Decree 245/2026/ND-CP: Extension of VAT, CIT, PIT and Land Rental Fee Payment Deadlines in 2026 – What Businesses Need to Know

Issued: 27/06/2026 | Effective: 27/06/2026 – 30/12/2026 | Issuing Authority: The Government of Vietnam

Overview of Decree 245/2026/ND-CP

On 27 June 2026, the Vietnamese Government officially issued Decree No. 245/2026/ND-CP on the extension of payment deadlines for Value Added Tax (VAT), Corporate Income Tax (CIT), Personal Income Tax (PIT) and land rental fees in 2026.

The Decree was signed by Deputy Prime Minister Nguyen Van Thang and takes effect immediately from the date of signing through 30 December 2026.

This is a practical support policy designed to help enterprises, business households and individual business persons maintain additional cash flow for their production and business operations at a time when financial relief is most needed.

Who Qualifies for Tax Payment Extension Under Decree 245/2026?

The Decree applies to two main groups of eligible taxpayers:

Group 1: Enterprises, Organisations and Individuals Operating in 43 Economic Sectors Listed in Annex I

This includes enterprises, organisations (including branches and affiliated units that file taxes separately), households, business households and individual business persons engaged in production or business activities in the sectors and fields listed in Annex I of this Decree.

Key sectors among the 43 qualifying industries include:

Note: The full list of 43 sectors is defined in accordance with Decision No. 36/2025/QD-TTg dated 29 September 2025. If a business operates in a Level-1 sector, all Level-2, 3, 4 and 5 sub-sectors under it are also eligible for the extension.

Group 2: Small and Micro Enterprises

Enterprises classified under the Law on Support for Small and Medium-sized Enterprises 2017 and Decree No. 80/2021/ND-CP, including branches and affiliated units that file VAT and CIT separately.

Multi-sector operations: If a business operates across multiple sectors and at least one of those sectors is listed in Annex I, then all VAT, CIT and PIT obligations of that business are eligible for deferral under this Decree.

Extended Deadlines – New Due Date Summary Tables

1. Value Added Tax (VAT) and PIT for Business Households and Individual Business Persons

Maximum extension: 5 months

Important: The extension does not apply to VAT on imported goods at the import stage.

2. Corporate Income Tax (CIT) – Provisional Quarterly Payments

3. Land Rental Fees

50% of land rental fees payable in the first instalment of 2026: 5-month extension

This provision also applies to taxpayers holding multiple land lease Decisions or Contracts and engaged in various business activities, provided at least one activity falls under a sector in Annex I.

How to Apply for an Extension – Simple, One-Time Process

A notable advantage of Decree 245/2026 is its straightforward procedure:

Step 1: File Tax Returns as Normal

Taxpayers must continue to file monthly/quarterly VAT and PIT returns in accordance with current regulations. The only difference is that payment of the actual tax amount is deferred for the extended period.

Step 2: Submit a Tax Deferral Request (Annex II)

• Use the Tax and Land Rental Fee Deferral Request Form issued together with this Decree (Annex II).

• Submit only once to cover all tax and land rental obligations eligible for deferral.

• Submission methods: Electronically via the tax authority's e-portal; or in person/by post to the directly managing tax authority.

• Deadline for submission: 02/11/2026 – requests received after this date will not qualify for the extension.

Step 3: No Approval Confirmation Required

The tax authority is not required to notify the taxpayer of acceptance. The tax management system will automatically update the extended deadlines based on the received request.

Note: If the Deferral Request is not submitted at the same time as the monthly/quarterly tax return, the latest deadline for submission remains 02/11/2026.

Late Payment Penalties During the Extension Period

This is the most significant financial benefit for businesses:

No late payment interest will be charged on any deferred tax or land rental amount during the extension period, including where:

• A taxpayer files a supplementary declaration that increases the tax payable for a deferred period (provided the supplementary filing is made before the extended due date).

• A competent authority determines through inspection or audit that the taxpayer has additional amounts payable for deferred periods.

Warning: If, after the extension period, the tax authority determines that a taxpayer did not qualify for the extension, the business will be required to pay all outstanding tax, penalties and late payment interest to the state budget.

Special Notes: Supplementary Declarations and Capital Construction Projects

Supplementary Declarations

• Filed before the extended due date → the additional tax amount is also covered by the extension.

• Filed after the extended due date → the additional amount payable is not eligible for the extension.

State-Budget-Funded Capital Construction Projects

When a project owner processes a payment with the State Treasury, they must attach proof that the tax authority has received the contractor's Deferral Request (or a stamped copy of the received request). The State Treasury will use this as the basis for withholding VAT deductions during the extension period. Once the extension expires, the contractor must pay all deferred tax in full.

Frequently Asked Questions About Decree 245/2026/ND-CP

Q1: When does Decree 245/2026/ND-CP take effect?

The Decree is effective from its signing date (27 June 2026) through 30 December 2026. After this period, all tax payment deadlines revert to standard regulations under the Law on Tax Administration.

Q2: If a business has already paid its tax before the Decree took effect, can it receive a refund?

No. If a taxpayer has already paid taxes or land rental fees that would otherwise qualify for deferral prior to the effective date of this Decree, no adjustment or refund will be made.

Q3: Can a multi-sector business receive a full extension on all taxes?

Yes. If at least one of a business's operating sectors is listed in Annex I of the Decree, the business is entitled to defer all its VAT, CIT and PIT obligations under this Decree.

Q4: Does the extension apply to import VAT?

No. The extension does not apply to VAT assessed at the import stage.

Q5: If a business has operations in multiple provinces, where should the Deferral Request be submitted?

Submit to the directly managing tax authority for the business. That authority is responsible for transmitting the request information to relevant tax authorities in other provinces.

Q6: What is the legal basis for determining whether a business qualifies as a small or micro enterprise?

Classification follows the Law on Support for Small and Medium-sized Enterprises 2017 and Decree No. 80/2021/ND-CP dated 26 August 2021. Businesses self-declare their classification and are legally responsible for the accuracy of the information provided.

How MS-ONE Supports Your Business During This Extension Period

The extension policy provides valuable financial breathing room – but to take full advantage, businesses must act correctly, completely and on time in accordance with the prescribed procedures.

MS-ONE provides a full-service package:

✅ Eligibility Check: Verify whether your business falls within the 43 qualifying sectors listed in Annex I.

✅ Deferral Request Drafting: Prepare the Tax and Land Rental Fee Deferral Request Form (Annex II) accurately and completely.

✅ Electronic or Physical Submission: Submit the request via the e-portal or assist with in-person/postal submission to the relevant tax authority.

✅ Deadline Monitoring: Track all extended payment deadlines to ensure timely payment and avoid late payment penalties.

✅ Cash Flow Planning Advisory: Help you make the most of the extended payment windows to optimise your business cash flow.

📞 Contact MS-ONE today for a free consultation on Decree 245/2026/ND-CP and the tax payment extension process for your business.

Quick Reference Summary – Decree 245/2026/ND-CP

This article has been compiled and prepared by MS-ONE based on Decree No. 245/2026/ND-CP dated 27 June 2026 issued by the Government of Vietnam. The information is for reference purposes only. Businesses are advised to consult a qualified tax professional for advice specific to their circumstances.