What is the next Vietnamese holiday after Tet holiday? How to handle if the tax submission deadlines fall on public holidays in Vietnam?
What is the next Vietnamese holiday after Tet holiday?
Hung Kings' Commemoration Day (the 10th day of the 3rd lunar month) is the next holiday after Tet holiday. This is one of the major holidays in Vietnam to commemorate the founding efforts of the Hung Kings.
Based on Article 112 of the Labor Code 2019 concerning holidays and New Year, as follows:
Public Holidays
- Employees are entitled to a fully paid leave on the following holidays:
a) Solar New Year: 1 day (January 1 on the Gregorian calendar);
b) Lunar New Year: 5 days;
c) Victory Day: 1 day (April 30 on the Gregorian calendar);
d) International Labor Day: 1 day (May 1 on the Gregorian calendar);
đ) National Day: 2 days (September 2 on the Gregorian calendar and 1 day preceding or succeeding it);
e) Hung Kings' Commemoration Day: 1 day (the 10th day of the 3rd lunar month).
- Foreign employees working in Vietnam, in addition to the holidays stipulated in Clause 1 of this Article, are entitled to an additional 1 traditional day of their country and 1 national day of their country.
3. Annually, based on actual conditions, the Prime Minister of Vietnam decides specific days for holidays stipulated in Point b and Point đ of Clause 1 of this Article.
According to the current regulations, employees and students nationwide will have a 1-day break on this occasion.
Hung Kings' Commemoration Day 2025 falls on Monday, April 7, 2025, according to the Gregorian calendar. Therefore, people will have a holiday lasting at least 2 consecutive days, including Sunday (April 6) and the holiday (April 7).
The information is for reference only.
How to handle if the tax submission deadlines fall on public holidays in Vietnam?
Based on Article 86 of Circular 80/2021/TT-BTC which stipulates:
Tax Filing and Payment Deadlines
The time for filing tax returns is implemented as prescribed in Clauses 1, 2, 3, 4, 5 of Article 44 of the Law on Tax Administration and Article 10 of Decree No. 126/2020/ND-CP. The tax payment deadline is implemented as prescribed in Clauses 1, 2, 3 of Article 55 of the Law on Tax Administration and Article 18 of Decree No. 126/2020/ND-CP. If the tax filing or payment deadline coincides with a holiday as stipulated, the deadline for filing tax returns and paying taxes is considered to be the next working day following that holiday, as prescribed by the Civil Code.
Therefore, when the tax filing or payment deadline coincides with a designated holiday, the deadline for filing tax returns and paying taxes is deferred to the next working day following that holiday or New Year period.
Note: The timing for electronic tax filing and payment is available 24 hours per day and 7 days per week, including holidays and New Year's days as per Article 8 of Circular 19/2021/TT-BTC.
What are penalties for late submission of tax returns in Vietnam?
Pursuant to Article 13 of Decree 125/2020/ND-CP, the penalties for late submission of tax returns are specified as follows:
- A warning is issued for late submission of tax returns from 1 day to 5 days with mitigating circumstances.
- A fine ranging from 2,000,000 VND to 5,000,000 VND applies for late submission of tax returns from 1 day to 30 days, except in cases specified in Clause 1, Article 13 of Decree 125/2020/ND-CP.
- A fine ranging from 5,000,000 VND to 8,000,000 VND applies for late submission of tax returns from 31 days to 60 days.
- A fine ranging from 8,000,000 VND to 15,000,000 VND applies to one of the following actions:
+ Late submission of tax returns from 61 days to 90 days;
+ Late submission of tax returns from 91 days or more with no tax due;
+ Non-submission of tax returns with no tax due;
+ Failure to submit annexes as per tax management regulations for enterprises with related party transactions accompanying corporate income tax finalization returns.
- A fine ranging from 15,000,000 VND to 25,000,000 VND applies for late submission of tax returns by over 90 days post-deadline, with tax dues, where the taxpayer has paid the full tax and late payment interest to the state budget before the tax authority announces a tax inspection or audit decision or before the tax authority issues a record on the late submission of tax returns as per Clause 11, Article 143 of the Law on Tax Administration 2019.
In the case where the fine exceeds the payable tax on the return, the maximum fine shall be equal to the tax payable but not lower than the average fine of the penalty range specified in Clause 4, Article 13 of Decree 125/2020/ND-CP.
Note: The stipulated fines above are applicable to organizations. Fines for individuals with the same violations are 1/2 of the fines for organizations, based on Clause 5, Article 5 of Decree 125/2020/ND-CP.
