On June 17th, 2025, the National Assembly approved the resolution from the 9th Meeting of the XV National Assembly, which includes a reduction in the VAT rate.
This reduction will be in effect from July 1st, 2025, to December 31st, 2026.
In comparison to earlier resolutions, the scope of the VAT rate reduction has been broadened to include additional categories such as IT services, prefabricated metal products, coal at the importation and trading stages, coke, refined petroleum, chemical products, and gasoline.