Business households pay attention to 2 mandatory obligations before terminating tax identification numbers

Song Anh |

Circular 90/2026/TT-BTC stipulates the obligations that business households must fulfill before the termination of the tax code from July 1, 2026.

From July 1, 2026, Article 28 of Circular 90/2026/TT-BTC stipulates the obligations of business households, households, and individual businesses to complete before the termination of the validity of the tax identification number.

Accordingly, business households, households, and individual businesses falling under the cases specified in points a, b, and d, clause 1, Article 27 of Circular 90/2026/TT-BTC must fulfill the obligations arising from business activities before terminating the validity of the tax code due to the termination of business activities.

Specifically, the obligations to be fulfilled include:

- Completing invoice obligations according to the provisions of the law on invoices if invoices are used.

- Complete the obligation to submit tax declaration dossiers, pay taxes and handle excess tax amounts as prescribed in point d.1, clause 1, Article 7 of Decree 252/2026/ND-CP.

Comparing points a, b, and d, clause 1, Article 27 of Circular 90/2026/TT-BTC, the cases of termination of tax code validity include:

- Business households, households, and individual businesses terminate business activities;

- Business households whose business household registration certificates are revoked;

- Business households and individual businesses notified by tax authorities that they are not operating at the registered business address.

For business households transferring to small and medium-sized enterprises according to the provisions of the Law on Supporting Small and Medium Enterprises, business households must fulfill tax obligations with the directly managing tax authority or have a written commitment to the tax authority that the small and medium-sized enterprises converted from business households inherit all tax obligations of business households in accordance with the law on supporting small and medium-sized enterprises.

For the cases specified in point a, clause 2, Article 27 of Circular 90/2026/TT-BTC, the tax authority terminates the validity of the tax code after tax payment obligations and obligations related to tax dossiers, handling tax amounts, other revenues, late payment interest, and overpaid fines of individuals are completed by the heir or person assigned to manage the inheritance or the asset manager according to the provisions in point a, clause 3, Article 27 of Decree 252/2026/ND-CP or debt is written off according to the provisions in point a, clause 1, Article 21 of the 2025 Law on Tax Administration.

Comparing point a, clause 2, Article 27 of Circular 90/2026/TT-BTC, this is a case of termination of the validity of the tax identification number of a person who died, went missing or lost civil act capacity according to the provisions of law.

Note:

- When the tax code of business households, households, and individual businesses is terminated for business operations, the tax code of business household owners, household owners, and individuals is not terminated and continues to be used to fulfill other tax obligations of that individual.

- Business households and individual businesses are responsible for fully fulfilling tax obligations related to the business location when terminating the business location's operation.

* Circular 90/2026/TT-BTC takes effect from July 1, 2026.

Song Anh
RELATED NEWS

3 cases of business households exempted from using electronic invoices from July 1. 2026

|

From July 1, 2026, some business households are exempted from using electronic invoices according to Decree 254/2026/ND-CP if they fall into the cases prescribed by law.

Proposal to prioritize scholarships for training new CEOs transitioning from household businesses

|

The Vietnam Young Entrepreneurs Association proposes prioritizing new business leaders transitioning from household businesses in CEO training.

Iran takes responsibility for airstrikes in Oman and Bahrain

|

The Iranian Islamic Revolutionary Guard declared the destruction of US radar systems and military facilities, expanding the scope of attack throughout the Gulf.

Low pressure near the Philippines rapidly intensifies into Typhoon Haishen

|

The low pressure area near the Philippines has been upgraded by the Philippine weather agency to a tropical depression, while the Japanese weather agency has upgraded it to a storm.

More than 10 years in the resettlement area, 36 households in Quang Ngai are still waiting anxiously for red books

|

Quang Ngai - More than 10 years after moving to Mang Pok Resettlement Area to avoid landslides, 36 households have not yet been granted land use right certificates.

Close-up of a social housing project abandoned for more than a decade

|

Thanh Hoa - Although located in a prime location, the social housing project with about 900 apartments is still stagnant after more than a decade of being approved for investment.

3 cases of business households exempted from using electronic invoices from July 1. 2026

Song Anh |

From July 1, 2026, some business households are exempted from using electronic invoices according to Decree 254/2026/ND-CP if they fall into the cases prescribed by law.

Proposal to prioritize scholarships for training new CEOs transitioning from household businesses

Xuyên Đông |

The Vietnam Young Entrepreneurs Association proposes prioritizing new business leaders transitioning from household businesses in CEO training.

2 hộ kinh doanh ở Hưng Yên bị xử lý vì bán hàng có dấu hiệu giả mạo nhãn hiệu

Mai Hương |

Hưng Yên - Lực lượng chức năng Hưng Yên phát hiện 2 hộ kinh doanh tại xã Bắc Đông Hưng buôn bán hàng hóa có dấu hiệu giả mạo nhãn hiệu.