VAT Changes in Vietnam After July 1, 2025 – What Businesses Must Know

Effective date: July 1, 2025 • Prepared by MBA Audit Firm Quick navigation Agricultural goods, fertilizers & farm machinery (→ 5%) Items moving from 5% → 10% Temporary reduction 10% → 8% (to 31 Dec 2026) Input VAT & refunds Import VAT taxable value Action checklist for businesses 1) Agricultural goods, fertilizers & farm machinery [...] [...]

Tax Q&A for Household Businesses

From Presumptive Tax to Self-Declaration: Tax Q&A for Household Businesses Source: baochinhphu.vn Starting from June 1, 2025, the application of e-invoices generated from cash registers for household businesses with annual revenue over VND 1 billion is considered an appropriate policy. However, many households are still confused and need clear guidance. The Tax Department and experts [...] [...]

Tax Obligations for Individuals – Household Businesses – Small Enterprises

Tax Obligations for Individuals – Household Businesses – Small Enterprises (Updated regulations effective from June 2025) Comparison Table of Tax Obligations Applicable in the case of real estate rental by individuals, household businesses, and small enterprises (Criteria based on Article 5, Decree 80/2021/ND-CP on classification of small enterprises). No. Criteria Individual Household Business Small Enterprise [...] [...]

INDIVIDUALS RENTING HOUSES – BUSINESSES NEED TO PAY ATTENTION

📄 Individual House Rental – Can Companies Deduct Rent Expense for Tax? [...]

Decree 70/2025 on Invoices and Documents: Key Updates to Note

Decree 70/2025 on Invoices and Documents: Key Updates to Note Decree 70/2025 on Invoices and Documents: Key Updates to Note Decree 70/2025/ND-CP introduces significant changes to invoicing regulations. Businesses must update promptly to ensure compliance and avoid legal risks. Let MBA Audit Firm walk you through the highlights! 1. Scope of Application The Decree expands [...] [...]