The Vietnam Tax Policy Updates for February 2026 have been officially released, marking a significant shift in the regulatory framework for VAT, CIT, FCT, and tax administration procedures. For FDI enterprises operating in Vietnam, staying closely aligned with these Vietnam Tax Policy Updates is the key to maintaining compliance, optimizing cash flow, and preparing for future tax audits.
1. Value Added Tax Updates
Advertising Revenue from YouTube Subject to 10% VAT Rate
According to Official Letter No. 1068/CT-CS issued on February 12, 2026, the information in the Vietnam Tax Policy Updates clarifies the VAT obligations for digital content creators:
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Period before July 1, 2025: In cases where a company receives revenue sharing (typically 55%) from Google (YouTube) through video uploads, this total income is identified as revenue from advertising activities. Accordingly, the enterprise is mandatory to declare and pay VAT at a rate of 10%.
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Period from July 1, 2025 onwards: VAT policies will be strictly applied according to the Law on Value Added Tax No. 48/2024/QH15. Businesses should pay special attention to invoice and document conditions to correctly apply these new regulations.
2. Corporate Income Tax & Foreign Contractor Tax
Reforming Documentation Procedures for International Transactions
This month’s Vietnam Tax Policy Updates record significant efforts in reducing administrative procedures related to CIT and FCT:
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FCT Compliance: An important change is the abolition of the requirement to submit copies of business licenses or practice certificates of foreign contractors to the tax authorities. Instead, taxpayers only need to store these documents at the enterprise’s headquarters for tax administration inspection purposes upon request.
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CIT Finalization: The tax administration authority has issued new general declaration forms for CIT and host country profits, helping to simplify calculations for petroleum activities (including forms 03-1A, 03-1B, 03-1C/TNDN).
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Collateral Assets: Quarterly tax declaration dossiers for credit institutions declaring on behalf of taxpayers with collateral have also been officially abolished, helping to reduce the periodic reporting burden.
3. Personal Income Tax Updates
Significant Simplification of Family Circumstance Deduction Dossiers
A prominent highlight in the Vietnam Tax Policy Updates this time is the reduction of unnecessary paperwork for PIT from salaries and real estate transfers:
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PIT from Salaries & Wages: Employees and businesses no longer have to submit copies of tax deduction documents if the paying organization has sent full electronic data to the tax administration system.
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Dependent Registration: Separate dependent registration forms (Form 07/DK-NPT-TNCN, 07/THDK-NPT-TNCN) are officially abolished. Instead, this information will be integrated directly into the individual’s first-time tax registration process.
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Real Estate Transfer: Dossiers are simplified to the maximum by removing the requirement to submit copies of identity cards (CCCD) and notarized transfer contracts. Taxpayers only need to provide simple photocopies instead of originals or certified copies as before.
4. Land Use Tax & Petroleum Activities
New Forms to Improve Management Efficiency
To improve efficiency in tax administration, the Vietnam Tax Policy Updates have introduced updated forms:
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Non-agricultural Land Use Tax: A new declaration form has been issued, allowing taxpayers to directly register for tax exemption or reduction on the declaration without having to prepare a separate dossier as previously required.
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Petroleum Sector: Natural resource tax, CIT, and host country profits have now been consolidated into general declaration forms for both provisional calculation and year-end finalization, creating data synchronization.
5. Tax Administration: Penalty Framework under Decree 310
Effectively starting from January 16, 2026, Vietnam Tax Policy Updates emphasize the amendments in Decree No. 310/2025/ND-CP. This decree changes the face of tax administration activities through:
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Invoice Penalties: Adjusting the fine bracket for acts of issuing invoices at the wrong time or failing to issue invoices according to regulations.
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Aggravating Circumstances: Clearly defining “large-scale” violations based on the number of violating invoices or the total amount of tax evaded (including VAT, CIT, etc.).
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Right to Accountability: Updating new procedures allowing taxpayers to exercise their right to accountability before official administrative sanction decisions are issued.
6. Transitional Provisions for 2026
Understanding the transition period is the most critical part of the Vietnam Tax Policy Updates to avoid systematic errors:
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For the 2025 Tax Period: Businesses continue to perform declaration and finalization according to the old forms prescribed in Decree 126/2020/ND-CP and Circular 80/2021/TT-BTC.
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For Tax Periods from 2026 onwards: All new forms mentioned in this Vietnam Tax Policy Updates newsletter regarding VAT, CIT, and FCT will officially become mandatory.
Conclusion
The updates in the Vietnam Tax Policy Updates for February 2026 show a clear trend: Simplifying administrative procedures while tightening tax discipline through digitalization. Proactively adjusting to these new regulations is a vital factor for every business.
At Vina TPT, we specialize in handling complex situations related to VAT, CIT, and FCT. Our team of experts is always ready to ensure that your tax administration processes are fully compliant with the latest changes from the Vietnam Tax Policy Updates.
Contact Vina TPT today for professional tax advice!
