With the goal of providing the latest and most accurate information to businesses, Vina TPT is pleased to update tax news for May 2025. The content covers: Value Added Tax (VAT), Import Tax, Personal Income Tax, Foreign Contractor Tax, Invoices, Social Insurance, and more…
Highlights on Value Added Tax and Import Tax:
- No VAT reduction for the import stage of materials damaged due to storms
- Required documents for exported goods to qualify for 0% VAT
- Gold and silver processing must pay VAT using the direct method.
Personal Income Tax with key points to note as follows:
Immediate updates on news related to Corporate Income Tax – May 2025
- Income from subleasing land is not eligible for Corporate Income Tax incentives
- Supplementary declarations for tax periods that have been audited
- Corporate Income Tax incentives for new investment projects in industrial zones
New regulations on electronic invoices and documents effective from June 1, 2025
Learn more about the article "7 Notes on Electronic Invoices from Decree 70/2025 and Circular 32"
Foreign Contractor Tax news update for May 2025 – Addressing issues related to declaring and paying Foreign Contractor Tax
Social Insurance – Health Insurance with key points to note regarding the review of employees’ insurance records before June 15, 2025.
The article also explains other cases such as:
- Is a loan from the director considered a related-party transaction?
- Supplementary filing of tax declarations
- Deadline for submitting tax deferral requests
Vina TPT accounting services always provide the latest updates on tax, accounting, and labor matters. Follow us on our official channels or subscribe to our newsletter to stay informed with important updates.
CONTACT VINA TPT
- Facebook: https://www.facebook.com/ketoan.vinatpt/
- Linked: https://www.linkedin.com/company/vina-tpt-company-litmited/
- Zalo OA: https://zalo.me/3017322235992388299