On December 10, 2025, the National Assembly officially voted to approve the amended Personal Income Tax Law. This important law will take effect from July 1, 2026, bringing groundbreaking changes to the tax schedule, personal deductions, and regulations for business households. Below is a detailed summary of the most prominent new points that your business needs to update immediately: 1. Reducing the progressive tax rate to only 5 tiers   Previously, the progressive tax schem

In an increasingly competitive business environment, cost management is a decisive factor in tax obligations and is directly related to the financial matters of the enterprise. The Law on Corporate Income Tax (CIT) 2025 has provided specific regulations on deductible and non-deductible expenses, to ensure transparency and fairness in determining taxable income. As a legal consulting - tax consulting unit, TXINDECO Company would like to send to your business a summary of non-d

From July 1, 2025, the value of any goods must have a non-cash payment document From July 1, 2025, according to new regulations in  the amended Law on Value Added Tax  2024 and related guiding documents, requirements for  non-cash payment documents  will be tightened. This will directly impact businesses, business households, and organizations that incur large input costs. For goods and services purchased each time costing ≥ 5 million VND , a non-cash payment document is requ