Law Amending and Supplementing a Number of the Law on Value-Added Tax 2025, No. 149/2025/QH15

LAW

AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES OF THE LAW ON VALUE-ADDED TAX

Pursuant to the Constitution of the Socialist Republic of Vietnam, which had a number of articles amended and supplemented under Resolution No. 203/2025/QH15;

The National Assembly promulgates the Law Amending and Supplementing a Number of the Law on Value-Added Tax No. 48/2024/QH15, which had a number of articles amended and supplemented under Law No. 90/2024/QH15.

Article 1. Amending and supplementing a number of articles of the Law on Value-added Tax

1. To amend and supplement a number of clauses of Article 5 as follows:

a) To amend and supplement Clause 1 as follows:

“1. Crop, forest and livestock production products, and reared and fished aquaculture products that have not yet been processed into other products or have just undergone preliminary processing and are sold by producing and fishing organizations and individuals, and those at the stage of importation.

Enterprises, cooperatives, and cooperative unions purchasing crop, forest and livestock production products, and reared and fished aquaculture products that have not yet been processed into other products or have just undergone preliminary processing and are sold to other enterprises, cooperatives, or cooperative unions, shall not be required to declare or pay value-added tax but shall be entitled to deduct input value-added tax.”;

b) To amend and supplement Clause 25 as follows:

“25. Goods and services of production and business households or individuals with the annual turnover of up to VND 500 million; assets sold by non-business organizations or individuals other than VAT payers; national contingency commodities sold by the national contingency agency; charges and fees specified by the law on charges and fees.”.

2. To amend and supplement Clause 5, Article 9 as follows:

“5. Waste products, by-products and scraps that are recovered in the course of production shall be subject to the tax rates for such waste products, by-products and scraps.”.

3. To annul Clause 3, Article 12 and Point c, Clause 9, Article 15.

Article 2. Effect

This Law takes effect from January 01, 2026.

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This Law was passed on December 11, 2025, by the XV^th National Assembly of the Socialist Republic of Vietnam at its 10^th session.

Chairman of the National Assembly

TRAN THANH MAN