In this newsletter, Grant Thornton Vietnam would like to update readers on newly issued legal policies and notable guidance in the areas of taxation and the issuance of work permits for foreign nationals, which have been issued recently and will take effect soon.

  • Circular No. 86/2024/TT-BTC: Officially replaces personal tax identification numbers with personal identification numbers issued by the Ministry of Public Security, effective from 01 July 2025.
  • Corporate Income Tax Law No. 67/2025/QH15: Revise eligibility criteria, and adjust tax calculation methods for foreign investors.
  • VAT Law No. 48/2024/QH15, Decree No. 181, and Circular No. 69/2025/TT-BTC: Adjust VAT rates, modify conditions for input tax deduction and refund, and tighten control over invoice fraud and misuse.
  • Decree No. 128/2025/NĐ-CP: Delegate the authority to issue work permits for foreign employees to provincial-level People’s Committees, aiming to streamline procedures and reduce processing time.
Tax Newsletter July 2025

Tax Newsletter July 2025

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Tax Newsletter July 2025

Tax Newsletter July 2025

Download Vietnamese version