WHAT ARE THE ALL PREFERENTIAL CORPORATE INCOME TAX RATES UNDER THE LATEST DECREE 320? WHAT ARE THE PREFERENTIAL TAX RATES UNDER DECREE 320? 

What are the all preferential corporate income tax rates under the latest Decree 320? What are the preferential tax rates under Decree 320? Let’s find out more with Pham Consult!

 What Are The All Preferential Corporate Income Tax Rates Under The Latest Decree 320? What Are The Preferential Tax Rates Under Decree 320?

On December 15, 2025, the Government issued Decree 320/2025/ND-CP detailing some provisions and measures to organize and guide the implementation of the 2025 Corporate Income Tax Law. This includes provisions on preferential corporate income tax rates.

Based on Article 19 of Decree 320/2025/ND-CP, the preferential corporate income tax rates are as follows:

(1) Applying a 10% tax rate for 15 years to:

– Income of enterprises from implementing new investment projects as stipulated in points a, b, c, d and e of Clause 2, Article 18 of Decree 320/2025/ND-CP; income of enterprises as stipulated in point e of Clause 2, Article 18 of Decree 320/2025/ND-CP;

– Income of enterprises from implementing investment projects as stipulated in points g and h, Clause 2, Article 18 of Decree 320/2025/ND-CP;

– Income of enterprises from implementing new investment projects in the areas stipulated in point a, Clause 3, Article 18 of Decree 320/2025/ND-CP;

– Income of enterprises from implementing new investment projects in high-tech zones, high-tech agricultural zones, and concentrated digital technology zones; New investment projects in economic zones located in tax-incentive areas as stipulated in points a and b, Clause 3, Article 18 of Decree 320/2025/ND-CP, including cases where more than 50% of the area of a new investment project in an economic zone is located in a tax-incentive area as stipulated in points a and b, Clause 3, Article 18 of Decree 320/2025/ND-CP.

(2) Apply a 10% tax rate throughout the operating period to:

– Income of enterprises in tax-incentive areas as stipulated in point b, Clause 3, Article 18 of this Decree from activities in the industries and professions stipulated in points k and l, Clause 2, Article 18 of Decree 320/2025/ND-CP;

– Income of enterprises from activities in the sectors and professions specified in points i, r, and s of Clause 2, Article 18 of Decree 320/2025/ND-CP;

– Income of publishing houses from activities in the sectors and professions specified in point t of Clause 2, Article 18 of Decree 320/2025/ND-CP;

– Income of cooperatives and cooperative unions specified in point q of Clause 2, Article 18 of Decree 320/2025/ND-CP not located in the areas specified in Clause 3, Article 18 of Decree 320/2025/ND-CP;

– Income of press agencies in the sectors and professions specified in point u of Clause 2, Article 18 of Decree 320/2025/ND-CP.

(3) Apply a tax rate of 15% throughout the operating period to the income of enterprises not located in the areas specified in Clause 3, Article 18 of Decree 320/2025/ND-CP from activities in the industries and professions specified in Point l, Clause 2, Article 18 of Decree 320/2025/ND-CP.

(4) Apply a tax rate of 17% for a period of 10 years to:

– New investment projects in the preferential industries and professions specified in Points m, n, and o, Clause 2, Article 18 of Decree 320/2025/ND-CP;

– New investment projects implemented in the areas specified in Point b, Clause 3, Article 18 of Decree 320/2025/ND-CP;

– New investment projects in economic zones not located in the areas specified in points a and b of Clause 3, Article 18 of Decree 320/2025/ND-CP, including cases where a new investment project of an enterprise is implemented in an economic zone and more than 50% of the area of the new investment project is located in an area that is not a tax-incentive area specified in points a and b of Clause 3, Article 18 of Decree 320/2025/ND-CP.

(5) Applying a tax rate of 17% throughout the operating period to the income of the enterprise as specified in point p, Clause 2, Article 18 of Decree 320/2025/ND-CP.

(6) Extending the period and applying preferential tax rates

– The Prime Minister decides to extend the period of application of preferential tax rates for a maximum of 15 years for the cases specified in points b and c of this clause;

– New investment projects as stipulated in points a, b, d, and e of Clause 2, Article 18 of Decree 320/2025/ND-CP, with a minimum investment capital of VND 6,000 billion, and having a significant socio-economic impact, are especially encouraged;

– Investment projects as stipulated in point g of Clause 2, Article 18 of Decree 320/2025/ND-CP that meet one of the following criteria:

• Producing goods with global competitiveness, achieving revenue of over 20,000 billion VND/year no later than 5 years from the date of revenue from the investment project;

• Regularly employing over 6,000 workers as determined by the law on labor;

• Investment projects in the field of economic and technical infrastructure, including: Investment in the development of water plants, power plants, water supply and drainage systems, bridges, roads, railways, airports, seaports, river ports, airfields, train stations, new energy, clean energy, energy-saving industries, and petrochemical projects;

• For new investment projects specified in point h, clause 2, Article 18 of Decree 320/2025/ND-CP, the Prime Minister shall decide on the application of a tax rate reduction of no more than 50% of the tax rate specified in (1); The period of application of preferential tax rate shall not exceed 1.5 times the period of application of preferential tax rate stipulated in (1) and may be extended for no more than 15 years but shall not exceed the term of the investment project.

(7) The period of application of preferential tax rate for income from the implementation of new investment projects of enterprises stipulated in Article 19 of Decree 320/2025/ND-CP (including the project mentioned in point g, clause 2, Article 18 of Decree 320/2025/ND-CP) shall be calculated from the first year the new investment project of the enterprise has revenue.

In cases where a business is granted a Certificate of High-Tech Enterprise, a Certificate of High-Tech Agricultural Enterprise, a Certificate of Science and Technology Enterprise, a Certificate of High-Tech Application Project, or a Confirmation of Preferential Treatment for a Supporting Industrial Product Production Project after the revenue is generated, the period for applying the preferential tax rate is calculated from the year the Certificate or Confirmation of Preferential Treatment is granted.

What is the scope of application of Decree 320?

Based on Clause 1, Article 1 of Decree 320/2025/ND-CP, the scope of application of Decree 320 is as follows:

• It details several articles of the Corporate Income Tax Law 2025, including: Article 2; Article 3; Article 4; Article 8; Article 9; Clause 3, Article 10; Clause 2, Article 11; Clauses 2, 3 and 4, Article 12; Clause 1, Article 13; Clause 6 of Article 14; Article 15; Article 16; Clauses 1, 3 and 5 of Article 18; Clause 3 of Article 19;

• Stipulates measures to organize and guide the implementation of the Corporate Income Tax Law 2025, including: Determining taxable income; basis for tax calculation; tax rate; tax calculation method; principles and subjects of application of corporate income tax incentives; preferential tax rate; tax exemption and reduction; conditions for applying tax incentives; establishment of the Enterprise Science and Technology Development Fund; effective date.

What does taxable income for corporate income tax include?

Based on Article 3 of the 2025 Corporate Income Tax Law, taxable income includes:

(1) Taxable income includes income from the production and business of goods and services and other income as stipulated in clause (2)

(2) Other income includes:

• Income from the transfer of capital, transfer of capital contribution rights, transfer of securities;

• Income from the transfer of real estate, excluding income from the transfer of real estate by real estate businesses;

• Income from the transfer of investment projects, transfer of the right to participate in investment projects, transfer of the right to explore, exploit, and process minerals;

• Income from the transfer, lease, and liquidation of assets, including securities, excluding real estate;

• Income from the right to use and own assets, including income from intellectual property rights and technology transfer;

• Income from interest on deposits, interest on loans, and foreign currency sales, excluding income from credit activities of credit institutions;

• Provisions for expenses that were not used or not fully used and which the enterprise did not account for as a reduction in deductible expenses; bad debts previously written off but now recovered; debts payable with unidentified creditors; income from business activities in previous years that were overlooked but now discovered;

• Differences between income from fines, compensation for breach of economic contracts, or bonuses for fulfilling contractual commitments;

• Donations and gifts in cash or in kind received;

• Differences from asset revaluation according to legal regulations for capital contribution, transfer during mergers, consolidations, divisions, separations, changes of ownership, or changes in business type;

• Income from business cooperation contracts;

• Income from production and business activities abroad;

• Income of public non-business units from activities of leasing public assets;

• Other income, except for income exempt from tax as stipulated in Article 4 of this Law.

(3) Taxable income arising in Vietnam of foreign enterprises as stipulated in points c and d of Clause 2, Article 2 of the 2025 Corporate Income Tax Law is income received originating from Vietnam, regardless of the location of business operations.

(4) Vietnamese enterprises investing abroad that generate income from production and business activities abroad during the tax period are allowed to deduct the amount