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Resolution No. 198/2025/QH15 dated 17 May 2025 on a number of special mechanisms and policies for the development of the private economy

• Exemption from corporate income tax (“CIT”) for a period of 02 years and a 50% reduction in the amount of tax payable for the following 04 years, applicable to income generated from innovative start-up activities of innovative start-up enterprises, innovative start-up investment fund management companies, and intermediary organizations supporting innovative start-ups. The duration of tax exemption and reduction shall be determined in accordance with the provisions of the law on CIT.
• Exemption from personal income tax (“PIT”) and CIT for income derived from the transfer of shares, capital contributions, capital contribution rights, rights to purchase shares, and rights to purchase capital contributions in innovative start-up enterprises.
• Exemption from PIT for a period of 02 years and a 50% reduction in the amount of tax payable for the following 04 years, applicable to income from salaries and wages of experts and scientists received from innovative start-up enterprises, research and development centers, innovation centers, and intermediary organizations supporting innovative start-ups.
• Exemption from CIT for small and medium enterprises (“SMEs”) for 03 years from the date of issuance of their first Enterprise Registration Certificate.
• Training and retraining costs incurred by large enterprises for SMEs participating in the chain shall be considered deductible expenses when calculating CIT.
• Business households and self-employed individuals shall not apply the lump-sum tax method from 1 January 2026. Business households and self-employed individuals shall pay taxes according to the law on tax administration.
• Business license fee collection shall be terminated from 1 January 2026.
• Exemption from fees and charges for organizations, individuals and businesses for  reissuance or replacement of documents required during the restructuring and reorganizing the state apparatus in accordance with the law.