The Vietnam government released Decree No. 64/2024/ND-CP on 17 June 2024, outlining extensions to tax payment deadlines for various taxes including individual income tax, VAT, corporate income tax, and land rental taxes in 2024.Ā Ā The decree outlines the following expansions:

Individual income tax: Individual income tax and VAT for business households for 2024 are extended to 30 December 2024

Value-added tax (VAT):Ā 

  • May, June, and the second quarter of 2024: 5 months from the statutory deadline.
  • July 2024: 4 months from the statutory deadline.
  • August 2024: 3 months from the statutory deadline.
  • September and the third quarter of 2024: 2 months from the statutory deadline.

The specific deadlines are as follows:

  • May VAT payment deadline extended to no later than 20 November 2024.
  • June, July, August, and September VAT payment deadlines extended to no later than 20 December 2024.
  • Second quarter and third quarter VAT payment deadlines extended to no later than 31 December 2024.

Corporate income tax: The deadline for corporate income tax for the second quarter of 2024 is extended by three months from the statutory deadline.

Land rental tax deadline: The deadline for 50%Ā  of 2024 land rent payments has been extended from 31 October 2024 to 31 December 2024.

The decree became effective on 17 June 2024 and remains valid until 31 December 2024.