Resolution No. 43/2026/QH16: 30% reduction of PIT and CIT for business individuals and enterprises with annual revenue not exceeding VND 10 billion - tax years 2026 and 2027

8/27/2026

National Assembly adopts Resolution on 30% reduction of PIT and CIT for tax years 2026–2027

On 24 August 2026, the 16th National Assembly adopted Resolution No. 43/2026/QH16 on the reduction of personal income tax (PIT) and corporate income tax (CIT) for individuals and enterprises. The Resolution takes effect from the date of its adoption and applies to the 2026 and 2027 tax periods.

1. 30% reduction of PIT on income from business activities

(Clause 1, Article 1 of Resolution No. 43/2026/QH16)

Eligible taxpayers: resident individuals earning income from business activities.
Condition: annual revenue in 2026 and 2027 not exceeding VND 10 billion.
Reduction: 30% of the PIT payable for the 2026 and 2027 tax periods.

2. 30% reduction of CIT for small enterprises

(Clause 2, Article 1 of Resolution No. 43/2026/QH16)

Eligible taxpayers: income of enterprises and organisations established under the laws of Vietnam.
Condition: annual revenue in 2026 and 2027 not exceeding VND 10 billion.
Reduction: 30% of the CIT payable for the 2026 and 2027 tax periods.

3. Exclusion: enterprises formed through division or separation to benefit from the policy

(Clause 2, Article 1 of Resolution No. 43/2026/QH16)

The CIT reduction does not apply to enterprises formed through the division or separation of an enterprise after the effective date of the Resolution, where the aggregate annual revenue of the enterprises resulting from such division or separation in 2026 or 2027 exceeds VND 10 billion.

4. Enterprises currently enjoying tax incentives

(Clause 2, Article 1 of Resolution No. 43/2026/QH16)

For enterprises currently enjoying tax incentives under the Law on Corporate Income Tax or other laws and resolutions of the National Assembly, the CIT reduction is calculated on the CIT payable after deducting such tax incentives.

5. Effective date and implementing regulations

(Article 2 of Resolution No. 43/2026/QH16)

The Resolution takes effect from 24 August 2026 and applies to the 2026 and 2027 tax periods (Clause 1, Article 2).
The Government shall provide detailed regulations for the implementation of this Resolution (Clause 2, Article 2) — enterprises should monitor the forthcoming implementing Decree.

This newsletter is prepared by Crowe Vietnam for general information purposes only and does not constitute advice for any specific case. Enterprises should refer to the original legal instruments and consult professional advisors before applying the above to their particular circumstances.