Transfer Pricing Inspections in Vietnam: High-Risk Indicators and Common Violations
Transfer pricing inspections have become a key focus of the Vietnamese tax authorities as multinational group structures and cross-border transactions become more common. Enterprises engaging in related-party transactions are required to comply with Vietnam’s transfer pricing regulations, including disclosure obligations and the preparation of supporting documentation under Decree 20/2025/ND-CP.
Vietnamese tax authorities increasingly apply risk-based screening methods to identify companies that may warrant closer examination. Certain financial patterns and transaction structures (such as persistent losses, significant related-party payments abroad, or unusually low profitability compared with industry peers) may trigger transfer pricing audits.
Vietnam’s Personal Income Tax Law 2025: Impact on Vietnamese Taxpayers in 2026
Vietnam’s Personal Income Tax Law 2025 marks a major reform to the country’s PIT framework, taking effect from 2026. Key changes include increased personal and dependent deductions, simplified progressive tax brackets, expanded tax exemptions, new taxable income categories and targeted incentives for high-tech personnel, startups and green economy activities. This article outlines the practical impacts for employees, individual taxpayers and businesses operating in Vietnam, and highlights compliance considerations ahead of implementation.
Vietnam Year-End 2025 Tax Compliance: Key CIT, PIT and VAT Requirements and Deadlines
Vietnam’s 2025 year-end tax finalisation is a transitional compliance year following major legislative changes to the Corporate Income Tax regime. This guide outlines key deadlines for Corporate Income Tax (CIT), Personal Income Tax (PIT) and VAT filings, required forms and submission requirements, penalty exposure and practical considerations for companies and income-paying organisations operating in Vietnam.
Vietnam’s New Corporate Income Tax Rules: Key Changes Under Decree 320
Decree 320/2025/ND-CP provides detailed guidance on Vietnam’s new Corporate Income Tax Law from December 2025. This article outlines key changes affecting taxable income, loss offsetting, real estate transfers, capital transfers, incentives, and compliance obligations for enterprises operating in Vietnam.
Invoice Issuance Timing in Vietnam: 2026 Rules and Penalty Framework Explained
Incorrect invoice issuance timing remains one of the most common tax compliance risks for businesses operating in Vietnam. While often unintentional, errors frequently arise from confusion between payment timing, revenue recognition, and statutory invoicing requirements.
This publication explains Vietnam’s core invoice issuance principles under Decree 123/2020/ND-CP and its amendments, together with the significantly revised administrative penalty framework introduced by Decree 310/2025/ND-CP, effective from 16 January 2026.
Vietnam’s Most Common Tax Risks: The Six Errors That Lead to Back Taxes and Penalties
In Vietnam’s increasingly data-driven tax environment, even minor compliance gaps can lead to significant back taxes, penalties, and audit exposure. Tax authorities now routinely cross-check e-invoices, supplier data, VAT filings, and financial statements, making previously overlooked errors far more visible.
This article outlines the six most common tax risks faced by enterprises in Vietnam — explaining how they arise, when they are typically identified during inspections or audits, the financial and legal consequences, and practical steps businesses can take to mitigate exposure. From non-deductible expenses and invalid VAT invoices to invoice timing errors and data mismatches, understanding these risks is essential for strengthening internal controls and maintaining audit readiness.
Vietnam Labour Compliance: Essential Internal HR Documents
Vietnam’s amended Investment Law allows foreign investors to establish economic organisations prior to obtaining an Investment Registration Certificate (IRC), subject to applicable market access conditions. This reform is designed to streamline market entry, shorten licensing timelines, and enhance administrative efficiency for foreign investment procedures.
Update: Foreign Investors Permitted to Establish Companies in Vietnam Before Obtaining IRC Under Amended Investment Law
Vietnam’s amended Investment Law allows foreign investors to establish economic organisations prior to obtaining an Investment Registration Certificate (IRC), subject to applicable market access conditions. This reform is designed to streamline market entry, shorten licensing timelines, and enhance administrative efficiency for foreign investment procedures.
Vietnam Reduces 38 Conditional Business Activities Under New Investment Law Amendments (Effective 2026)
Vietnam has enacted the Law on Investment (Amendment) 2025, marking one of the most substantial reforms to conditional business activities in recent years. The amendments remove 38 conditional business lines, revise 20 others, and introduce new prohibitions—including electronic cigarettes and heated tobacco products. From 1 March 2026 (with some provisions from 1 July 2026), Vietnam will shift toward a more streamlined regulatory framework, reducing pre-operation licensing and moving many sectors toward published business requirements with post-inspection oversight. These changes signal the Government’s ongoing commitment to simplifying market entry and improving the investment environment for both domestic and foreign investors.
Global Minimum Tax in Vietnam: How GMT Reshapes Tax Incentives for Multinational Investors
Vietnam’s introduction of the Global Minimum Tax (GMT) under Decree 236 marks a critical shift for multinational groups operating in the country. While corporate income tax incentives remain legally available, their financial value is increasingly neutralised under the new 15% minimum effective tax rate requirement. This page summarises the real impact of GMT on Vietnam’s tax incentives, outlines key risks for in-scope multinational enterprises, and provides strategic insights for reassessing investment structures, compliance obligations, and tax planning under the new rules.