New business households established in 2026 need to carry out many procedures related to business registration, tax registration, electronic invoices, accounting books and revenue declaration. Below are 7 noteworthy contents according to current regulations:
- First, household business registration
According to Clause 1, Article 83 of Decree 168/2025/ND-CP, individuals or family members are only allowed to register 1 business household nationwide.
Clause 3, Article 82 of Decree 168/2025/ND-CP stipulates that households engaged in agricultural, forestry, fishery production, salt making; street vendors, snack vendors, roaming traders, mobile businesses, seasonal businesses and low-income service providers are not required to register household businesses, except for business lines of conditional investment and business. However, these subjects can still register household businesses if they have needs.
According to Clause 2, Article 99 of Decree 168/2025/ND-CP, the business household registration dossier includes a business household registration request form according to Form No. 1 issued with Appendix II of Circular 68/2025/TT-BTC and a copy of the authorization document of household members to one member to be the owner of the business household (if any).
- Second, tax registration
According to Clause 1, Article 30 of the 2019 Law on Tax Administration, business households carry out tax registration under the inter-agency one-stop mechanism along with business household registration at the business registration agency.
In case individual businesses are not eligible for household business registration, tax registration is carried out directly with the tax authority.
- Third, download eTax Mobile, register and activate an electronic tax account.
Business households download the eTax Mobile application on CH Play or App Store, register an electronic tax account through the application and log in using an electronic tax account or VNeID electronic identification account.
The use of eTax Mobile helps to carry out tax registration, declaration, tax payment and tax obligation lookup procedures.
- Fourth, open a bank account and notify the tax authority.
According to point d, clause 1, Article 4 of Circular 18/2026/TT-BTC, new business households must notify the bank account number or e-wallet number related to production and business activities according to Form No. 01/BK-STK attached to the Revenue Notice or the first tax return of 2026 and notify again when there are changes.
- Fifth, register to use electronic invoices:
According to Clause 5, Article 8 of Decree 68/2026/ND-CP amended and supplemented by Clause 2, Article 1 of Decree 141/2026/ND-CP, business households with revenue over 1 billion VND/year are required to use electronic invoices.
For business households with revenue from 1 billion VND or less, if they meet the conditions and have demand, they are allowed to register to use electronic invoices.
In case business households have revenue in 2025 not exceeding 1 billion VND or have just started business in 2026 but revenue generated exceeds the threshold of 1 billion VND, they must use electronic invoices if they have not registered for use before.
Business households registering to use electronic invoices within 30 days from the last day of the tax period have accumulated revenue of over 1 billion VND.
- Friday, carry out bookkeeping according to regulations:
Business households shall record accounting books according to the guidance in Circular 152/2025/TT-BTC.
Depending on the level of revenue and the applied tax calculation method, business households use appropriate accounting book templates.
- Seventh, carry out declaration and tax payment on time:
According to Clause 1, Article 3, Clause 1, Article 4 and Article 7 of Decree 68/2026/ND-CP amended and supplemented by Clause 1, Article 1 of Decree 141/2026/ND-CP, the tax obligations of business households are determined according to actual revenue generated in the calendar year.
Specifically, business households with revenue of 1 billion VND/year or less are not subject to value-added tax and are not required to pay personal income tax.
Business households with revenue over 1 billion VND/year must pay value-added tax and personal income tax according to regulations.
In case there are production and business activities of goods and services subject to special consumption tax, resource tax or environmental protection tax, the determination of tax obligations is carried out according to the regulations of each corresponding tax.
Regarding the declaration deadline, new business households in the first 6 months of the year shall notify the actual revenue generated according to Form No. 01/TKN-CNKD issued together with Circular 50/2026/TT-BTC twice, at the latest on July 31 of the same year and January 31 of the following calendar year.
For new business households starting business in the last 6 months of the year, the deadline for notifying actual revenue generated is no later than January 31 of the following calendar year.
In case new business households have accumulated revenue exceeding 1 billion VND, they must declare tax from the quarter in which revenue exceeds the prescribed threshold.
