SUMMARY OF LEGAL DOCUMENTS
PROFESSIONAL NEWSLETTER FOR MARCH 2026
INTRODUCTORY SECTION:
March 2026 witnessed several significant legal updates relating to invoices, taxation, and investment. Notably, Decree No. 70/2025/ND-CP clarifies the timing of invoice issuance; Circular No. 20/2026/TT-BTC provides guidance on determining taxable revenue for Corporate Income Tax; and the Law on Investment 2025 introduces major reforms to investment procedures. Overall, these new regulations aim to simplify administrative procedures and enhance transparency for businesses.
SUMMARY TABLE:
| No. | Title, reference number, date of issuance and effective date | Content |
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PART I: INVOICE AND DOCUMENT POLICIES |
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| 1 | Decree No. 70/2025/ND-CP dated 20 March 2025 amending Decree No. 123/2020/ND-CP on invoices and documents (Promulgated on 20 March 2025, effective from 01 June 2025) | Decree No. 70/2025/ND-CP supplements and clarifies the timing of invoice issuance for the sale of goods, provision of services, and particularly for exported goods, while also providing specific regulations for certain specialized sectors to ensure consistency in practical implementation. |
| 2 | Circular No. 06/2026/TT-BTC dated 26 January 2026 amending Circular No. 13/2015/TT-BTC on inspection, supervision, suspension of customs procedures for exported and imported goods related to intellectual property protection; control of counterfeit goods and goods infringing intellectual property rights, as amended by Circular No. 13/2020/TT-BTC (Promulgated on 26 January 2026, effective from 01 March 2026) | Circular No. 06/2026/TT-BTC amends and supplements regulations on dossiers for inspection and supervision of exported and imported goods related to intellectual property rights, aiming to strengthen control of counterfeit goods and protect intellectual property rights. |
| PART II: TAX LAW POLICIES | ||
| 1 | Circular No. 20/2026/TT-BTC dated 12 March 2026 guiding the Law on Corporate Income Tax and Decree No. 320/2025/ND-CP (Promulgated on 12 March 2026, effective from 12 March 2026) | Circular No. 20/2026/TT-BTC provides detailed regulations on the timing for determining taxable revenue for Corporate Income Tax in specific cases for both domestic and foreign enterprises, ensuring consistency in revenue recognition. |
| 2 | Circular No. 04/2026/TT-BCT dated 26 January 2026 on tariff quota for importation of raw tobacco materials (Promulgated on 26 January 2026, effective from 15 March 2026) | Circular No. 04/2026/TT-BCT stipulates the tariff quota for importation of raw tobacco materials in 2026 (79,199 tons), and defines the eligible entities, allocation method, and timing for quota distribution. |
| PART III: ENTERPRISE AND INVESTMENT POLICIES | ||
| 1 | Law on Investment 2025 (Promulgated on 11 December 2025, effective from 01 March 2026) | The Law on Investment 2025 introduces significant reforms, including reducing business conditions, simplifying investment procedures, and enhancing investor autonomy, thereby improving the investment and business environment. |
| PART IV: OTHER LEGAL POLICIES | ||
| 1 | Circular No. 59/2025/TT-NHNN dated 29 December 2025 on the provision and use of specialized digital signatures and digital signature certificates of the State Bank of Vietnam (Promulgated on 29 December 2025, effective from 01 March 2026) | Circular No. 59/2025/TT-NHNN stipulates the conditions, dossier, and procedures for restoring specialized digital signature certificates of the State Bank of Vietnam, ensuring continuity and security in electronic transactions. |
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.
