| 1 |
General Validity of the Decree |
Fully replaces Decree No. 65/2013/ND-CP and all subsequent amendments on PIT. |
July 1, 2026 |
| 2 |
Income from Salaries, Wages & Business Activities of Resident Individuals |
Applies new regulations, tax brackets, and calculation methods comprehensively under this Decree. |
Entire 2026 tax year (Declarations filed in early 2026 under the old law will be adjusted during the 2026 annual tax finalization) |
| 3 |
Mid-shift & Lunch Meal Allowances |
Raises the maximum tax-exempt threshold to 1.2 million VND per person per month. |
July 1, 2026 |
| 4 |
Deductions for Medical and Educational Expenses |
Introduces two new deductions:
• Domestic medical treatment expenses (within Health Insurance list): up to 23 million VND/year.
• Domestic education/training expenses (kindergarten to university/vocational): up to 24 million VND/year.
Provided that all requirements regarding documents, certificates, and invoices are met
as per regulations.
Individuals who incur these deductions must directly file their personal income tax return with the tax authorities for consideration and application of these deductions. |
2026 tax year (applied during annual tax finalization) |
| 5 |
Voluntary, Supplementary Pension & Life Insurance |
Increases deductible contribution limit to 3 million VND/month (combined employer and employee contributions). Insurance companies will withhold 10% upon maturity. |
Premiums paid from January 1, 2026 |
| 6 |
E-commerce & Digital Platform Business |
Platform operators with online ordering/payment functions must withhold, declare, and remit taxes on behalf of individual sellers. |
July 1, 2026 |
| 7 |
New Taxable Assets |
Adds taxation on:
• Carbon credit transfers and auctioned license plates (5% tax rate on income exceeding 20 million VND per transfer).
• Digital/encrypted assets (0.1% tax rate). |
July 1, 2026 |
| 8 |
Incentives for Tech Talent & Startups |
• 5-year PIT exemption for salaries of high-tech/digital industry talent (AI, semiconductors, chips, etc.).
• PIT exemption on income from capital investments into startups/venture capital funds.
• PIT exemption on salaries of startup support experts. |
July 1, 2026 (calculated continuously from the month exempt income arises) |
| 9 |
Tax Exemption for Open-ended Fund Certificates |
PIT exemption on capital gains from transfers, provided certificates are held for at least 2 consecutive years. Applies to certificates purchased before July 1, 2026 as well. |
Transfers from July 1, 2026 |
| 10 |
Tax Reduction on Investment Fund Dividends |
50% PIT reduction on dividends/profits distributed from securities and real estate investment funds. |
July 1, 2026 – June 30, 2031 |
| 11 |
Tax Threshold Adjustments (Prizes, Royalties, etc.) |
Raises taxable income threshold to amounts exceeding 20 million VND per occurrence (previously 10 million VND). Applies to winnings, royalties, franchises, inheritances, and gifts. |
July 1, 2026 |
| 12 |
Tax Withholding Threshold for Occasional Income |
Income payments ≥ 5 million VND per occurrence subject to 10% withholding tax. Payments below 5 million VND may be withheld at 10% upon individual request. |
July 1, 2026 |
| 13 |
PIT Exemption for Overtime, Night Shifts & Untaken Leave Wages |
• PIT exemption for wages/salaries earned from night-shift or overtime work under labor laws.
• PIT exemption for wages/salaries paid for untaken annual leave days (per Clause 3, Article 113 of the 2019 Labor Code). |
January 1, 2026 |
| 14 |
Income Threshold for Qualifying Dependents |
Average monthly income from all sources of a dependent must not exceed 3 million VND. |
January 1, 2026 |
