Vietnam: How many days until the Hung Kings’ Commemoration Day in 2025? How to handling the case where the tax payment deadline coincides with Hung Kings’ Commemoration Day 2025?
Vietnam: How many days until the Hung Kings’ Commemoration Day in 2025?
Hung Kings’ Commemoration Day (the 10th day of the 3rd lunar month) is the nearest public holiday following the Lunar New Year of At Ty 2025. It is one of the major holidays in Vietnam, meant to commemorate the foundational contributions of the Hung Kings.
Pursuant to Article 112 of the Labor Code 2019 regarding public holidays and Tet, as follows:
Public holidays and Tet
- Employees are entitled to leave with full pay on the following holidays and Tet:
a) New Year’s Day: 01 day (January 01 of the Gregorian calendar);
b) Lunar New Year: 05 days;
c) Victory Day: 01 day (April 30 of the Gregorian calendar);
d) International Workers’ Day: 01 day (May 01 of the Gregorian calendar);
đ) National Day: 02 days (September 02 of the Gregorian calendar, and 01 day immediately before or after);
e) Hung Kings’ Commemoration Day: 01 day (the 10th day of the 3rd lunar month).
- Foreign workers working in Vietnam, apart from the holidays mentioned in Clause 1 of this Article, are entitled to an additional one traditional new year day and one national day of their home country.
3. Annually, based on actual conditions, the Prime Minister of Vietnam decides specific holiday dates as regulated at Points b and đ, Clause 1 of this Article.
Under the current regulations, workers and students nationwide will have a day off on this occasion.
Hung Kings’ Commemoration Day 2025 falls on Monday, April 07, 2025, of the Gregorian calendar. Thus, individuals will have an extended holiday of at least 2 consecutive days, including Sunday (April 06) and the holiday (April 07).
As of today, February 01, 2024, there are 64 days remaining until April 07, 2025, the Hung Kings’ Commemoration Day 2025.
This information is for reference only.
Vietnam: How to handling the case where the tax payment deadline coincides with Hung Kings’ Commemoration Day 2025?
Pursuant to Article 86 of the Circular 80/2021/TT-BTC as follows:
Deadline for Tax Declaration Submission and Tax Payment
The deadline for tax declaration submission is governed by Clause 1, 2, 3, 4, 5, Article 44 of the Tax Administration Law and Article 10 of Decree 126/2020/ND-CP. The deadline for tax payment follows Clause 1, 2, 3, Article 55 of the Tax Administration Law and Article 18 of Decree 126/2020/ND-CP. In cases where these deadlines coincide with a public holiday, the deadline for tax declaration submission and tax payment is considered the next working day, as stipulated by the Civil Code.
Thus, when the deadline for tax declaration and tax payment coincides with Hung Kings’ Commemoration Day 2025 as per regulation, the deadline for tax declaration submission and tax payment is moved to the next working day following the holiday.
Note: The time for electronic tax declaration and payment is 24 hours a day and 7 days a week, including holidays and Tet as per Article 8 of the Circular 19/2021/TT-BTC.
What are the penalties for late submission of tax declarations in Vietnam?
According to Article 13 of Decree 125/2020/ND-CP, the penalties for late submission of tax declarations are as follows:
- A warning is issued for tax declaration submissions that are late by 1 to 5 days and have mitigating circumstances.
- A monetary fine ranging from VND 2,000,000 to VND 5,000,000 applies to tax declaration submissions that are late by 1 to 30 days, except for cases specified in Clause 1, Article 13 of Decree 125/2020/ND-CP.
- A monetary fine ranging from VND 5,000,000 to VND 8,000,000 is applicable for tax declaration submissions that are late by 31 to 60 days.
- A monetary fine ranging from VND 8,000,000 to VND 15,000,000 applies for the following:
+ Tax declarations submitted more than 61 to 90 days late;
+ Tax declarations submitted over 91 days late without an outstanding tax liability;
+ No tax declarations submitted but without an outstanding tax liability;
+ Failure to submit the required appendices on tax management for enterprises with related-party transactions attached to corporate income tax finalization documents.
- A monetary fine from VND 15,000,000 to VND 25,000,000 is imposed for tax declarations submitted over 90 days late from the due date, where there is an outstanding tax liability, and the taxpayer has paid the full tax amount and late payment fee into the state budget before the tax authority's tax inspection or audit decision announcement or before the tax authority records the act of late tax declaration submission as prescribed in Clause 11, Article 143 of the Tax Administration Law 2019.
Should the fine amount under this clause exceed the arising tax amount on the tax declaration, the maximum penalty is equal to the arising tax amount but not less than the average monetary fine as stipulated in Clause 4, Article 13 of Decree 125/2020/ND-CP.
Note: The above-mentioned fines apply to organizations. The penalties for individuals committing the same violations are 50% of those for organizations, based on Clause 5, Article 5 of Decree 125/2020/ND-CP.
