Vietnam’s Resolution No. 43/2026/QH16 provides tax reductions in PIT and CIT payable for qualifying individuals, enterprises and organisations for the 2026 and 2027 tax periods, subject to an annual revenue threshold of VND 10 billion.
Vietnam’s National Assembly approved Resolution No. 43/2026/QH16 on 24 August 2026, providing a 30% reduction in Corporate Income Tax (CIT) and Personal Income Tax (PIT) payable for qualifying taxpayers for the 2026 and 2027 tax periods.
Corporate income tax
Enterprises and organisations established under Vietnamese law are eligible for a 30% reduction in CIT payable if their annual revenue does not exceed VND 10 billion in each of 2026 and 2027.
The measure does not apply to enterprises newly established through corporate divisions or split-offs after the Resolution takes effect if the combined annual revenue of the resulting entities exceeds VND 10 billion.
For enterprises already benefiting from tax incentives under the CIT Law or other legislation, the 30% reduction will be calculated on the net CIT amount remaining after those incentives have been applied.
Personal income tax
The Resolution provides a 30% reduction in PIT payable by resident individuals deriving income from business activities, provided their annual revenue does not exceed VND 10 billion in each of 2026 and 2027.
Implementation
The Resolution applies to the 2026 and 2027 tax years, with the Government directed to issue detailed regulations for its implementation.
It was signed by National Assembly Chairman Trần Thanh Mẫn and took effect on the same date.
