shared office as their address for company registration offers a practical balance between legal compliance and cost efficiency, allowing them to enter the Vietnamese market without committing to a long-term office lease. Choosing the right address for company registration also helps ensure a smoother incorporation process and supports future business operations.

Legal Requirements for an FDI Company’s Business Location

For foreign-invested companies (FDI), the registered office is a mandatory legal requirement under Vietnamese law. Pursuant to Article 42 of the Law on Enterprises 2020, every enterprise must have a head office located in Vietnam with a clear and identifiable address. In addition, the registered office and project location of an FDI company must comply with the Law on Investment 2025 and other sector-specific regulations where applicable. Before selecting a shared office, foreign investors should ensure that the location satisfies the following requirements:

Key legal requirements include:

A valid business address: The office must have a complete and verifiable address and be located in a property legally permitted for commercial or office use.

Lawful right to use the premises: Companies should have a valid lease agreement or other legal documentation proving their right to occupy the office. Authorities may also request documents confirming the landlord’s ownership or leasing rights.

Compliance with industry-specific regulations: Certain sectors, such as manufacturing, education, healthcare, logistics, and food services, require premises that meet additional standards relating to fire safety, environmental protection, or operational licensing.

Consistency with the Investment Registration Certificate (IRC): For FDI companies, the registered office or project location should align with the information stated in the IRC. Any change to the project location may require an amendment to the investment registration before updating the Enterprise Registration Certificate (ERC).

Many foreign investors choose a shared office during the initial market entry stage because it offers a legally compliant business address, lower operating costs, and the flexibility to scale as the business grows. However, businesses should ensure that the shared office provider is authorized to lease commercial office space and that the chosen location satisfies any additional requirements applicable to their investment project or business activities.

How Shared Offices Satisfy Statutory Address Compliance

To satisfy statutory requirements, a shared office address must meet specific legal baselines:

Commercial Zoning: The facility must be zoned for commercial enterprise, not residential use.
Right of Occupancy: The shared office provider must possess valid legal title or a master lease granting clear sub-leasing rights for corporate registration.
Physical Capability to Receive Service of Process: The location must have physical personnel available during business hours to accept legal documents and official government communication.

Key Benefits of Using a Shared Office at Vina TPT

Choosing a shared office at Vina TPT means more than renting a workstation—it means establishing your business within a professional ecosystem designed to support foreign investors and growing companies in Vietnam. Combining a fully equipped workspace with expert business advisory services, Vina TPT enables businesses to launch operations quickly while maintaining full legal compliance and operational efficiency. With over 20 years of experience supporting local and foreign enterprises, Vina TPT understands the practical challenges companies face during market entry and business expansion.

Cost-Effective Business Setup: Avoid the high upfront costs associated with traditional office leasing, furniture, utilities, and administrative staffing. A predictable monthly fee allows your business to operate professionally while preserving capital for growth.
Legally Compliant Business Presence: Operate from a commercial office suitable for business registration, providing your company with a credible address that supports legal compliance and enhances corporate credibility.
Fully Equipped Workspace: Enjoy a modern office environment with dedicated workstations, high-speed internet, meeting rooms, pantry facilities, reception support, and daily office services—everything your team needs to work productively from day one.
Integrated Business Support: Unlike conventional shared office providers, Vina TPT combines workspace solutions with professional Accounting, Tax, HR, and Corporate Advisory services. As your business grows, you can seamlessly access expert support without coordinating multiple service providers.
Ideal for Foreign Investors: Whether you are establishing a new company, testing the Vietnamese market, or expanding your regional presence, our shared office provides a flexible, professional base backed by specialists experienced in supporting FDI businesses throughout their investment journey.
Flexible and Scalable: As your business expands, you can easily upgrade from a single dedicated desk to a larger private office without changing your business ecosystem, ensuring continuity and minimal operational disruption.

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Final Verdict & Actionable Recommendations

Using a shared office as an address for company registration is a cost-effective, legally compliant, and strategically flexible solution for foreign companies entering the Vietnamese market. However, businesses should ensure the chosen address for company registration fully complies with applicable legal and regulatory requirements.

Success requires balancing upfront cost savings with rigorous compliance checks.

Expert Advisory & Next Steps for Smooth Market Entry

Audit Your Business Line: Confirm that your planned business activity does not require dedicated physical zoning or special environmental/operational licenses.
Vet the Provider: Ensure the shared office is eligible for business registration. Confirm that the provider can support legal address requirements, provide the lease agreement and landlord consent documents, and assist with tax authority inspections if requested.
Consult Local Counsel: Engage a localized corporate legal or tax adviser to confirm that regional tax authorities permit shared address registrations for foreign-invested enterprises.

By pairing a reputable shared office provider with thorough compliance preparation, foreign enterprises can establish a legitimate, flexible, and scalable international footprint positioned for long-term growth.

Need a compliant shared office for your business in Vietnam?

Contact Vina TPT today for expert advice on shared office solutions and company incorporation services. Our team will help you secure a legally compliant address for company registration, ensuring a smooth business setup process with ongoing accounting, tax, and corporate support.

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Accounting & Tax, Company Formation, Lasted News

Shared Office Vietnam: A Smart Workspace Solution for Startups and FDI Companies

Posted on 28/07/202621/08/2026 by SEN

Shared Office Vietnam: A Smart Workspace Solution for Startups and FDI Companies

Entering Vietnam’s dynamic market opens up tremendous growth opportunities for foreign investors, global startups, and multinational corporations. However, establishing an operational presence often comes with a major challenge: leasing a traditional office. High upfront capital expenditure (CapEx), long-term lease commitments, and complex administrative procedures can quickly drain valuable resources before a business even launches.

For companies with a long-term strategic vision, choosing a shared office in Vietnam offers a flexible and cost-effective alternative. It provides a ready-to-use workspace while ensuring full compliance with local legal requirements from day one.

Shared Office vs. Traditional Office vs. Coworking Space

Choosing the right office in Vietnam is about more than finding a place to work—it directly impacts your operating costs, business image, and day-to-day efficiency. Whether you’re setting up a new company or expanding your presence, understanding the differences between a Shared Office, Traditional Office, and Coworking Space will help you make the right decision.

Criteria	Shared Office	Traditional Office	Coworking Space
Primary Purpose	A fully serviced office with dedicated workstations for small teams, combined with a registered business address.	A private office leased exclusively by one company with full control over the premises.	A flexible, shared workspace designed for individuals and teams in a collaborative environment.
Workspace	Dedicated desks or private offices with shared facilities.	Entire private office customized to your business needs.	Hot desks, dedicated desks, or shared seating areas.
Business Registration	Yes. Provides legally compliant office lease documents for company registration.	Yes. Suitable for business registration with a standard office lease.	Depends on the provider. Some locations support company registration, while others do not.
Flexibility	High. Flexible terms with minimal upfront investment.	Low. Long-term lease commitments and office setup are typically required.	Very high. Daily, weekly, or monthly memberships are common.
Setup Cost	Low. Ready-to-use office with furniture and utilities included.	High. Requires office fit-out, furniture, equipment, and ongoing facility management.	Low. Membership fees generally include shared amenities.
Best For	SMEs, foreign investors, and growing businesses with 1–20 employees.	Established companies requiring complete privacy and branding control.	Freelancers, startups, remote teams, and digital nomads seeking networking opportunities.

Each office solution serves a different stage of business growth.

A Traditional Office offers the highest level of privacy and customization, making it ideal for larger organizations with stable operations and long-term office requirements. However, it also requires significant upfront investment, longer lease commitments, and additional costs for office setup and management.

A Coworking Space is best suited for freelancers, startups, and remote professionals who value flexibility and community. It provides a dynamic working environment with networking opportunities but may offer limited privacy and, depending on the provider, may not always support business registration.

For many foreign investors and SMEs entering Vietnam, a Shared Office provides the ideal balance between professionalism, flexibility, and cost efficiency. It combines a legally registered business address with fully equipped workstations, meeting rooms, reception services, and essential office facilities—all without the financial burden of leasing and managing a traditional office. This allows businesses to establish a professional presence, operate efficiently from day one, and scale their workspace as the team grows.

Legal Compliance: Can You Use a Shared Office for Business Registration in Vietnam?

One of the biggest concerns for foreign investors establishing a legal presence in Vietnam is meeting local regulatory requirements.

Under Vietnamese business regulations, every company must register a legitimate commercial business address that satisfies the legal requirements for obtaining both the Investment Registration Certificate (IRC) and the Enterprise Registration Certificate (ERC).

To ensure full legal compliance, your workspace provider should meet the following requirements:

Legally valid sublease agreement: The provider should issue a lease agreement that is legally acceptable for business registration.

Proper zoning and building approval: The building must be officially licensed for commercial business activities.

Fire safety compliance: The property should comply with Vietnam’s fire prevention and firefighting regulations and, where applicable, have been inspected and approved by the relevant authorities.

At Vina TPT Office, every workspace solution is designed to meet strict legal compliance standards, helping your business registration application proceed smoothly through the approval process.

Vina TPT Shared Office: A Complete Business Support Ecosystem

At Vina TPT, we understand that international investors need more than just office space when starting a business in a new country. Expanding into Vietnam involves navigating complex accounting, taxation, corporate legal matters, and human resources.

That’s why our shared office is more than simply a workspace rental service—it serves as the physical foundation of a comprehensive business support ecosystem. By combining flexible office solutions with professional advisory services, Vina TPT removes many of the challenges associated with market entry, enabling foreign businesses to operate safely and efficiently from their very first day in Vietnam.

Premium Amenities at Vina TPT Shared Office

Located at 5th Floor, 75/18-20-22 Hoang Sa Street, Sai Gon Ward, Ho Chi Minh City, Vietnam

Vina TPT Office offers a modern and flexible workspace for startups, SMEs, and foreign companies entering the Vietnamese market.

Situated along the scenic Hoang Sa canal, our office combines a peaceful working environment with excellent connectivity to Ho Chi Minh City’s major business districts.

Whether you’re meeting clients, collaborating with your team, or managing day-to-day operations, you’ll enjoy a productive workplace in a highly accessible location.

To help your team get started immediately, our shared office is equipped with modern infrastructure and professional administrative support, including:

High-Speed Business Internet: Secure, enterprise-grade fiber-optic internet that ensures stable connectivity for uninterrupted global operations.

Modern Meeting Rooms: Fully equipped meeting rooms featuring whiteboards and large display screens (LED TVs), ideal for client presentations, team meetings, and online conferences. Each meeting room accommodates up to 15 people.

Bilingual Reception Services: Our professional reception team communicates fluently in both English and Vietnamese, welcoming your guests and handling business mail and parcels.

Comfortable Pantry Area: A relaxing shared pantry with complimentary tea and coffee, as well as a refrigerator and microwave, creating a welcoming space for networking and informal discussions.

Why Choose Vina TPT Shared Office?

Choosing Vina TPT Office as your workspace partner gives your business more than just a place to work. It provides an integrated business ecosystem that helps you establish, operate, and grow your company in Vietnam with confidence.

Comprehensive Business Ecosystem

More than a shared office, Vina TPT Office connects your workspace with a full range of professional business services. Whether you need accounting, tax compliance, legal advisory, payroll, HR support, or company incorporation, our in-house experts are ready to assist. This integrated approach allows you to focus on growing your business while we take care of the operational and compliance requirements.

Full Legal Compliance

Doing business in Vietnam requires ongoing compliance with corporate, tax, and labor regulations. Backed by Vina TPT’s experienced accounting, tax, and legal professionals, our office solutions are designed to support your business from incorporation through daily operations. We help reduce compliance risks, avoid unnecessary penalties, and ensure your company stays on the right track as regulations evolve.

Save Time and Reduce Costs

Managing separate providers for office rental, accounting, tax, payroll, and legal support can be time-consuming and costly. With Vina TPT Office, everything is coordinated under one trusted partner. This streamlined approach reduces administrative workload, improves communication, and helps your business save both time and operational expenses.

Move In and Start Working Immediately

Our fully furnished shared office is ready for your team from day one. There’s no need to invest in office fit-outs, furniture, internet installation, or administrative setup. Simply move in and start working in a professional environment with meeting rooms, reception services, high-speed Wi-Fi, printing facilities, and other essential amenities already in place – allowing you to accelerate your market entry and preserve valuable startup capital.

How Much Does a Shared Office Cost in Vietnam?

Understanding the local market helps foreign investors estimate operating costs more accurately. Shared office rental rates in Vietnam vary depending on the location and level of service provided.

Hot Desks / Flexible Desks: USD 80–150 per month: Ideal for freelancers, independent professionals, and business travelers who need occasional access to a professional workspace.

Dedicated Desks: USD 150–250 per month: A personal workstation with a lockable storage cabinet, making it an excellent choice for growing teams that require a permanent workspace.

Private Serviced Offices: Starting from USD 500–700+ per month: Fully enclosed, secure private offices designed for branch offices or businesses that require dedicated operational space.

Vina TPT offers competitive and transparent pricing with no hidden fees, along with flexible quarterly and annual payment options to accommodate different business needs.

As an exclusive benefit, clients who use Vina TPT’s company incorporation services can enjoy complimentary access to our Shared Office while waiting for their business registration procedures to be completed. This allows businesses to reduce startup costs and begin preparing for operations even before receiving their Enterprise Registration Certificate (ERC).

Frequently Asked Questions (FAQs) About Shared Offices in Vietnam

Q: Can a 100% foreign-owned enterprise (FIE) use a shared office address to register a company in Vietnam?

A: Yes. A foreign-invested enterprise (FIE) can use a shared office as its registered business address, provided that the workspace provider offers all required legal documentation, including a valid sublease agreement, and the property is officially approved for commercial business activities by the relevant authorities.

Q: Does the Shared Office rental fee include management fees, electricity, and other operating costs?

A: Yes. The Shared Office rental fee at Vina Office is all-inclusive, covering management fees, electricity, internet, cleaning, and other standard operating costs. There are no hidden charges, so you can move in and start working immediately without worrying about additional monthly facility fees.

Q: Can I rent a Shared Office from Vina TPT without using any of its other services?

A: Currently, our Shared Office service is available exclusively to clients who are already using other services within the Vina TPT ecosystem, such as:

Company incorporation

Accounting services

Tax services

Payroll services

Corporate legal services

Other related business advisory services

This policy is designed to ensure legal compliance, operational security, and consistent service quality for all of our clients.

By supporting businesses throughout their entire journey—from company formation to daily operations—we gain a thorough understanding of each client’s legal status. This enables us to provide more effective support in managing registered business addresses, receiving official correspondence, communicating with government authorities, and handling ongoing compliance matters.

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Accounting & Tax

How to Calculate Tax on Share Transfers for Individuals – 2026

Posted on 18/06/202624/06/2026 by SEN

The method of calculating the share transfer tax for individuals is one of the core legal concepts that any shareholder must firmly grasp before executing a transaction to transfer ownership rights in a joint-stock company. Correctly understanding and accurately applying the calculation procedure not only helps individuals proactively control their financial obligations but also maximizes the prevention of severe legal risks. In practice, numerous cases of misunderstanding the nature of cash flows or delayed declaration have resulted in heavy administrative penalties and arrears of late payment interest by the Tax Authority. Therefore, strict compliance with prevailing regulations is the safest solution to protect the legitimate rights and interests of both the transferor and the transferee.

When are individuals required to pay the share transfer tax?

An individual becomes liable for tax the moment a share transfer is officially finalized, reflecting a change in company ownership. To ensure transparent tax management, current regulations clearly outline the specific scope of application for different types of enterprises:

Time of Tax Liability: The share transfer tax is calculated based on the actual time of transferring share ownership as stipulated in the transfer contract, regardless of whether the transferor has received full payment or no payment at all from the counterpart.
Distinguishing between a Joint Stock Company (JSC) and a Limited Liability Company (LLC): Under the provisions of the Personal Income Tax (PIT) Law, capital transfer activities in a joint stock company (including both public and non-public companies) are uniformly classified and managed under the category of “securities transfers”. This is completely different from the “transfer of capital contributions” in a limited liability company, where tax liability only arises when the transaction generates a profit (the transfer price is higher than the cost price).

The essence of the regulation applying a fixed tax rate of 0.1% on the share transfer price is a strict control mechanism by the State. This mechanism is established to completely restrict situations where parties intentionally declare fictitious losses, undervalue transactions, or collude to falsify sales documents for tax evasion purposes, thereby causing revenue loss for the national budget.

The Most Updated Calculation Method for Tax on Share Transfers

Point b, Clause 4, Article 2 of Circular 111/2013/TT-BTC (amended by Article 4 of Circular 25/2018/TT-BTC) stipulates the incomes subject to Personal Income Tax (PIT) as follows:

“4. Income from capital transfers

Income from capital transfers is the personal income received, which includes:

…

b. Income from securities transfers, including: income from the transfer of shares, share purchase rights, bonds, treasury bills, fund certificates, and other types of securities as prescribed in Clause 1, Article 6 of the Law on Securities. Income from the transfer of shares by individuals in joint-stock companies in accordance with Clause 2, Article 6 of the Law on Securities and Article 120 of the Law on Enterprises.”

Furthermore, pursuant to Point b, Clause 2, Article 11 of Circular No. 111/2013/TT-BTC, which was amended and supplemented by Article 16 of Circular No. 92/2015/TT-BTC, personal income derived from securities transfers is subject to personal income tax at a flat rate of 0.1% based on the transfer value per transaction.

In accordance with this provision, the personal income tax liability for share transfers is calculated on the gross transfer value per transaction, irrespective of any capital gain or loss resulting from the variance between the sale and purchase prices.

f that transaction.

For example:

Assume Mr. A owns 10,000 shares of Joint Stock Company X (par value of VND 10,000 per share, equivalent to a cost basis of VND 100,000,000). Due to cash flow requirements, Mr. A decides to transfer his entire shareholding to Ms. B.

Scenario 1 (Transfer at a profit): Mr. A sells at a price of VND 15,000 per share. The total transfer price is VND 150,000,000.

==> Personal Income Tax payable = 150,000,000 x 0.1% = 150,000 VND

Due to difficult market conditions, Mr. A accepts a loss-cutting sale at a price of 8,000 VND/share. The total transfer price is 80,000,000 VND. Despite incurring a loss of 20,000,000 VND compared to the initial cost basis, Mr. A is still required to fulfill his tax obligation:–

==> Personal Income Tax payable = 80,000,000 x 0.1% = 80,000 VND

Deadline for filing tax returns for share transfers.

Accurately determining the filing deadline is crucial to the legality of the transaction and helps individuals avoid unnecessary late payment penalties from the tax authorities. According to current tax administration regulations, the timeline for filing and paying personal income tax on share transfer activities is specifically categorized based on the transaction method as follows:

Case of self-declaration by individuals: The deadline for filing tax returns is no later than the 10th (tenth) day from the effective date of the share transfer contract.
Case of tax declaration and payment on behalf by the enterprise: If a joint-stock company performs procedures to update its shareholder list without documents proving that the transferring individual has fulfilled their tax obligations, the enterprise is responsible for declaring and paying tax on behalf of that individual. The filing deadline is no later than the time of performing procedures to change shareholder information in the Shareholder Register or the management system of the Business Registration authority.

Deadline for tax payment: The last day of the tax filing deadline is also the deadline for completing the payment of tax into the State Budget.

>>>> Related articles:

[How to Calculate Personal Income Tax 2026 in Vietnam]

[Personal Income Tax 2026: Key Changes Directly Affecting Employees]

Vina TPT’s Share Transfer Tax Consulting and Declaration Services

With extensive experience supporting various enterprises in capital transfer transactions, Vina TPT provides comprehensive tax consulting and declaration services. We assist clients from determining tax obligations to completing filing procedures in accordance with current regulations. Our team of experts ensures that the transfer process is executed smoothly, saving time while ensuring full compliance with prevailing legal requirements.

Ensuring legal compliance: Reviewing the legality of contracts and supporting documents, and committing to legally optimizing the tax payable.
Time and cost efficiency: On behalf of our clients, we complete the entire system of tax declarations, file documents directly, and liaise with the competent tax authorities, thereby minimizing the need for travel.
Mitigating administrative penalties: Closely monitoring transaction timelines to ensure timely filing, thereby maximizing the protection of investors’ capital.

Connect with our experts today via the button below for a complimentary tax document review and consultation.

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Conclusion

In summary, when executing a share transfer, individuals must remember the 0.1% tax rate applied to the transfer value (regardless of whether the transaction is profitable or results in a loss). The second key point is the tax filing deadline: tax returns must be submitted to the Tax Authority within 10 days from the effective date of the share transfer contract (or the date the change of ownership is completed in the shareholder register) to avoid late filing penalties. Proactively mastering these milestones and calculation rules is the key to ensuring that both individuals and enterprises operate safely, transparently, and sustainably.