On 26 March 2026, the Prime Minister issued Decision 482/QD-TTg, providing a reduction in environmental protection tax on gasoline, oil and lubricants.

Applicable tax rates during the period of Decision 482

Comparison of environmental protection tax rates

Macroeconomic impact

Official Letter No. 1902/CT-CDS dated 31 March 2026 issued by the Ho Chi Minh City Tax Department requests accounting software providers to cooperate in supplying information to support tax administration.

Relevant regulations and penalties

Requirements for accounting software providers

Decree 20/2026/ND-CP, dated 15 January 2026, provides guidance on Resolution 198/2025/QH15 and takes effect from 15 January 2026. It stipulates a 3-year corporate income tax exemption for small and medium-sized enterprises from the date of issuance of the first Enterprise Registration Certificate.

Infrastructure and land allocation support

• Provincial People’s Committees shall publicly disclose criteria, support levels and land funds reserved for high-tech enterprises, SMEs and startups for lease.
• The project investor may not include state financial support in total project investment capital and is responsible for managing and maintaining infrastructure.
• If an industrial park is developed in phases and no priority enterprises lease the space after two years, the space may be leased to other enterprises.

Refund of land rental reduction support

Corporate income tax exemption and reduction

• Innovative startup investment fund management companies, innovative startup enterprises and intermediary organizations supporting innovation and startup activities may be entitled to CIT exemption and reduction in accordance with Resolution No. 198/2025/QH15.
• The incentive period is calculated continuously from the first year in which taxable income arises. If no taxable income arises within the first three years from the first year of revenue generation, the period begins from the fourth year.
• Income eligible for tax incentives must be accounted for separately. If separate accounting is not possible, it is determined based on the ratio of revenue or deductible expenses of incentivized activities to total revenue or total deductible expenses in the tax period.
• Income from transfers of shares, capital contributions, capital contribution rights or rights to purchase stakes in innovative startup enterprises may be exempt from CIT, excluding listed securities.

Newly registered small and medium-sized enterprises

• Where the certificate was issued before the effective date of Resolution No. 198/2025/QH15, the exemption applies for the remaining eligible period.
• The incentive does not apply to enterprises established through merger, consolidation, division, split or conversion.
• The incentive does not apply where legal representatives or capital-contributing members have participated in other enterprises for less than 12 months, or to income specified in Clause 3, Article 18 of the Corporate Income Tax Law No. 67/2025/QH15.
• If multiple tax incentives apply in the same period, the taxpayer may choose the most favorable incentive and apply it consistently throughout the incentive period.
• If the first tax period is shorter than 12 months, the taxpayer may choose to apply the exemption or reduction immediately or register to start from the following tax period.

Support for digital platforms and accounting software

The State will provide a free digital platform integrating accounting software, e-invoices and digital signatures for small and micro enterprises, household businesses and individual business owners. Eligible users will be granted accounts and can use the platform free of charge upon request, with implementation guidance provided by the Ministry of Finance.

Entry into force

• Decree 20/2026/ND-CP takes effect from the date of signing, except for Clauses 2 and 3 of Article 16.
• Provisions under Clause 1 and Clause 3 of Article 7, and Article 9, take effect from the effective date of Resolution No. 198/2025/QH15 and apply from the 2025 tax assessment period.
• Provisions under Clause 2 of Article 7 and Article 8 take effect from the effective date of Resolution No. 198/2025/QH15.