Business households under 200 million VND/year are exempt from tax but need to pay attention to mandatory regulations.

Business households with revenue under 200 million VND/year are required to declare revenue twice a year to determine tax obligations.

Business households with revenue under 200 million VND/year are required to declare revenue twice a year to determine tax obligations. Photo: Thanh Binh

According to Resolution 198/2025/QH15, from January 1, 2026, millions of business households across the country will no longer pay taxes by the lump-sum method but will switch to self-declaration, self-calculation and self-payment of taxes based on actual revenue.

At the same time, from 2026, business households with revenue of 200 million VND/year or more will have to pay tax, instead of the current threshold of 100 million VND (Article 17, Article 18 of the Law on Value Added Tax 2024).

On October 6, 2025, the Ministry of Finance issued Decision 3389/QD-BTC in 2025 approving the Project "Converting the model and method of tax management for business households when eliminating lump-sum tax" (Project).

According to the Project's content, tax management for households and individuals doing business based on revenue when lump-sum tax is abolished from 2026 will be divided into 3 models:

- Group 1: Revenue ≤ 200 million

- Group 2: 200 million < Revenue ≤ 3 billion VND/year

- Group 3: Revenue > 3 billion VND/year

In particular, the tax management model for business households with revenue under 200 million VND/year from 2026 is stipulated as follows:

Thus, business households are required to declare Declare revenue twice a year to determine tax obligations.

Source: https://baoquangninh.vn/ho-kinh-doanh-duoi-200-trieu-dong-nam-duoc-mien-thue-nhung-can-luu-y-cac-quy-dinh-bat-buoc-3386186.html