On November 26, 2024, the Vietnamese National Assembly passed the Law on Value Added Tax 2024 (replacing the Law on Value Added Tax 2008). This law will take effect from July 1, 2025. Accordingly, many important regulations on VAT…
Transferring money when receiving value-added tax (VAT) invoices is one of the important changes in tax administration in Vietnam, especially affecting enterprises and individuals engaged in business activities. This regulation aims to increase transparency, prevent tax losses and more…
Effective July 1, 2025, the Law on Value Added Tax (VAT) 2024 officially comes into force, replacing the VAT Law 2008. One of the significant changes is the mandatory bank transfer for VAT input tax credit. In the article…
(updated Decree 181/2025/ND-CP) From July 1, 2025, according to Decree 181/2025/ND-CP, enterprises purchasing goods/services worth 5 million VND or more must pay by bank transfer to be eligible for VAT deduction. This regulation promotes non-cash payments, increases transparency, and…
In production and business activities, value-added invoices (VAT) are not only important documents for accounting and tax work but also a legal basis for determining financial obligations to the State. One of the key contents that businesses need to…
In the modern economy, tax is an important tool for the State to regulate the market, create revenue for the budget, and promote socio-economic development. Among the current taxes, value added tax (VAT) is one of the most common…
