Vietnam Tax Codes in 2025: An Explainer

Tax & Accounting

Effective February 6, 2025, Circular 86/2024/TT-BTC will replace Circular 105/2020/TT-BTC, which previously governed tax registration procedures in Vietnam.

An Introduction to Doing Business in Vietnam 2025 – New Publication Out Now
Economy & Trade

An Introduction to Doing Business in Vietnam 2025 – New Publication Out Now

This 2025 edition of An Introduction to Doing Business in Vietnam offers essential insights for companies aiming to establish or expand their business presence in this rapidly evolving market.

Vietnam’s New VAT Law: Key Compliance Guidance
Tax & Accounting

Vietnam’s New VAT Law: Key Compliance Guidance

We examine the implications of Vietnam's new Value Added Tax (VAT) Law, set to take effect on July 1, 2025, which introduces significant changes to the country's VAT regulations.

Vietnam’s New Trade Union Law: Key Changes and Foreign Workers’ Rights
Human Resources & Payroll

Vietnam’s New Trade Union Law: Key Changes and Foreign Workers’ Rights

We examine Vietnam’s New Trade Union Law, which will come into force from July 1, 2025, and is expected to bring about notable changes to protect the rights of foreign workers in Vietnam.

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Economy & Trade

Vietnam’s Carbon Market Development: Objectives and Implementation Plan Under Decision 232
Economy & Trade

Vietnam’s Carbon Market Development: Objectives and Implementation Plan Under Decision 232

Feb 04

On January 24, 2025, Vietnam’s Prime Minister issued Decision No. 232/QD-TTg, approving a project to develop the country’s carbon market.

 

Tax & Accounting

Vietnam Tax Codes in 2025: An Explainer
Tax & Accounting

Vietnam Tax Codes in 2025: An Explainer

Feb 06

Effective February 6, 2025, Circular 86/2024/TT-BTC will replace Circular 105/2020/TT-BTC, which previously governed tax registration procedures in Vietnam.

  • Vietnam’s Personal Tax Code: Key Changes under Circular 86

    Tax & Accounting Jan 29

    Circular 86 will be implemented in two phases: the first phase, effective February 6, 2025, enforces all provisions except for the use of citizen ID numbers in tax-related functions. In the second phase, starting July 1, 2025, ID numbers will officially replace tax codes.

  • Vietnam’s New VAT Law: Key Compliance Guidance

    Tax & Accounting Jan 09

    We examine the implications of Vietnam's new Value Added Tax (VAT) Law, set to take effect on July 1, 2025, which introduces significant changes to the country's VAT regulations.

  • An Overview of Vietnam’s Environmental Protection Tax in 2025

    Tax & Accounting Jan 03

    On the books since 2010, Vietnam’s Environmental Protection Tax has been a key pillar of Vietnam’s transition to a cleaner, greener economy. In this article, we break down the key details foreign investors should know.

  • Q&A: Personal Income Tax Finalization in Vietnam

    Tax & Accounting Dec 19

    We touch on some frequently asked questions on the personal income tax (PIT) finalization obligations of employers and employees in Vietnam, including deadlines.

 

Legal & Regulatory

Why Companies in Vietnam Choose to Restructure Their Businesses
Legal & Regulatory

Why Companies in Vietnam Choose to Restructure Their Businesses

Feb 05

Businesses in Vietnam, both domestic and foreign-invested, may pursue restructuring for various reasons. We discuss options under Vietnam law.

Industries

Vietnam’s Carbon Market Development: Objectives and Implementation Plan Under Decision 232
Industries

Vietnam’s Carbon Market Development: Objectives and Implementation Plan Under Decision 232

Feb 04

On January 24, 2025, Vietnam’s Prime Minister issued Decision No. 232/QD-TTg, approving a project to develop the country’s carbon market.

 

HR & Payroll

Vietnam’s Personal Tax Code: Key Changes under Circular 86
HR & Payroll

Vietnam’s Personal Tax Code: Key Changes under Circular 86

Jan 29

Circular 86 will be implemented in two phases: the first phase, effective February 6, 2025, enforces all provisions except for the use of citizen ID numbers in tax-related functions. In the second phase, starting July 1, 2025, ID numbers will officially replace tax codes.

 

Expert Guidance about Business in Asia

Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.

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Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.

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