household businesses

Update news household businesses

Nearly 1,500 household businesses converted into registered enterprises in H1

Authorities are now looking ahead to revising the Law on Tax Administration to ensure fair, convenient and transparent tax policies for all business models, especially household businesses.

Vietnam tax officials push phase-out of outdated fixed-rate model

According to senior tax officials, the fixed-rate tax model is no longer suited to current realities due to the evolving nature and scale of business operations.

Why Vietnam’s household businesses resist growth

Contributing 30% of GDP, household businesses are vital - yet legal burdens deter them from transitioning into enterprises.