Business household
Supplementing regulations on tax declaration, calculation of taxes, and other revenues for business households from July 1, 2026
|
The 2025 Tax Administration Law supplements regulations on tax declaration, tax calculation and tax deduction for business households and individual businesses.
Business households with a revenue of over 1 billion VND are required to prepare sales invoices
|
The new draft of the Ministry of Finance states that business households with a revenue of over 1 billion VND/year are required to prepare electronic invoices.
Tighten tax and invoice penalties, business households will be heavily fined if they do not comply
|
Business households are the group directly affected when the fines for invoices and tax declarations all increase sharply from 2026.
Business households will be heavily fined if tax declaration is delayed from 2026
|
Tax policy for business households will shift from the contract tax model to declaration from January 1, 2026.
No sales invoices are required, business households "ease" some
|
The new draft of the Ministry of Finance states that business households with a revenue of less than 1 billion VND/year are not required to issue electronic invoices.
New regulations on determining taxable revenue of business households
|
Individuals and business households will be allowed to determine and notify the actual revenue to the tax authority.
Measures for business household revenue not required to pay personal income tax under the new law
|
Individuals residing in a production or business household with an annual revenue of VND500 million or less do not have to pay personal income tax.
Cases where business households are exempt from tax under the newly passed law
|
According to the new regulations, many income items are exempt from personal income tax (PIT). Especially for business households, most small households do not have to pay taxes.
Fine up to 80 million VND if business household does not issue sales invoices
|
Depending on the number of invoices not issued when selling, business households can be subject to the highest fine of up to 80 million VND.
Local tax authorities simultaneously participate in supporting business households in conversion
|
Local tax authorities support business households (HKD) to convert from contract tax to declaration.
The highest penalty for business households that do not register for business
|
Apply a fine of 5-10 million VND to business households that do not register to establish business households in cases where registration is required according to regulations.
Instructions for tax declaration for business households renting houses and stores on eTax mobile
|
Here are 4 steps to guide businesses renting houses, premises, stores... to declare taxes on the Tax Declaration Experience Portal on the eTax Mobile application.
Cases where business households do not register to do business still have to declare and pay taxes
|
Although business registration is not required, many cases of business households are still subject to declaration and tax payment.
Penalties for business households that do not register for business
|
Business households and individuals who do not register business households in mandatory cases will be fined from 510 million VND.
How to calculate tax when business households pay tax based on revenue and pay tax on interest
|
Business households can pay taxes based on revenue or interest, depending on revenue group and application method.
