Smoothing progress of household businesses
The operating environment for household businesses is changing in order for them to reach their full potential.
30% tax reduction for entities with revenue under $383,000 approved
The Resolution is set to take effect on August 24, 2026, and will be applicable for the 2026 and 2027 tax years.
Da Nang supports digital transformation for over 59,200 SMEs
The central city currently has over 61,100 active businesses. Of these, micro, small, and medium enterprises (MSMEs) account for more than 97%, equivalent to over 59,200 units.
Household businesses below tax threshold exempt from bookkeeping
Business households and individuals with annual revenue of VND200 million (nearly $7,600) or less (previously VND500 million) will not be subject to value-added tax (VAT) and personal income tax.