Personal income tax exemption from share and contributed capital transfers

Legal Consulting Office of Lao Dong Newspaper answers:

Clause 1, Article 8, Decree 20/2026/ND-CP Detailing and guiding the implementation of a number of articles of Resolution No. 198/2025/QH15 dated May 17, 2025 of the National Assembly on a number of special mechanisms and policies for private economic development (effective from January 15, 2026) stipulates personal income tax exemption and reduction as follows:

1. Individuals with income from the transfer of shares, contributed capital, capital contribution rights, share purchase rights, and the right to purchase contributed capital into creative startups are exempt from personal income tax for this income.

Income from the transfer of shares, contributed capital, capital contribution rights, share purchase rights, and capital contribution rights specified in this clause is income obtained from the transfer of part or all of shares, contributed capital, capital contribution rights, share purchase rights, and capital contribution rights to creative startups (including cases of business sale), excluding income from the transfer of shares, share purchase rights of public companies, listed organizations, and registration of transactions in accordance with the law on securities.

In case of selling the entire enterprise owned by an individual in the form of a transfer of capital attached to real estate, personal income tax is declared and paid according to the real estate transfer activity.

Thus, from January 15, 2026, people with income from the transfer of shares and capital contributions to creative startups are exempt from personal income tax.

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