Extending the deadline for paying taxes and land rent in 2024.

Eligible applicants

* Businesses, organizations, households, business households, and individuals engaged in production activities in the following economic sectors:

- Agriculture, forestry, and fisheries;

- Food production and processing; textiles; garment manufacturing; leather and related product manufacturing; wood processing and manufacturing of wood, bamboo, and rattan products (excluding beds, wardrobes, tables, and chairs); manufacturing of straw and woven materials; paper and paper product manufacturing; rubber and plastic product manufacturing; manufacturing of other non-metallic mineral products; metal manufacturing; mechanical processing; metal treatment and coating; manufacturing of electronic products, computers, and optical products; manufacturing of automobiles and other motor vehicles; manufacturing of beds, wardrobes, tables, and chairs;

- Build;

- Publishing activities; film production, television program production, sound recording and music publishing;

- Exploitation of crude oil and natural gas (no extension for corporate income tax on crude oil, condensate, and natural gas collected under agreements and contracts);

- Production of beverages; printing and reproduction of various types of recordings; production of coke and refined petroleum products; production of chemicals and chemical products; production of prefabricated metal products (excluding machinery and equipment); production of motorcycles and scooters; repair, maintenance and installation of machinery and equipment;

- Drainage and wastewater treatment.

* Businesses, organizations, households, business households, and individuals engaged in business activities in the following economic sectors:

- Transportation and warehousing; accommodation and food services; education and training; health and social assistance activities; real estate business activities;

- Labor and employment services; activities of travel agencies, tour operators and related support services for promoting and organizing tours;

- Creative, artistic and entertainment activities; activities of libraries, archives, museums and other cultural activities; sports and recreational activities; film screenings;

- Broadcasting and television activities; computer programming, consulting services and other computer-related activities; information service activities;

- Mining support services.

* Businesses, organizations, households, business households, and individuals engaged in the production of priority-development supporting industrial products and key mechanical products.

* Small and micro enterprises are defined according to the provisions of the Law on Support for Small and Medium-Sized Enterprises 2017 and Government Decree No. 80/2021/ND-CP dated August 26, 2021, detailing a number of articles of the Law on Support for Small and Medium-Sized Enterprises.

The economic sector, field of enterprises, organizations, households, business households, and individual businesses specified in (1), (2) and (3) above is the sector or field in which enterprises, organizations, households, business households, and individual businesses have production and business activities and generate revenue in 2023 or 2024.

* Extension of the tax filing deadline in 2024

- Regarding value-added tax (excluding value-added tax on imports):

Extending the deadline for paying value-added tax (VAT) due (including tax allocated to other provincial localities where the taxpayer has its head office, and tax payable on a transaction-by-transaction basis) for the tax period from May to September 2024 (for monthly VAT declarations) and the second and third quarters of 2024 (for quarterly VAT declarations) for eligible businesses and organizations.

The extension period is 5 months for the value-added tax (VAT) amounts for May 2024, June 2024, and the second quarter of 2024; 4 months for the VAT amount for July 2024; 3 months for the VAT amount for August 2024; and 2 months for the VAT amount for September 2024 and the third quarter of 2024.

The extension period is calculated from the date of the deadline for paying value-added tax as stipulated by the law on tax administration.

Businesses and organizations eligible for an extension to file monthly and quarterly value-added tax returns according to current law are not yet required to pay the value-added tax payable as stated on the filed returns.

- Regarding corporate income tax:

Extending the deadline for paying the provisional corporate income tax for the second quarter of the 2024 corporate income tax period for businesses and organizations eligible for the extension.

The extension period is 3 months, starting from the date of the deadline for paying corporate income tax as stipulated by the law on tax administration.

- Regarding value-added tax and personal income tax for household businesses and individual businesses.

Extend the deadline for paying value-added tax and personal income tax for tax amounts due in 2024 for household businesses and individual businesses operating in economic sectors and fields eligible for the extension.

Household businesses and individual business owners must pay the extended tax amount under this clause no later than December 30, 2024.

* Extend the deadline for paying land rent.

Extend the deadline for paying 50% of the land rent due in 2024 (the second payment period of 2024) for businesses, organizations, households, and individuals eligible for the extension who are currently leasing land directly from the State under a Decision or Contract of a competent state agency in the form of annual land rent payments.

The extension period is 2 months from October 31, 2024.

In cases where enterprises, organizations, business households, and individual businesses engage in production and business activities across multiple economic sectors, including those specified in Clauses 1, 2, and 3 of Article 3 of Decree No. 64/2024/ND-CP: Enterprises and organizations are granted an extension for the full payment of value-added tax and corporate income tax; business households and individual businesses are granted an extension for the full payment of value-added tax and personal income tax as guided in this Decree.