Vietnam puts an end to lump-sum tax, aiming for a level playing ground


A business household in Vinh Long Province. All business households nationwide will switch to a self-declaration and payment, starting from Jan 1, 2026. — VNA/VNS

HANOI: The Ministry of Finance has approved a comprehensive plan to abolish the long-standing lump-sum tax regime for business households, aiming to modernise tax administration and create a fairer business environment.

Under the plan, all business households nationwide will shift to a self-declaration and payment system from Jan 1, 2026, marking the end of a mechanism that has been in place for decades.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Vietnam , lump-sum , tax , self-declaration

Next In Aseanplus News

FBM KLCI ends at intraday high, marks 16-month high
5.7-magnitude quake hits waters near Philippines, says GFZ
General Border Committee to meet on Dec 24 to resume Thai-Cambodia ceasefire
US highlights Panama security ties as China-linked canal ports deal stalls
S'wak Deputy Premier wins defamation suit against state DAP chief, awared RM500,000 in damages
Traditional hanfu turn trips into cultural adventures in China
Bhutanese King recalls Thai comfort food and Buddhist warrior spirit in moving Chulalongkorn address
FIFA investigating FAM sec-gen Azman over heritage players saga
Vietnam replaces Trade Minister as leadership review begins
China zoos keep animals warm to protect against winter chill

Others Also Read