According to Official Letter 2169/TPHCM-QLDN3 (March 2026) issued by the Ho Chi Minh City Tax Department, the regulations on tax incentives under Resolution 198/2025/QH15 and Decree 20/2026/ND-CP have been clarified: Foreign-invested enterprises (FDI), even if they meet the criteria…
From July 1, 2025, numerous outdated legal documents will be amended, supplemented, or replaced by new legal provisions that are more aligned with the country’s development goals. Among them, the Law on Enterprises 2020 has been revised and supplemented…
In 2026, the activity to set up an enterprise is receiving much attention, especially regarding tax incentive policies, including the business license fee (license tax). License tax is simply understood as the tax level that businesses must pay annually…
Resolution No. 198/2025/QH15, regulating a number of special mechanisms and policies aimed at developing the private economy, was approved by the National Assembly of the Socialist Republic of Vietnam at its 15th session, 9th session on May 17, 2025.…
On May 12, 2020, the Government issued Resolution No. 68/NQ-CP with the goal of reducing and simplifying at least 20% of regulations and compliance costs related to business activities in the period of 2020-2025. In particular, this Resolution aims…
Following nearly forty years of economic reforms, particularly during the period of extensive international integration and openness, Vietnam’s private sector has emerged as a dynamic force. From a modest economic component, the private sector has grown exponentially in scale,…
