Decree 398/2026/NĐ-CP sets out details of National Assembly Resolution 43/2026/QH16: businesses with annual revenue of no more than 10 billion VND in 2026 and 2027 can cut 30% of the corporate income tax (CIT) they must pay. Revenue for eligibility includes financial income and other income, plus revenue of dependent units and business locations; a business formed from a split after the resolution took effect cannot claim the cut if the total revenue of the post-split businesses exceeds 10 billion VND. Businesses already enjoying other tax incentives get the cut calculated on tax payable after those incentives are deducted. Businesses expecting revenue of no more than 10 billion VND can self-determine the reduction when making quarterly provisional CIT payments, but if actual revenue exceeds the threshold, they cannot claim it and must declare and pay in full. Individual business owners with revenue of no more than 10 billion VND can similarly cut 30% of personal income tax (PIT) in 2026 and 2027, declaring via Form No. 01 and paying the difference if revenue exceeds the threshold.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Doanh nghiệp cần lưu ý gì để được giảm 30% thuế thu nhập?
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 11/03/2026 | 1,699.62 |
| Change that session | -0.65% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- 30% Tax Cut: Over 81% of Enterprises and 99.98% of Household Businesses Benefit
The government has issued a decree guiding the National Assembly's resolution on cutting personal income tax and corporate income tax, effective from 29 October. Under it, household businesses and enterprises with annual revenue of up to 10 billion VND get a 30% reduction in tax for this year and next; if revenue exceeds 10 billion VND, they must pay back the reduced tax. Taxpayers determine the reduction themselves when paying tax quarterly or per declaration period, and for 2026, reductions not yet declared will be applied at annual finalization. According to the Ministry of Finance, 99.98% of household businesses and about 81.11% of enterprises are eligible. The policy is expected to reduce state budget revenue by about 6,700 billion VND over 2026–2027.
- Businesses and household businesses get a 30% income tax reduction at each filing period
Decree 398, issued on 30/10, lets businesses and household businesses with annual revenue of no more than 10 billion VND cut income tax by 30% when they file or make provisional payments each period, for tax years 2026 and 2027, effective from 29/10. Revenue for eligibility includes all activities in the year, including branches and business locations; if it exceeds 10 billion VND, the reduction must be repaid, and the supplementary tax is not subject to late-payment interest for that period. Businesses already receiving tax incentives can take an additional 30% cut on tax still payable after those incentives. The policy covers income tax only, not VAT. The Ministry of Finance estimates a revenue loss of about 6,700 billion VND over two years, and about 99.86% of individuals and household businesses and 81.1% of enterprises would qualify at the 10 billion VND threshold.
- Three - quarters of small business owners delay having kids or buying houses over tax fears
A survey of 500 small and medium-sized businesses in the UK by Money.co.uk found that 77% have delayed a personal financial decision, such as buying a home, having children or retirement planning, due to uncertainty over the Budget. Some 65% worry that a rise in business taxes could force their firm to close within 12 months, as most businesses borrow while interest rates remain elevated compared with the pre-pandemic era. If taxes rise, 57% of owners said they would raise prices, 39% would pause growth or expansion, and 29% would stop hiring. Energy and utility bills are the biggest cost pressure, cited by 54% of owners, and the Budget measures they most often wanted were cuts to energy costs and a reduction or overhaul of business rates, each at 17%.
- Finance Minister: Businesses with Clean Tax Debt to Be Dissolved Within 12 Hours
Finance Minister Ngo Van Tuan said he has directed that businesses be dissolved within 12 hours once they have cleared their tax obligations, following comments on the draft Law on Development of Small and Medium-sized Enterprises. He said the EU added Vietnam to its tax blacklist in early 2026, then moved it to the grey list, and will conduct a review in Q1 2028 to decide whether to remove it from the list of non-cooperative jurisdictions. About 2.8 million tax codes are in status 03 or 06, with over 2 million remaining to be cleaned up through special policies. The Ministry of Finance proposes writing off licence-tax arrears and late-payment penalties up to the end of 2025 and cutting late-filing penalties by 30-70%. Deputy Nguyen Hai Long cited nearly 292,000 businesses that have ceased operating but not completed dissolution and proposed an automatic termination mechanism.
- Rolling out the red carpet for 'eagles', creating conditions for millions of 'sparrows' to grow
On October 29, the National Assembly debated the Law on Development of Small and Medium Enterprises, with delegate Phan Thị Thùy Linh noting that SMEs make up over 98% of all businesses. A Ministry of Finance review cited in the debate found that only about 9% of nearly 500 surveyed SMEs had accessed and benefited from support policies. Delegate Nguyễn Hữu Toàn asked for quantitative criteria on access to capital and proposed that the three-year tax exemption run from the first year a business earns taxable profit rather than from registration. Delegate Đào Chí Nghĩa identified the main barriers as lack of collateral, weak financial reporting and no viable long-term business plans. Delegate Trịnh Thị Tú Anh noted that tax exemptions do not directly improve cash flow for firms without tax liabilities, calling for clarity on how many firms truly benefit.
- Proposal to cut late tax filing penalties by up to 70% for dormant businesses
The Ministry of Finance proposes cutting late tax filing penalties by 30–70% for businesses that have ceased operating but have not closed their tax code, or that no longer operate at their registered address, under a draft special-policy resolution open for public comment. The reduction is 70% if missing returns are filed by 30/6/2027, 50% from 1/7/2027 to 31/12/2027, and 30% from 1/1/2028 to 30/6/2028; household businesses using the declaration method would pay half the penalty, while those on lump-sum tax are proposed to be exempt. The ministry also proposes waiving returns for periods with no tax obligations, and the policy would not apply to cases already penalised or under investigation for tax or invoice fraud. For an illustrative business not operating at its registered address for 10 years, the estimated total payable to close its tax code is 55 million VND, of which about 23 million VND is late-payment penalties. Over 753,000 taxpayers are in these statuses for more than 10 years, about 25% of all taxpayers in the two statuses; among the roughly 287,000 enterprises and organisations in this group, 172,147 have no outstanding tax debt, about 60%.
Related markets
Latest news
- SpaceX Could Match Google’s 27-Year Data Center Buildout In 18 Months, Outpace Even Chinese Rivals: SemiAnalysis
SemiAnalysis says SpaceX (SPCX) could build data center capacity matching Google's nearly three-decade buildout in just 18 months, reaching 13 GW by 2027 after raising its target from 10 GW. The firm has identified more than 9 GW of sites, including 3.6 GW under construction, and says SpaceX's build times of about five months at MiniHard and a targeted four months at Gun Range are far faster than the typical 8–12 months. However, it flags a possible power shortfall above 300 MW at Colossus 2, as tracked generation capacity of more than 8 GW falls short of over 9 GW of planned data center capacity. SpaceX's AI business includes Anthropic's May agreement to use all of Colossus 1's capacity and Google's access to about 110,000 GPUs, with a combined annual contract value of $26 billion. SPCX rose nearly 4% to $141.31 on Tuesday, its second straight gain, though it is down 12% year to date.
- Microsoft (MSFT) Deepens Enterprise AI Networking Partnership
Microsoft and Lumen Technologies expanded their co-selling agreement to focus on AI-ready cloud networking for enterprises. The collaboration targets large organizations running distributed AI workloads on Microsoft Azure, with integrated connectivity, security and data services, while Lumen will align its network and security offerings with Azure for unified governance of enterprise AI agents and applications. The article notes the deal supports Azure's role as a home for distributed AI projects, but rival alliances from Amazon or Google could still compete for those workloads, and pressure on utilisation, margins and regulatory scrutiny remains.
- 1Finity, a Fujitsu Company, Announces Availability of Full-Stack Enterprise AI-Native vRAN Solution
1Finity, a Fujitsu company, announced availability of a full-stack AI-Native vRAN solution that helps mobile network operators earn revenue from AI services and deliver private wireless networks to enterprises. The stack combines 1Finity's open vRAN software and O-RAN compliant radio units, AI servers from QCT and Supermicro running NVIDIA AI Aerial, Aible's no-code platform for building and operating AI agents, and Armada's Bridge for multi-tenant orchestration, security and billing. At its core is shared NVIDIA GPU infrastructure supporting both AI and RAN workloads, which the companies say improves resource utilization, lowers costs and speeds time to market compared with separate compute environments.
- Russia Warns of a “Bad Winter” and a Painful Paradox in Europe
Gazprom CEO Aleksey Miller warned that European gas prices could double and exceed $2,500 per 1,000 cubic meters, citing record-low storage levels. European underground gas storage is only about 74% full, the lowest since 2009 and well below the five-year seasonal average of 86%, while Germany stands at about 61.6%. Equinor CEO Anders Opedal also acknowledged storage is at its lowest seasonal level since 2011, and wholesale gas prices hit a near four-year high above 108 USD/MWh in late October. Household gas prices in Germany rose 55% this year, and some fertilizer, chemical and steel producers have cut output, while energy majors such as Shell posted profits of $12.1 billion from July to September 2026. Brussels is pressing ahead with bans on Russian gas, with long-term LNG contracts prohibited from January 2027 and pipeline contracts expected to end in late 2027.
- How much does Doji 9999 gold cost per tael today, November 4, 2026?
As of 7 a.m. on November 4, 2026, Doji listed SJC gold bars at 13.76 to 14.06 million VND per tael (buy-sell), down 60,000 VND per tael on both sides from the previous morning. Doji's Hưng Thịnh Vượng 9999 round gold rings traded at 13.55 to 13.95 million VND per tael (buy-sell). The article notes that the prices are for reference only and may change during the day.
- THE KOREA INDUSTRY DAILY: ROBOTWORLD 2026 to Spotlight Physical AI and AI-Driven Manufacturing With 402 Exhibitors From 17 Countries
ROBOTWORLD 2026 runs November 4 to 7 at KINTEX in Goyang, South Korea, with 402 companies from 17 countries across 1,198 booths, focusing on Physical AI and AI-driven manufacturing. The accompanying conference features 36 sessions on November 4 and 5 covering manufacturing, humanoid robots and mobility. According to the International Federation of Robotics, global industrial robot installations hit a record 603,307 units in 2025, up 11%, with Asia accounting for 76% (457,315 units). Korean firms Rainbow Robotics, Neuromeka and Samhyun will show humanoid robots, control technology and an autonomous transport robot with payloads of up to 3 metric tons. Business programs include export matchmaking on November 4 to 6, a market-entry seminar on November 5 and Global Scale-up Day on November 6 for SMEs and startups.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.