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.
Establishing a Company in Malaysia
The Companies Act 2016 (“CA 2016”) has significantly modernised the landscape of doing business in Malaysia, moving closer to the ease of business found in jurisdictions like Singapore. By simplifying the incorporation process to a single director/shareholder model and digitizing the submission via My Corporate Identity (“MyCoID”), Malaysia remains an attractive jurisdiction for corporate structuring.
Navigating the Banking Landscape in Malaysia: A Guide for Foreigners and Foreign-Owned Companies
For foreign investors and expatriates, Malaysia offers a sophisticated financial infrastructure regulated by Bank Negara Malaysia (BNM). However, while incorporating a company or obtaining a work visa has become streamlined, opening a bank account remains one of the most rigorous steps in the setup process.
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.
Vietnam’s New Accounting Regulations for 2026
Circular 99/2025/TT-BTC introduces Vietnam’s most significant accounting changes in a decade. Our free publication covers how the new principles-based regime affects foreign-invested enterprises, internal controls, chart of accounts, documentation, functional currency, and 2026 transition requirements.
Singapore Compliance Calendar 2026 | Key Corporate Deadlines
A clear, practical guide to Singapore’s 2026 compliance requirements, covering key deadlines for corporate filings, tax submissions, GST, CPF, and worker levies. Designed to support structured, year-round regulatory planning.
Internal Controls: Vietnam’s New Requirement under Circular 99/2025/TT-BTC
Circular 99/2025/TT-BTC significantly overhauls Vietnam’s accounting system, where it replaces Circular 200 from 1 January 2026 and introduces a new chapter and mandatory requirements for corporate transparency and accountability.
Among its most important updates is the mandatory establishment of internal governance and internal control systems for all enterprises, which is a requirement that will fundamentally reshape how businesses manage their accounting and financial operations.
2026 Vietnam Compliance Calendar
Stay ahead of Vietnam’s compliance obligations with Alitium’s 2026 Vietnam Compliance Calendar, providing a practical companion for finance, HR, and corporate teams managing tax, labour, and investment reporting across the year.
Personal Income Tax Deduction Increase in Vietnam from 1 January 2026
Effective 1 January 2026, Vietnam will increase personal income tax (PIT) deductions under Resolution 110/2025/UBTVQH15, marking the first adjustment since 2020. The monthly deduction for individual taxpayers rises to VND 15.5 million and for each dependent to VND 6.2 million. This change reduces the taxable income base, providing meaningful relief for employees and families while aligning with the Government’s cost-of-living policies.
Employers and payroll teams must update systems, tax-withholding procedures, and dependent registration processes to ensure compliance. The increase also offers an opportunity for proactive tax planning and payroll review ahead of the 2026 tax year.
Vietnam Raises Regional Minimum Wages from 1 January 2026: Decree 293/2025/ND-CP
Effective 1 January 2026, Vietnam will increase regional minimum wages under Decree 293/2025/ND-CP, replacing Decree 74/2024/ND-CP. The adjustments raise monthly wages by VND 250,000–350,000 across all regions and increase caps for unemployment insurance contributions. Employers should update payroll, contracts, and budgets to ensure compliance and reflect new salary floors.