Exemption from personal income tax and corporate income tax in some cases

According to Article 10 of Resolution 198/2025/QH15, regulations on tax, fee and charge support policies in a number of special mechanisms and policies for private economic development are as follows:

- Exemption from corporate income tax for 2 years and 50% reduction in payable tax for the next 4 years for income 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 determination of tax exemption and reduction periods shall be implemented in accordance with the provisions of the law on corporate income tax.

Officially abolishing business license fees from January 1, 2026 (Illustration photo).

- Exemption from personal income tax and corporate income tax on income 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 personal income tax for 2 years and 50% reduction in tax payable for the next 4 years for income from salaries and wages of experts and scientists received from innovative startups, research and development centers, innovation centers, and intermediary organizations supporting innovative startups.

- Exemption from corporate income tax for small and medium enterprises for 3 years from the date of being granted the first Certificate of Business Registration.

- The cost of training and retraining human resources of large enterprises for small and medium enterprises participating in the chain is included in deductible expenses to determine taxable income when calculating corporate income tax.

- Business households and business individuals shall not apply the lump-sum tax method from January 1, 2026. Business households and business individuals shall pay taxes in accordance with the law on tax administration.

- Stop collecting and paying business license fees from January 1, 2026.

- Exempt organizations, individuals, and businesses from collecting fees and charges for documents that need to be reissued or changed when restructuring the state apparatus in accordance with the law.

Thus, in the policy of supporting taxes, fees, and charges in a number of special mechanisms and policies for private economic development, from January 1, 2026, the collection and payment of business license fees will cease.

Policy to support access to land and production and business premises in private economic development

Policy to support access to land and production and business premises in private economic development according to Article 7 of Resolution 198/2025/QH15 is as follows:

- Localities are allowed to use local budgets to partially support investment in building infrastructure systems for industrial parks, industrial clusters, and technology incubators. Supported contents include: support for land acquisition, compensation, and resettlement; support for investment in infrastructure works for transportation, electricity, water supply, drainage, wastewater treatment, and telecommunications.

- Investors in infrastructure business of industrial parks, industrial clusters, and technology incubators receiving investment support as prescribed in Clause 1, Article 7 of Resolution 198/2025/QH15 must reserve a portion of the land area invested in infrastructure for high-tech enterprises in the private economic sector, small and medium enterprises, and innovative startups to lease or sublease. The provisions of law on management and use of public assets shall not apply to assets formed from investment support capital sources as prescribed in Clause 1, Article 7 of Resolution 198/2025/QH15.

- Based on the actual situation and the ability to balance the local budget, the Provincial People's Committee shall prescribe principles, criteria, and investment support norms and determine the land area invested in infrastructure of industrial parks, industrial clusters, and technology incubators for high-tech enterprises in the private economic sector, small and medium-sized enterprises, and innovative startups to lease or sublease as prescribed in Clause 1 and Clause 2, Article 7 of Resolution 198/2025/QH15.

- For newly established industrial parks and industrial clusters after the effective date of this Resolution, the Provincial People's Committee shall, based on the actual situation, determine the land area for each industrial park and industrial cluster that has invested in building an infrastructure system to ensure an average of 20 hectares/industrial park, industrial cluster or 5% of the land area of ​​industrial parks and industrial clusters in the area for lease or sublease to high-tech enterprises in the private economic sector, small and medium enterprises, and innovative startups.

- In case an industrial park or industrial cluster is newly established according to the provisions of Clause 4, Article 7 of Resolution 198/2025/QH15 but does not receive State investment support to build infrastructure systems for industrial parks and industrial clusters, after 02 years from the date the industrial park or industrial cluster completes the investment in building the infrastructure system without a high-tech enterprise in the private economic sector, small and medium-sized enterprises, or innovative start-up enterprises leasing or subleasing, the investor in the business of infrastructure of the industrial park or industrial cluster is entitled to lease or sublease to other enterprises.

- High-tech enterprises in the private economic sector, small and medium enterprises, and innovative startups are supported with a minimum reduction of 30% of land rental fees within the first 5 years from the date of signing the land rental contract with the investor in the infrastructure business of industrial parks, industrial clusters, and technology incubators. This land rental support is refunded by the State to the investor according to Government regulations. The Provincial People's Committee decides on the reduction level of land rental fees prescribed in Clause 6, Article 7 of Resolution 198/2025/QH15.

Resolution 198/2025/QH15 takes effect from the date of its approval by the National Assembly (May 17, 2025).

According to vov.vn

Source: https://baolaocai.vn/mien-thue-thu-nhap-ca-nhan-thue-thu-nhap-doanh-nghiep-trong-mot-so-truong-hop-post402018.html