Publications

ATAX provides an unofficial English translation of Law No. 09/2026/QH16 dated 24 April 2026, amending and supplementing several articles of the Law on Personal Income Tax, the Law on Value Added Tax, the Law on Corporate Income Tax and the Law on Special Consumption Tax. The Law authorizes the Government to set the revenue thresholds below which household businesses, individual businesses and enterprises are not subject to tax, and adjusts the special consumption tax rates on battery electric vehicles. Articles 1, 2 and 3 apply from 1 January 2026. For reference only; the Vietnamese text is legally binding: view the original.

THE NATIONAL ASSEMBLY — Law No. 09/2026/QH16 — Hanoi, 24 April 2026

LAW
AMENDING AND SUPPLEMENTING SEVERAL ARTICLES OF THE LAW ON PERSONAL INCOME TAX, THE LAW ON VALUE ADDED TAX, THE LAW ON CORPORATE INCOME TAX AND THE LAW ON SPECIAL CONSUMPTION TAX

Pursuant to the Constitution of the Socialist Republic of Vietnam, as amended and supplemented by Resolution No. 203/2025/QH15;

The National Assembly promulgates the Law amending and supplementing several articles of the Law on Personal Income Tax No. 109/2025/QH15; the Law on Value Added Tax No. 48/2024/QH15, as amended by Law No. 90/2025/QH15 and Law No. 149/2025/QH15; the Law on Corporate Income Tax No. 67/2025/QH15, as amended by Laws No. 116/2025/QH15, 127/2025/QH15, 133/2025/QH15, 141/2025/QH15 and 143/2025/QH15; and the Law on Special Consumption Tax No. 66/2025/QH15.

Article 1. Amending and supplementing clause 1, Article 7 of the Law on Personal Income Tax

"1. Resident individuals engaged in production and business with annual revenue at or below the level prescribed by the Government are not required to pay personal income tax. Based on macroeconomic indicators and budget balancing capacity, the Government shall prescribe the annual revenue level appropriate to the socio-economic context in each period."

Article 2. Amending and supplementing clause 25, Article 5 of the Law on Value Added Tax

"25. Goods and services of households and individuals engaged in production and business with annual revenue at or below the level prescribed by the Government; assets sold by organizations and individuals that are not engaged in business and are not VAT payers; national reserve goods sold by national reserve agencies; and fees and charges collected under the law on fees and charges. Based on macroeconomic indicators and budget balancing capacity, the Government shall prescribe the annual revenue level in this clause appropriate to the socio-economic context in each period."

Article 3. Adding clause 14a after clause 14, Article 4 of the Law on Corporate Income Tax

"14a. Income of enterprises and organizations established under Vietnamese law with total annual revenue at or below the level prescribed by the Government is exempt from corporate income tax. Based on macroeconomic indicators and budget balancing capacity, the Government shall prescribe the total annual revenue level appropriate to the socio-economic context in each period."

Article 4. Amending and supplementing the provisions on battery-powered motor vehicles with fewer than 24 seats at point g, section 4, part I of the Special Consumption Tax Schedule in clause 1, Article 8 of the Law on Special Consumption Tax

Article 5. Effect

1. This Law takes effect from the date of its adoption, except as provided in clause 2 of this Article.

2. Articles 1, 2 and 3 of this Law take effect from 1 January 2026.

This Law was adopted by the 16th National Assembly of the Socialist Republic of Vietnam at its first session on 24 April 2026.

CHAIRMAN OF THE NATIONAL ASSEMBLY
Tran Thanh Man

For advice on applying Law 09/2026/QH16, please contact ATAX (atax.vn).