Decree 398/2026/NĐ-CP sets out detailed rules for Resolution 43/2026/QH16 on reducing personal income tax and corporate income tax for individuals and enterprises, taking effect on 29/10/2026 and applying to the 2026 and 2027 tax years. Resident individuals running production or business activities with annual revenue of no more than 10 billion VND can cut 30% of the personal income tax payable on that business income, covering individuals who register household businesses or authorized household business representatives, regardless of the tax calculation method. Revenue is determined under Decree 68/2026/NĐ-CP, as amended by Decree 141/2026/NĐ-CP. Businesses expecting revenue within the threshold declare the reduction using Form No. 01 with their quarterly, half-year or annual tax filings; if they have not declared it, they may file amended or supplementary returns or claim it at annual tax finalization. The decree also covers the 30% reduction for withholding, substitute filing and payment agents for household businesses.
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Original headline: Từ nay, tất cả các cá nhân, hộ kinh doanh có doanh thu dưới 10 tỷ đồng chính thức đón tin vui
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Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/30/2026 | 1,741.62 |
| Change that session | -0.80% |
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