On December 15, 2025, the Government of Vietnam issued Decree No. 320/2025/ND-CP, providing comprehensive guidance for implementing the new Corporate Income Tax Law. This decree is an essential legal document that clarifies and operationalizes the provisions of the recently passed law, ensuring consistency and transparency in corporate taxation across the country.
📌 Key Highlights of Decree 320/2025/ND-CP
✔️ Clarifies major provisions of the Corporate Income Tax Law
The decree explains specific clauses regarding tax calculation, taxable income determination, exemptions and deductions, as well as declaration and payment procedures. This helps both tax authorities and businesses comply with the law more effectively.
✔️ Implementation and organizational responsibilities
It defines the roles of government agencies, deadlines, and processes to ensure uniform application of corporate income tax regulations nationwide.
✔️ Effective for the 2025 tax year
The decree comes into effect immediately and applies to the corporate income tax year 2025.
🧠 Implications for Businesses
📌 Greater transparency in tax policy
Decree 320/2025/ND-CP allows businesses and accountants to fully understand the latest corporate tax rules, ensuring accurate reporting and compliance.
📌 Reduced risk of disputes with tax authorities
Clear guidance minimizes misinterpretation of the law, helping companies avoid errors and potential penalties due to non-compliance.
📌 Critical for financial and tax planning
The decree provides a solid legal foundation for businesses to plan their finances, prepare accurate financial statements, and strategize tax optimization in line with the new law.
📌 Conclusion
Decree 320/2025/ND-CP, issued on December 15, 2025, is a crucial legal guideline for the Corporate Income Tax Law in Vietnam. Effective immediately and applicable to the 2025 tax year, it provides clarity, detail, and consistency, enabling businesses to comply fully with tax obligations while supporting effective financial and strategic planning.
📌 References
- Vietnamese Government issues Decree 320/2025/NĐ‑CP — This decree provides detailed guidance on implementing the Corporate Income Tax Law (Luật Thuế thu nhập doanh nghiệp 2025), including definitions, tax calculation bases, tax rates, incentives, exemptions, and implementation measures. It was issued on 15 December 2025 and applies to the 2025 tax year. LuatVietnam
- Decree details and download links — The decree is available in full text PDF/Word formats and confirms its role in guiding the implementation of the Corporate Income Tax Law. It replaces several previous decrees such as Decree 218/2013/NĐ‑CP and Decree 91/2014/NĐ‑CP related to corporate tax. LuatVietnam
- LuatVietnam summary of Decree 320/2025/NĐ‑CP — Explains the specific provisions of the decree and how it clarifies various Articles of the Corporate Income Tax Law, including income determination, tax incentives, definitions of taxpayers, and applicability to domestic and foreign enterprises. LuatVietnam
