BIDV accompanies and supports business households in converting to tax declaration

(Dan Tri) - On November 14, in Ho Chi Minh City, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Ho Chi Minh City Tax Department signed a cooperation agreement to jointly implement the campaign "60 peak days to support business households in converting their tax model from lump-sum tax to declaration".

The above cooperation contributes to implementing the policy of the Ministry of Finance and the Tax sector on eliminating lump-sum tax and switching all business households to paying taxes by declaration method from January 1, 2026.

Representatives of BIDV and Ho Chi Minh City Tax Department signed a cooperation agreement (Photo: BIDV).

Business households enter a major transition period

According to the tax management reform orientation, from 2026, lump-sum tax will be officially abolished. Accordingly, millions of business households will have to manage revenue, expenses, and cash flow more systematically, and switch to electronic tax declaration and payment.

This poses many challenges, especially for small households that still use manual recording methods, facing many concerns: costs of investing in equipment and software; how to use electronic invoices and cash registers; tax declaration and payment operations in the digital environment; risk of being fined if not complying with new regulations...

Recognizing these challenges, the Tax sector has been implementing many support programs, typically the campaign "60 peak days of converting the model from lump-sum tax to declaration", in coordination with departments, branches, professional associations, technology enterprises and banks to ensure that business households are fully guided and gradually converted.

BIDV pioneers in accompanying the Tax industry to support business households

Within the framework of the signing ceremony, BIDV and Ho Chi Minh City Tax Department agreed to closely coordinate on key content groups: Coordinate propaganda and dissemination of new tax policies to all business households in the area of ​​29 Tax establishments as well as products, services and financial support solutions from BIDV; advise and guide business households on registration - declaration - electronic invoice creation; establish a specialized staff team from BIDV and Ho Chi Minh City Tax Department, as well as a channel to receive information and answer questions for business households during the implementation period.

Mr. Nguyen Van Thanh - Deputy Head of Ho Chi Minh City Tax Department - spoke at the signing ceremony (Photo: BIDV).

At the event, Mr. Nguyen Van Thanh - Deputy Head of Ho Chi Minh City Tax Department - said: "The campaign '60 peak days to support business households in converting from lump-sum tax to declaration' is a key task of the Tax Department to aim for fair, transparent and modern tax management.

The support of banks and suppliers will help businesses easily and quickly access financial and technological solutions, thereby confidently transforming and improving business capacity."

In the coming time, BIDV will continue to develop specialized solution packages for business households, expand cooperation with the Tax Department, technology solution providers and industry associations, and build many incentive programs to encourage business households to soon switch to electronic tax declaration and payment.

Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is the leading commercial bank in terms of total assets in Vietnam. The bank provides a comprehensive financial and banking product and service ecosystem serving more than 22 million individual customers and over 500,000 institutional customers, while connecting with more than 2,000 domestic and foreign financial service providers.

The products and solutions that BIDV is deploying all originate from the practical needs of customers, are developed towards personalizing the user journey, applying technology to simplify procedures, enhance experiences, while ensuring safety, accuracy and efficiency.

Source: https://dantri.com.vn/kinh-doanh/bidv-dong-hanh-ho-tro-ho-kinh-doanh-chuyen-doi-sang-ke-khai-thue-20251116085728060.htm