Subsidiaries and affiliated companies will not be eligible for the new preferential tax rates of 15–17 percent aimed at small and medium-sized enterprises (SMEs), under Vietnam’s amended Law on Corporate Income Tax, passed by the National Assembly on June 14, VN Express has reported→view source.
The general corporate income tax rate remains at 20 percent, while firms with annual revenues under VND 3 billion and VND 50 billion may access lower rates—unless they are linked to larger corporate groups.
Key details:
- Effective date: October 1, 2025
- SME tax rates: 15–17 percent based on revenue size, excluding subsidiaries and affiliates
- Anti-abuse rationale: Prevent firms from restructuring to exploit SME incentives
- Special incentives:
- 50% CIT reduction on tech transfers in priority fields to public or disadvantaged recipients
- 10% CIT rate for 15 years for new investments in high-tech, renewables, venture capital, and software
- 10% CIT rate for press agencies, including digital media
- 50% CIT reduction on tech transfers in priority fields to public or disadvantaged recipients
See also: Tax in Vietnam 2025 Explained: CIT, VAT, PIT & More