- Cryptocurrency assets in Vietnam are exempt from VAT but subject to personal income tax on profits.
- From January 1, 2026, business households and individuals with annual revenue up to 500 million VND are exempt from VAT and PIT.
- Revenue above 500 million VND is taxed by declaration, with rates like 0.5% for goods, 2% for services, and 5% for property leasing or insurance agency.
- The lump-sum tax method is abolished; all must use the declaration method from 2026.
- The changes are expected to reduce annual taxes for households and individuals by about 11,800 billion VND.
Source: vietnam.vn
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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