The Government has just issued Decree No. 199/2025/ND-CP amending and supplementing Decree No. 26/2023/ND-CP on export tax rates, preferential import tax rates, product categories and absolute tax rates, mixed taxes, import taxes outside of customs rates.
Decree 199 amends the conditions on minimum output to apply preferential import tax rates for imported auto components under the tax incentive program.
This regulation aims to support businesses in manufacturing and assembling cars, especially environmentally friendly car lines.
In case the enterprise manufacturing and assembling cars using fuel oil and oil is considered for incentives according to points c 3.2, c 3.3, c 3.4.4 of this clause, if it manufactures and assembles additional electric cars, cars using fuel cells, hybrid cars, cars using completely biofuel, cars using natural gas, the number of electric cars, cars using fuel cells, hybrid cars, cars using completely biofuel, cars using natural gas during the incentive period will be added to the minimum general output and separate output of each vehicle group, model using fuel, fuel oil, and corresponding oil to determine the minimum general output and separate output of the vehicle group, model when considered for incentives.
In case the enterprise holds more than 35% of the charter capital of automobile manufacturing and assembling companies that have been granted a certificate of eligibility for automobile manufacturing and assembling by the Ministry of Industry and Trade (abbreviated as an owner's enterprise), the automobile manufacturing and assembling companies that meet the prescribed conditions are allowed to add the output of automobile manufacturing and assembling of those companies to calculate the minimum output when considering the conditions for enjoying incentives of the tax incentive program.
The owner's enterprise is responsible for determining the total output of automobile manufacturing and assembly companies eligible to apply the Tax Incentive Program and the rate of holding charter capital of over 35% in the tax incentive review period.
The customs authority where the automobile manufacturing and assembling company registers to participate in the tax incentive program will refund the corresponding tax revenue of the automobile manufactured and assembled by that company that has been shipped in the incentive period.
In case the business owner or automobile manufacturing or assembly company declares it incorrectly, the tax will be collected and the tax law will be violated.
Decree 199 also increases export tax rates and preferential import tax rates for some items.
The Phosphorus yellow commodity code will apply a 10% export tax rate from January 1, 2026; and will continue to increase to 15% from January 1, 2027 (currently applying a tax rate of 5%).
The import tax rate of 0% for the code of goods Black steel (black gold) rolling for gold-plated (Tin - mill blackplate - TM TM TM TMР) will only be maintained from now until the end of August 2025. From September 1, 2025, the tax rate for this commodity code will increase to 7%.
Immediately apply the 2% import tax rate to: Polyetylen containing alpha-olefin monomers of 5% or less; Polyetylen with a separate weight of 0.94 or more; copolyme etylene-alpha-olefin, with a separate weight of less than 0.94,... Previously, these products were subject to an import tax rate of 0%.
The Decree takes effect from July 8, 2025.
