According to Decree 68/2026 and Circular 18/2026, april 20 is the deadline for business households and individuals to notify tax authorities of bank accounts and e-wallets related to their business activities. Opening a separate bank account for business operations is a necessary step to meet these new management requirements.

The new regulations signal a shift in tax management from a lump-sum approach to a self-declaration, calculation, and payment mechanism based on actual revenue. Revenue thresholds of 500 million, 1 billion, and 3 billion VND annually define tax obligations and indicate the required level of financial management. As business scale increases, demands for cash flow transparency, documentation, and capital sources change accordingly.

Financial solutions suite for business households and SMEs. Photo: VIB

In this context, VIB developed its VIB Business solutions suite to support business households and small enterprises in adapting to new operational requirements. For annual revenue of 500 million VND and above, periodic tax declaration and payment begin. Using a single account for personal and business expenses is no longer suitable, as each transaction needs to be recorded and traceable for reconciliation.

The VIB iBusiness and sBusiness account packages are designed for individual business owners and small enterprises, offering unlimited transaction limits and waived fees. Accounts are set up under the name on the business registration, meeting account regulations and ensuring transparency for financial transactions.

VIB is currently offering cashback of up to 168,000 VND for customers who register for a package during this period. Additionally, the bank provides a QR Payment kit and VIB Noti speaker, a voice-activated transaction notification device, which supports real-time payment tracking at the counter.

The VIB Business payment card helps separate business expenses; all transactions are automatically recorded on electronic statements, and documents can be exported instantly without manual reconciliation. The card offers an annual fee waiver when spending reaches 50 million VND annually, and foreign currency conversion fees gradually reduce to 0% based on sales volume, suitable for business households and enterprises with international payment transactions.

To monitor cash flow continuously instead of waiting for month-end summaries, the VIB Business app digital platform allows real-time updates of all financial data. Revenue is recorded as soon as it arises, transaction history can be looked up at any time, and business owners can delegate transaction authority to employees on the same platform for management.

The application also integrates SoftPOS, allowing direct card payments on mobile phones, along with QR Payment, supporting cashless payments for each store. As a result, revenue and expenditure transactions are automatically recorded, creating a transparent data foundation for periodic tax declarations.

From an annual revenue threshold of 1 billion VND, electronic invoices become mandatory for goods and services sales transactions. As business scale increases, working capital pressure also rises, as business households often pre-fund goods, personnel, and operations while incoming cash flow has a delay.

In addition to tools for operating and managing finances according to new standards, VIB also offers the VIB Business credit card as a supplementary source of short-term working capital. With an interest-free period of up to 58 days, business owners can pay for operating expenses as they arise, then balance cash flow for repayment without incurring financial costs. Customers can leverage the unlimited 1% cashback mechanism on various spending categories, from inventory purchases, advertising, software, to airline tickets or international transactions, helping to optimize operational costs.

When revenue exceeds 3 billion VND annually, business households must apply the personal income tax calculation method based on actual income, meaning revenue minus reasonable expenses multiplied by the corresponding tax rate. At this stage, a clear and consistent system of input documents not only helps meet legal requirements but also supports businesses in optimizing their tax obligations. Simultaneously, capital needs to maintain and expand operations increase significantly.

Besides the financial solutions mentioned, business households can also access working capital loan packages from VIB with limits of up to 100 billion VND. The loan-to-value ratio for real estate collateral is up to 80%, providing additional financial resources for growth plans.

The application process is simple and flexible, suitable for the operational characteristics of SMEs and business households, which often lack complex financial systems like larger enterprises.

According to the bank's representative, regardless of the revenue milestone, the VIB Business solutions suite offers suitable tools that can expand with the development of business households and enterprises. In an increasingly transparent and standardized legal environment, building a financial management foundation early is an important preparatory step to help business households and SMEs proactively adapt to market changes and achieve sustainable growth.

Hoang Dan

Learn more about the VIB Business financial solutions suite here.