- From January 1, 2026, the VAT-exempt revenue threshold for household and individual businesses increases from 200 million VND/year to 500 million VND/year.
- Only businesses with annual revenue exceeding 500 million VND will be liable for VAT.
- Businesses with revenue below 500 million VND/year remain tax-exempt but must still declare their revenue for 2026 by January 31, 2027.
Source: vietanlaw.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.
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