PROFESSIONAL NEWSLETTER FOR MAY 2026

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SUMMARY OF LEGAL DOCUMENTS

PROFESSIONAL NEWSLETTER FOR MAY 2026

INTRODUCTORY SECTION:

In May 2026, several notable legal developments were introduced in the areas of taxation, accounting, insurance, and investment. Key highlights include new regulations allowing input VAT deductions for deferred and installment purchases that have not yet reached the payment due date, the introduction of a new accounting regime for micro-enterprises effective from 01 July 2026, and guidance on the implementation of supplementary pension insurance schemes. In addition, new forms and templates for investment procedures were issued, together with updated regulations on conditional business investment sectors and trades. Overall, these legal updates aim to support businesses, simplify administrative procedures, and enhance the effectiveness of state management.

SUMMARY:

PART I: TAX POLICIES

  1. Decree No. 144/2026/ND-CP dated 05 May 2026 amending Decree No. 181/2025/ND-CP guiding the Law on Value Added Tax (VAT) (Issued on: 05 May 2026; Effective from: 20 June 2026)

PART II: ACCOUNTING AND AUDITING POLICIES

  1. Circular No. 58/2026/TT-BTC dated 25 May 2026 providing guidance on the Accounting Regime for Micro-Enterprises (Issued on: 25 May 2026; Effective from: 01 July 2026)

PART III: LABOR AND INSURANCE POLICIES

  1. Decree No. 85/2026/ND-CP dated 25 March 2026 on Supplementary Pension Insurance (Issued on: 25 March 2026; Effective from: 10 May 2026)

PART IV: ENTERPRISE AND INVESTMENT POLICIES

  1. Decree No. 187/2026/ND-CP dated 27 May 2026 guiding the Law on Rehabilitation and Bankruptcy (Issued on: 27 May 2026; Effective from: 27 May 2026)
  2. Resolution No. 66.17/2026/NQ-CP dated 15 May 2026 on the reduction and amendment of conditional business investment sectors and trades (Issued on: 15 May 2026; Effective from: 01 July 2026)
  3. Circular No. 55/2026/TT-BTC dated 15 May 2026 prescribing forms and reports related to investment activities in Vietnam (Issued on: 15 May 2026; Effective from: 15 May 2026)

General Note:

This newsletter is for reference only – businesses or individuals should review the full text and, if necessary, consult legal experts to ensure proper compliance with procedures and forms.