Official Letter No. 2169/TPHCM-QLDN3 dated March 9, 2026, issued by the Tax Department regarding corporate income tax (CIT) incentives, provides as follows:

by KMC Consulting Company Limited

  • Pursuant to the Appendix issued together with Circular No. 07/2025/TT-BKHĐT dated February 13, 2025 of the Ministry of Planning and Investment providing for statistical classification by types of economic sectors;
  • Pursuant to Article 10 of Resolution No. 198/2025/QH15 dated May 17, 2025 of the National Assembly;
  • Pursuant to Point a, Clause 3, Article 7 of Decree No. 20/2026/NĐ-CP dated January 15, 2026 of the Government.

Based on the above provisions:

In case the Company meets the conditions of a small and medium-sized enterprise (SME) and has foreign invested capital, such Company shall not be eligible for corporate income tax (CIT) incentives under Article 10 of Resolution No. 198/2025/QH15 dated May 17, 2025 of the National Assembly on a number of special mechanisms and policies for the development of the private economic sector, and Clause 3, Article 7 of Decree No. 20/2026/NĐ-CP dated January 15, 2026 of the Government, which details and provides guidance on the implementation of a number of articles of the said Resolution.

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