- Vietnam’s National Assembly approved the 2024 Law on Value Added Tax on 26 November 2024
- The new VAT law will replace the current one starting 1 July 2025
- Key changes include an expanded scope of VAT taxpayers
- Now includes organizations, households, and individuals producing and trading goods and services subject to VAT
Source: orbitax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Vietnam"
- New VAT Law Creates Cash Flow Crisis for Vietnamese Agricultural Exporters
- Vietnam’s 2025 VAT Refund Eligibility: Key Criteria and New Regulations Explained
- Vietnam Announces Temporary VAT Reduction to 8% for Key Sectors Until December 2024
- Guidelines for Handling VAT After Provincial Merger in Vietnam (2022-2025)
- Determining Product Groups Eligible for VAT Reduction Under Decree 174/2025/NĐ-CP