Decree No. 20/2026/NĐ-CP dated January 15, 2026, issued by the Government, providing detailed regulations and guidance on the implementation of a number of articles of Resolution No. 198/2025/QH15 dated May 17, 2025, of the National Assembly on a number of special mechanisms and policies for private economic development, is as follows:
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1. Scope of regulation and subjects of application
- Scope of regulation: Guidance on the implementation of provisions relating to land, taxation, financial support, exemption and reduction of fees and charges, training, and other support mechanisms stipulated in Articles 7, 8, 10, 12, and 13 of Resolution No. 198/2025/QH15.
- Subjects of application: Enterprises, business households, individual business operators, and other related organizations and individuals.
2. Key support measures
- Support for access to land and production and business premises
- Support for investment in infrastructure and the use of land funds in industrial parks, industrial clusters, and technology incubators for entities in the private economic sector, small and medium-sized enterprises, and innovative start-up enterprises.
- Infrastructure investors shall not include state-supported capital in the total project investment capital and shall be responsible for maintenance and servicing after handover.
- Procedures for providing investment capital support shall be implemented in accordance with the laws on the state budget and public investment.
- Support for reduction of land rental
- Enterprises eligible for priority (high-tech enterprises, small and medium-sized enterprises, innovative start-ups) shall be entitled to a reduction in subleased land rental in accordance with the provisions of the Resolution.
- Infrastructure investors may be reimbursed for the reduced amounts if the prescribed conditions are satisfied.
- Support for management and business skills training
- The State shall support 100% of training costs in enterprise management, accounting and taxation, and human resources for small and micro enterprises, business households, and individual business operators.
- Commune- and ward-level authorities and relevant functional units shall organize and implement training support activities in accordance with regulations.
- Support related to taxes and fees
- Individuals who are experts or scientists working for innovative start-up enterprises, R&D centers, etc. shall be exempt from personal income tax for 24 months and entitled to a 50% reduction for the subsequent 48 months on income from salaries and wages, subject to prescribed conditions.
- Exemption and reduction of administrative fees and charges arising from procedures related to support under this Decree shall be applied in order to reduce costs for enterprises and business households.
- Other tax-related matters (corporate income tax, personal income tax) not specified in this Decree shall continue to be implemented in accordance with the prevailing tax laws.
3. Responsibilities for implementation
- Ministry of Finance: To consolidate funding requirements, report to the Government, and organize inspection and examination of the implementation of support policies.
- Provincial-level People’s Committees: To publicly disclose information on land-related support, manage land funds, and organize support procedures.
- Socio-political organizations and business associations: To coordinate with state authorities in implementing support for enterprises.
- Enterprises, business households, and individuals: To provide information as required, comply with laws, and fulfill obligations to the State.
4. Effective date
This Decree takes effect from the date of signing, January 15, 2026, with certain provisions taking effect from the effective date of Resolution No. 198/2025/QH15 or being applied from the tax period of 2025.
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