On December 02, 2025, the Government of Vietnam issued Decree No. 310/2025/ND-CP  (“Decree 310/2025”) amending and supplementing a number of articles of Decree No. 125/2020/ND-CP  (“Decree 125/2020”) stipulating administrative penalties for tax and invoice violations. This Decree takes effect from January 16, 2026 , marking the completion of regulations on administrative penalties for tax and invoices, enhancing the effectiveness of tax administration and ensuring fairness in

On 10 December 2025, the National Assembly passed the Personal Income Tax Law 2025 , marking a significant shift in tax policy for individuals and household businesses. The amendments aim to reduce compliance burdens, expand support for small business operators, enhance fairness, and align tax obligations with current living standards. Through this newsletter, W&A provides a detailed analysis of the key amendments: Increasing the tax-exempt revenue threshold from VND 200 mill

On 25 November 2025, the Tax Department issued Official Letter 5487/CT CS providing guidance on input VAT creditability for deferred or instalment payments relating to the purchase of goods and services. The guidance clarifies that if , at the payment due date, the taxpayer does not have valid non cash payment evidence, the taxpayer must reduce the input VAT previously credited. However, when the taxpayer subsequently makes a non cash payment, the corresponding input VAT amou

Recently, the National Assembly passed the Law Amending and Supplementing a Number of Articles of the Law on Enterprises and Decree No. 168/2025/NĐ-CP , marking a major step forward in the identification and disclosure of information regarding the Beneficial Owner (" BO "). This is the first time this concept has been clearly recognized under Vietnam's enterprise law, aiming to enhance business transparency, prevent opaque ownership structures, ensure compliance with global g

According to Official Letter No. 3367/TPHCM-QLDNI dated 08 October 2025 issued by the Ho Chi Minh City Tax Department and Article 26 of Decree No. 181/2025/ND-CP, enterprises are entitled to input VAT deduction only when: There is a valid non-cash payment voucher, and The payment is made within the deadline stipulated in the contract or its annex. The Tax Authority has explicitly confirmed that if payment is not made by the contractual due date, the enterprise must reduce the

Vietnam’s Law on Corporate Income Tax No. 67/2025/QH15 marks a significant reform in determining deductible expenses for taxable income. Compared with previous regulations, the new Law broadens the scope of deductible expenses, especially for research and development (R&D), digital transformation, emission reduction, and social sponsorships, while tightening documentation, payment, and compliance requirements under specialized laws. This W&A Newsletter helps enterprises clear

Vietnam’s National Assembly Standing Committee has approved a new Resolution to raise family circumstance-based deductions for Personal Income Tax starting from the 2026 tax year. This adjustment marks a significant step toward enhancing fairness and reducing tax burdens for individuals and households nationwide. The new deduction levels aim to increase disposable income and strengthen social welfare in the face of rising living costs. 👉 Read the full analysis and detailed c

The determination of wages used as the basis for compulsory social insurance contributions is a key compliance issue for every enterprise in Vietnam. Incorrect classification of salary components may lead to back payments, administrative penalties, unplanned expenses, and potential labor disputes. Under the Law on Social Insurance 2024, Decree No. 158/2025/ND-CP, and Circular No. 10/2020/TT-BLDTBXH, Vietnam has established a clearer legal framework distinguishing which paymen

Recently, The National Assembly approved the Personal Data Protection Law No. 91/2025/QH15, which shall come into force on January 1,...

Effective 1 October 2025, the new Corporate Income Tax (CIT) Law 2025 introduces a significant policy shift in Vietnam’s tax landscape:...

W&A is proud to announce a significant milestone: we have been officially recognized by ACCA (Association of Chartered Certified Accountants)  with two prestigious designations: ACCA Approved Employer – Professional Development ACCA Approved Employer – Trainee Development (Platinum) In Vietnam, only a select number of firms have achieved this honor. Being granted both recognitions at once highlights W&A’s: Professional working environment , fostering optimal conditions for ca