Regulatory Update: Decree No. 293/2025/NĐ-CP on Detailed Regulations for Implementing the Law on Corporate Income Tax (CIT)

Decree No. 293/2025/NĐ-CP, issued by the Government on November 28, 2025, provides detailed regulations and guidance for implementing the Law on Corporate Income Tax (CIT/TNDN). The Decree aims to clarify the determination of CIT taxable income, detail the conditions for deductible expenses (expenses allowed to be subtracted for tax calculation), stipulate CIT incentives, and guide the procedures for CIT declaration and payment.

Key Highlights

• Scope of Application: The Decree guides the detailed implementation of the Law on CIT, applying to all organizations engaged in the production and trading of goods and services, and having income subject to CIT in Vietnam.
• Key Updates/Content:
  • Taxable Income: Details the scope of taxable income, including income from business activities, capital transfers, real estate transfers, and income generated from abroad.
  • Deductible Expenses: Clarifies the specific conditions and limits for expenses that are deductible (such as salary, interest, depreciation, and marketing costs) when calculating net taxable income.
  • CIT Incentives: Specifies conditions for applying CIT incentives, including reduced tax rates (e.g., 10%, 15%, 17%) and tax exemption/reduction periods, typically applicable to high-tech, large-scale manufacturing, or investments in disadvantaged areas.
  • Tax Base Calculation: Provides detailed rules for calculating CIT obligations, including treatment of losses carried forward and accounting for expenses not subject to CIT.

This summary is provided for reference purposes only and highlights key aspects of Decree No. 293/2025/NĐ-CP. For full and legally binding content, please refer strictly to the attached official document.

Attached File:

📎 Decree No. 293/2025/NĐ-CP (Official PDF – signed & sealed)