A reader recounts how their siblings were unexpectedly prevented from leaving the country at the airport due to outstanding tax debts.

Beyond self-keeping records, business household owners can assign family members (spouses, parents, siblings) to handle accounting tasks.

Business households in Vietnam face administrative penalties for violations related to business registration, tax declaration, and tax evasion.

Business households must review revenue, inventory, register for e-invoicing, and set up bank accounts to prepare for the transition to a self-declaration tax mechanism starting in early 2026.

From 2026, business households will switch to paying personal income tax on profit instead of lump-sum tax, while value-added tax calculation methods will remain unchanged.

Business households and individuals will determine their tax liability based on actual annual revenue under a new draft decree.

Experts say taxing profits is inherently sound and progressive, helping household businesses significantly lower their tax expenses.