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 Tax¹

Pursuant to the Constitution of the Socialist Republic of Vietnam, which has 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 Articles of Law No. 48/2024/QH15 on Value-Added Tax, which has a number of articles amended and supplemented under Law No. 90/2025/QH15.

Article 1. To amend and supplement 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, planted forest and livestock production products, and reared and fished aquatic products that have not yet been processed into other products or have just undergone preliminary processing and are sold by producing and fishing organisations and individuals, and those at the stage of importation.

Enterprises, cooperatives, and unions of cooperatives that purchase crop, planted forest and livestock production products, and reared and fished aquatic products that have not yet been processed into other products or have just undergone preliminary processing for sale to other enterprises, cooperatives, or unions of cooperatives are not required to declare, calculate and pay value-added tax, but are entitled to credit 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 organisations or individuals other than VAT payers; national reserve commodities sold by the national reserve agency; and collected amounts of charges and fees as specified by the law on charges and fees.”.

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

“5. Defective products, by-products and scraps that are recovered during the production process shall be subject to the tax rates for those defective 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 on January 1, 2026.

This Law was passed on December 11, 2025, by the 15 National Assembly of the Socialist Republic of Vietnam at its 10 session.-

Chairman of the National Assembly
TRAN THANH MAN