DECREE
AMENDING AND SUPPLEMENTING SOME ARTICLES OF DECREE NO. 68/2026/ND-CP REGULATING TAX POLICY FOR HOUSEHOLD BUSINESSES AND INDIVIDUAL BUSINESSES AND DECREE NO. 320/2025/ND-CP DETAILING SOME ARTICLES AND MEASURES TO ORGANIZE AND GUIDE THE IMPLEMENTATION OF THE CORPORATE INCOME TAX LAW
Based on the Law on Organization of the Government No. 63/2025/QH15;
Based on the Law on Personal Income Tax No. 109/2025/QH15;
Based on the Value Added Tax Law No. 48/2024/QH15, amended and supplemented by Law No. 90/2025/QH15 and Law No. 149/2025/QH15;
Based on the Corporate Income Tax Law No. 67/2025/QH15, as amended and supplemented by Law No. 116/2025/QH15, Law No. 127/2025/QH15, Law No. 133/2025/QH15, Law No. 141/2025/QH15, and Law No. 143/2025/QH15;
Based on the Law on Tax Administration No. 38/2019/QH14, amended and supplemented by Law No. 56/2024/QH15;
Based on the Law on Tax Administration No. 108/2025/QH15;
Based on Law No. 09/2026/QH16 amending and supplementing a number of articles of the Law on Personal Income Tax, the Law on Value Added Tax, the Law on Corporate Income Tax and the Law on Special Consumption Tax;
At the proposal of the Minister of Finance;
The Government has issued a Decree amending and supplementing a number of articles of Decree No. 68/2026/ND-CP regulating tax policies for business households and individual businesses, and Decree No. 320/2025/ND-CP detailing a number of articles and measures to organize and guide the implementation of the Corporate Income Tax Law.
Article 1. Amending and supplementing a number of articles of Decree No. 68/2026/ND-CP dated March 5, 2026 of the Government stipulating tax policy and tax management for business households and individual businesses.
1. Amend the phrase “500 million VND” to “1 billion VND” in Article 3, Article 4, Clause 1 of Article 8, Article 9, Article 10, Clause 3 of Article 11, Clauses 01 and 2 of Article 12, Clause 4 of Article 17, and Clause 3 of Article 18 of Decree No. 68/2026/ND-CP.
2. Clause 5 of Article 8 of Decree No. 68/2026/ND-CP is amended and supplemented as follows:
5. Use electronic invoices
a) Household businesses and individual businesses with annual revenue exceeding 01 billion VND must use electronic invoices with tax authority codes, and electronic invoices generated from cash registers connected to the tax authority's data system.
In cases where a household business or individual business has multiple business locations, the tax identification number of the household business or individual business should be used for all locations, and the business location code must be clearly stated on the invoice.
b) In the case of household businesses or individual businesses with annual revenue of VND 01 billion or less that meet the conditions and have a need to use electronic invoices, they can register to use electronic invoices with a tax authority code or electronic invoices generated from a cash register connected to the tax authority's data system;
c) Newly established business households and individuals as defined in Article 9 of this Decree, or business households and individuals whose revenue in the previous year was less than 01 billion VND (except for those already registered to use electronic invoices under point b of this clause) but whose revenue in the tax year exceeds 01 billion VND, must use electronic invoices with tax authority codes, or electronic invoices generated from cash registers connected to the tax authority. Business households and individuals must register to use electronic invoices within 30 days from the last day of the tax period with cumulative revenue exceeding 01 billion VND.”
Article 2. Supplementing Clause 15 of Article 4 of Decree No. 320/2025/ND-CP dated December 15, 2025 of the Government detailing a number of articles and measures to organize and guide the implementation of the Corporate Income Tax Law.
“15. Income of enterprises and organizations established under Vietnamese law with total annual revenue of VND 01 billion or less, specifically as follows:
a) The total annual revenue used as the basis for determining whether an enterprise is eligible for corporate income tax exemption is the total revenue from sales and service provision (excluding revenue deductions), revenue from financial activities, and other income as shown in the Appendix of production and business results attached to the corporate income tax return for the immediately preceding tax year;
b) If a business has been operating for less than 12 months in the preceding tax year, the total revenue for the preceding tax year is determined by dividing the actual total revenue in that tax year by the number of months the business actually operated in production and business during that tax year, and multiplying by 12 months. In the case of newly established businesses, businesses changing their business type, changing their ownership structure, merging, acquiring, splitting, or separating in any month of the preceding tax year, the operating time is calculated in full months;
c) In the case of a newly established enterprise during the tax period with projected total revenue for the tax period not exceeding VND 01 billion, the enterprise is not required to make provisional corporate income tax payments. At the end of the tax period, if the actual total revenue for the tax period exceeds VND 01 billion, the enterprise shall declare and settle corporate income tax according to regulations and will not be charged late payment penalties;
d) The tax exemption provisions in this clause do not apply to enterprises established under Vietnamese law that are subsidiaries or affiliated companies where the affiliated enterprise is not an enterprise meeting the tax exemption conditions stipulated in this clause.”
Article 3. Enforcement
This Decree takes effect from May 1, 2026.
Article 4. Transitional provisions
1. In cases where household businesses or individual businesses determine their annual revenue from the production and sale of goods and services to be 01 billion VND or less, and have already declared and paid personal income tax and value-added tax in accordance with Decree No. 68/2026/ND-CP, the tax already paid shall be processed in accordance with Article 12 of Decree No. 68/2026/ND-CP.
2. In cases where a business has already made provisional corporate income tax payments for the first quarter of 2026 and meets the conditions stipulated in Article 2 of this Decree, it is not required to make provisional corporate income tax payments for subsequent quarters. The excess tax paid may be offset, refunded, or refunded and offset in accordance with the law on tax administration.
3. In cases where the 2025 tax period ends after January 1, 2026, and the enterprise meets the conditions stipulated in Article 2 of this Decree, it shall be exempt from corporate income tax for the period from January 1, 2026, to the end of the 2025 tax period. The amount of corporate income tax exempted for the 2025 tax period as stipulated in this clause shall be equal to the total corporate income tax payable for 2025 divided by 12 months (or the actual number of months of operation in the 2025 tax period for newly established enterprises in 2025) and multiplied by the number of months of the 2025 tax period within the calendar year 2026. From the 2026 tax period onwards, the provisions of Article 2 of this Decree shall apply.
Article 5. Responsible for implementing
Ministers, heads of ministerial-level agencies, chairpersons of provincial and centrally-administered city People's Committees, and relevant organizations and individuals are responsible for implementing this Decree.