The Law on Personal Income Tax No. 109/2025/QH15 has added many new tax exemption and discount insurance policies to encourage the event of excessive technology and the digital technology industry.
Pursuant to Clause 2, Article 5 of the 2025 Law on Personal Income Tax, people who’re high-quality digital technology industry human resources shall be exempt from private income tax for a interval of 05 years for income from wages and salaries arising from the next actions:
- Projects partaking in digital technology industry actions inside centralized digital technology zones;
- Projects for analysis and improvement, manufacturing of key digital technology merchandise, semiconductor chips, and synthetic intelligence methods;
- Activities of coaching human resources for the digital technology industry.
Furthermore, based on Clause 3, Article 5, people who’re high-tech human resources finishing up analysis and improvement actions in excessive technology or strategic technology falling underneath the List in accordance with the regulation on excessive technology shall even be exempt from PIT for a interval of 05 years for income from wages and salaries.
Previously, incentives for high-tech human resources have been solely not directly mirrored in legal guidelines on excessive technology, funding, science, and technology, with out particular provisions for PIT exemption in tax legal guidelines.
The 2025 Law on Personal Income Tax shall take impact on July 01, 2026. Provisions associated to income from enterprise, wages, and salaries of residents shall apply from the 2026 tax calculation interval.