Rule change · 1 July 2026

Vietnam: From the 2026 tax period resident individuals with annual business revenue of VND 500 million or less pay no personal income tax

From the 2026 tax period resident individuals with annual business revenue of VND 500 million or less pay no personal income tax; above that, tax is charged on profit at 15% to 20% by revenue band or, for revenue up to VND 3 billion, at 0.5% to 5% on revenue above VND 500 million (Law 109/2025/QH15 article 7, in force 1 July 2026 with the business-income rules applying from the 2026 tax period).