Vietnam tax & legal updates
You will find here all the issues of our "Vietnam Spotlight" newsletter related to the recent Tax, Legal and Accounting updates.
To receive Forvis Mazars Vietnam regular Tax & Legal Updates via newsletter emails:
Vietnam Circular 20/2026/TT-BTC: Key CIT updates on deductible expenses, incentives & foreign contractors
16 March 2026
On 12 March 2026, the Ministry of Finance issued Circular No. 20/2026/TT-BTC, which applies retrospectively to the 2025 finalisation period. For CFOs, tax directors and finance teams in Vietnam, the Circular signals a clear shift toward tighter documentation, stricter enforcement and greater taxpayer accountability.
Tax & Legal updates - Issue January 2026
Stay up to date with the latest tax guidance from Vietnam’s authorities, featuring key updates on Corporate income tax (CIT), Value added tax (VAT), Foreign contractor tax (FCT) and other important regulations released in January 2026.
Vietnam Tax & Labour Compliance Calendar 2026
Managing your corporate taxes and compliance obligations can be challenging, but staying informed is essential to avoid penalties and late fees. To help businesses meet their deadlines efficiently, we are excited to introduce the “2026 Tax and Compliance Calendar” in English and Vietnamese.
Change in VAT refund for imported goods that are re-exported as returns
21 January 2026
On 30 December 2025, the Customs Department issued Official letter No. 45806/CHQ-NVTHQ to provide guidance to regional Customs sub-departments on NOT refunding VAT for imported goods that are re-exported and returned to overseas suppliers. This letter refers to the provisions of Law No. 48/2024/QH15 (the 2024 VAT Law) and Decree No. 181/2025/ND-CP (guiding the implementation of the 2024 VAT Law).
Key updates under new Law on Personal Income Tax (“PIT”) No. 109/2025/QH15
On 10 December 2025, the National Assembly officially passed the Law on Personal Income Tax (“PIT”) No. 109/2025/QH15, replacing the Law on PIT No. 04/2007/QH12 passed in 2007. The new Law introduces amendments to a number of regulations concerning taxpayers, taxable income, tax-exempt income, tax reductions, and the basis for PIT calculation.