The Ministry of Finance is developing a tax framework for crypto assets based on the securities model.
The Ministry of Finance said it is Drafting a Circular stipulating tax policies for transactions, transfers, and trading of crypto assets , based on: Resolution No. 05/2025/NQ-CP Government regulations and current tax provisions on securities, including Value Added Tax (VAT), Corporate Income Tax (CIT), and Personal Income Tax (PIT) .
According to Clause 9, Article 4 of Resolution 05/2025/NQ-CP issued on [date] On September 9, 2025 , the Government stated:
"The tax policy for transactions, transfers, and trading of crypto assets will be applied in the same way as the tax regulations for securities until a separate tax policy for the crypto asset market in Vietnam is established."
The draft Circular is currently being developed according to Simplified procedures and processes to serve the pilot phase of the cryptocurrency market in Vietnam.
Cryptocurrency transactions are exempt from value-added tax.
About Value Added Tax (VAT) , draft Circular stipulating regulations. The transfer and trading of crypto assets are not subject to VAT .
However, For services related to crypto assets but not within the scope of transfer or direct business , organizations and businesses are still required to declare and pay VAT according to the general provisions of current tax laws.
This approach is structured in parallel with the policies currently applied to the stock market.
Income tax is applied at a rate of 20% for organizations and 0.1% of revenue for individuals.
For Corporate income tax : Investors who are organizations established and operating under Vietnamese law and have income from the transfer of crypto assets will Declare and pay corporate income tax at a rate of 20% , except for cases eligible for preferential treatment under the Corporate Income Tax Law. Taxable income is determined by the selling price minus the purchase price and related transfer costs .
Businesses that provide crypto asset services also apply this. 20% tax rate Regarding income from providing services.
Meanwhile, foreign organization Transferring crypto assets through a service provider in Vietnam will Corporate income tax is paid at a rate of 0.1% on revenue each time .
For Individuals (regardless of whether they are residents or non-residents) , draft regulations Personal income tax is set at 0.1% on the revenue from each transfer , similar to the mechanism currently applied to securities transactions.
Time of revenue and income recognition This is done in accordance with tax laws and regulations. securities transfer current.
According to BlogTienAo
