Tax & Legal updates - Issue May 2025

Stay up to date with the latest tax guidance from Vietnam’s authorities, featuring key updates on Corporate Income Tax (CIT), Personal Income Tax (PIT), Value Added Tax (VAT), and other important regulations released in May 2025.

Highlights include:

1. Corporate Income Tax (CIT)

Investment incentives in areas affected by administrative boundary changes
Depreciation for internally transferred fixed assets
CIT incentives and deductibility of factory rental expenses
Expense treatment for asset renovation and upgrades
CIT incentives for projects adjusting business lines pre-operation

2. Personal Income Tax (PIT)

Required documents for dependent registration for family deductions
Income classification under service contracts with organizations

3. Value Added Tax (VAT)

VAT rates applicable to office leasing and short-term accommodation

4. Others

Submission procedures for tax exemption/reduction under Double Taxation Agreements (DTA)

Download the full documents below to gain insights into the provisions.

Documents

[ENG] Forvis Mazars in Viet Nam_ Tax & Legal Newsletter_Issue May 2025

Download pdf 1.15MB

[VIE] Bản tin Forvis Mazars Việt Nam_ Cập nhật Thuế & Pháp lý_Tháng 5, 2025

Download pdf 1.23MB

Contacts

Minh Nguyen Partner, Head of Advisory

Detailed profile

Da Nguyen Partner, Tax

Detailed profile

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