What are penalties for late submission of tax declaration in 2025 in Vietnam?

What are penalties for late submission of tax declaration in 2025 in Vietnam?​ (Image from the internet)

What are penalties for late submission of tax declaration in 2025 in Vietnam?​

(1) Warning penalties for late submission of tax declarations from 1 to 5 days with mitigating circumstances.

(2) Monetary fines from 2,000,000 VND to 5,000,000 VND for late submission of tax declarations from 1 to 30 days, except for the case stated in (1).

(3) Monetary fines from 5,000,000 VND to 8,000,000 VND for late submission of tax declarations from 31 to 60 days.

(4) Monetary fines from 8,000,000 VND to 15,000,000 VND for the following acts:

- Late submission of tax declarations from 61 to 90 days;

- Late submission of tax declarations from 91 days or more without any payable tax amount;

- Non-submission of tax declarations without any payable tax amount;

- Non-submission of appendices as required in the tax management regulations for enterprises with related-party transactions attached to the enterprise income tax finalization declaration.

(5) Monetary fines from 15,000,000 VND to 25,000,000 VND for late submission of tax declarations over 90 days from the due date, where there is a payable tax amount and the taxpayer has fully paid the tax, late payment amount into the state budget before the tax authority issues a decision for tax inspection, audit, or before the tax authority records the act of late submission of tax declarations according to Clause 11, Article 143 of the Tax Management Law 2019.

If the fine amount, when applied according to this clause, exceeds the tax amount arising from the tax declaration, the maximum fine in this case is equal to the payable tax amount on the tax declaration but not less than the average fine level specified in (4).

Additionally, corrective measures are applied:

- Compulsory payment of the late tax payment amount into the state budget for violations stipulated above in the case the taxpayer files tax declarations late leading to late tax payment;

- Mandatory filing of tax declarations, appendices attached to the tax declaration for acts specified in points c, d, Clause 4, Article 13 of Decree 125/2020/ND-CP.

Note: This is the penalty for individuals. For the same administrative tax and invoice violation, the penalty for organizations is twice that for individuals.

(Clause 5, Article 5 and Article 13 of Decree 125/2020/ND-CP)

Regulations on extension of tax declaration filing in Vietnam

Article 46 of the Tax Management Law 2019 stipulates the extension of tax declaration filing as follows:

- Taxpayers who are unable to file tax declarations on time due to natural disasters, disasters, epidemics, fires, unexpected accidents are granted an extension by the head of the directly managing tax authority.

- The extension period is not more than 30 days for monthly, quarterly, yearly tax declarations, or tax declarations each time tax obligations arise; 60 days for tax finalization declaration filing from the due date.

- Taxpayers must submit a written request for an extension of tax declaration filing to the tax authority before the tax declaration deadline, specifying the reason for the extension with confirmation from the commune-level People's Committee or police in the locality where the extension case arises.

- Within 3 working days from the date of receipt of the written request for extension of tax declaration filing, the tax authority must respond in writing to the taxpayer regarding the acceptance or rejection of the extension request.

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