Summary of the most notable new points of Corporate Income Tax Law 2025 :
(1) E-commerce platforms and digital platforms pay corporate income tax.
Pursuant to Point e, Clause 3, Article 2 of the 2025 Corporate Income Tax Law: Accordingly, e-commerce platforms and digital platforms through which foreign enterprises provide goods and services in Vietnam
(2) Add tax-exempt subjects
Pursuant to Article 4 of the 2025 Corporate Income Tax Law:
Add some types of income that will be exempt from tax, including:
+ Income from the first transfer of emission reduction certificates, carbon credit transfers after issuance of enterprises granted emission reduction certificates, carbon credits; income from green bond interest; + Income from the first transfer of green bonds after issuance.
(3) Tax incentives for small and medium enterprises with tax rates of 15% or 17%
Pursuant to Article 10 of the Law on Corporate Income Tax 2025:
The corporate income tax rate is 20%, the tax rate of 15% applies to enterprises with revenue not exceeding 3 billion VND, 17% for enterprises with revenue from 3 billion VND to 50 billion VND.
However, this provision does not apply to enterprises that are subsidiaries or affiliated companies where the affiliated enterprise is not an enterprise that meets the conditions for applying preferential tax rates. (based on Clause 4, Article 18 of the Law on Corporate Income Tax 2025).
(4) Supplementing fields enjoying corporate income tax incentives
Pursuant to Article 12 of the 2025 Law on Corporate Income Tax, the list of industries and occupations eligible for corporate income tax incentives has been adjusted with many notable new points.
Some prominent areas included in the list of eligible for corporate income tax incentives include:
- High-tech enterprises and high-tech agricultural enterprises under the 2008 Law on High Technology; science and technology enterprises under the 2013 Law on Science, Technology and Innovation.
- Investment in business support facilities for small and medium-sized enterprises, including: Technical support facilities, small and medium-sized enterprise incubators; investment in business of co-working spaces supporting small and medium-sized enterprises to start up and innovate according to the provisions of the 2017 Law on Support for Small and Medium Enterprises.
- Press activities, including newspaper advertising, according to the provisions of the 2016 Press Law.
(5) Amendments to regulations on tax exemption and reduction
Pursuant to Article 14 of the Law on Corporate Income Tax 2025, the policy on corporate income tax exemption and reduction is stipulated as follows:
- Tax exemption for up to 04 years and 50% reduction of payable tax for no more than the next 09 years for:
+ Enterprise income specified in Clause 1, Article 13 of the Law on Corporate Income Tax 2025;
+ Enterprise income specified in Point r, Clause 2, Article 12 of the Law on Corporate Income Tax 2025 located in the area specified in Point a, Point b, Clause 3, Article 12 of the Law on Corporate Income Tax 2025; in cases not located in the area specified in Point a, Point b, Clause 3, Article 12 of the Law on Corporate Income Tax 2025, tax exemption for a maximum of 04 years and a 50% reduction in the amount of tax payable for a maximum of no more than the next 05 years.
- For new investment projects specified in Point h, Clause 2, Article 12 of the Law on Corporate Income Tax 2025, the Prime Minister decides to extend the tax exemption and reduction period to a maximum of no more than 1.5 times the tax exemption and reduction period specified in Clause 1, Article 14 of the Law on Corporate Income Tax 2025.
- The tax exemption and reduction period is calculated from the first year of taxable income from the investment project. In case there is no taxable income in the first 3 years, from the first year of revenue from the project, the tax exemption and reduction period is calculated from the 4th year.
