{"id":5941,"date":"2026-03-21T17:30:27","date_gmt":"2026-03-21T17:30:27","guid":{"rendered":"https:\/\/vietnammanual.com\/?p=5941"},"modified":"2026-03-23T10:12:57","modified_gmt":"2026-03-23T10:12:57","slug":"new-tax-and-accounting-policies-effective-from-jan-1-2026-part-2-vat-law","status":"publish","type":"post","link":"https:\/\/vietnammanual.com\/vi\/2026\/03\/21\/new-tax-and-accounting-policies-effective-from-jan-1-2026-part-2-vat-law\/","title":{"rendered":"New Tax and Accounting Policies Effective from Jan 1, 2026 (PART 2: VAT Law)"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"5941\" class=\"elementor elementor-5941\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-67b5a630 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"67b5a630\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-65f67308\" data-id=\"65f67308\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5285dcd1 elementor-widget elementor-widget-text-editor\" data-id=\"5285dcd1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Vietnam has implemented significant tax and accounting reforms to address previously unresolved concerns, thereby incentivizing further investment and doing business in Vietnam. This Article outlines changes in Law No. 149\/2025\/QH15 (called the VAT Law 2025) effective from 1 January 2026.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>There are 3 key changes under the VAT Law 2025 including:<\/p>\n<p><strong style=\"font-size: 16px;\">1.Items not required to declare and pay VAT<\/strong><\/p>\n<p><!-- \/wp:list --><!-- wp:paragraph --><\/p>\n<p>Businesses that purchase products from cultivated crops, planted forests, livestock farming, aquaculture, or wild-caught fisheries that have not been processed into other products, or have only undergone simple preliminary processing, and sell them to other businesses, are not required to declare, calculate, and pay VAT.<\/p>\n<p><strong style=\"font-size: 16px;\">2 New annual revenue threshold for individual and household businesses<\/strong><\/p>\n<p><!-- \/wp:list --><!-- wp:paragraph --><\/p>\n<p>Vietnam\u2019s amended VAT Law regulates the annual revenue threshold for business individuals and households exempt from VAT from VND 200 million to VND 500 million.<\/p>\n<p><strong style=\"font-size: 16px;\">3. Regulations on VAT refunds<\/strong><\/p>\n<p><!-- \/wp:list --><!-- wp:paragraph --><\/p>\n<p>Under the VAT Law 2024, an additional condition for VAT refunds was introduced, requiring sellers to have fulfilled their VAT declaration and payment obligations for input invoices on which buyers seek a refund. This measure point imposes significant administrative burdens on businesses and the VAT Law 2025 abolishes this requirement.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p><em>Among 3 amendments above, the first and third ones can have impact on Foreign invested enterprises. To get the original and English translated the VAT Laws 2024 and 2025, just email to <strong>consulting@vietnammanual.com.<\/strong><\/em><\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f0cde1f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f0cde1f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f51347a\" data-id=\"f51347a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2685b0a elementor-widget elementor-widget-heading\" data-id=\"2685b0a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">VIETNAM MANUAL TEAM, 25Dec2025<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Vietnam has implemented significant tax and accounting reforms to address previously unresolved concerns, thereby incentivizing further investment and doing business in Vietnam. This Article outlines changes in Law No. 149\/2025\/QH15 (called the VAT Law 2025) effective from 1 January 2026.<\/p>","protected":false},"author":1,"featured_media":6005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[253],"tags":[],"class_list":["post-5941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-taxation-in-vietnam"],"_links":{"self":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/5941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/comments?post=5941"}],"version-history":[{"count":16,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/5941\/revisions"}],"predecessor-version":[{"id":6006,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/5941\/revisions\/6006"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/media\/6005"}],"wp:attachment":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/media?parent=5941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/categories?post=5941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/tags?post=5941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}