02.2026 - INTERNAL RESTRUCTURING – CAPITAL GAINS TAX EXEMPTION AND PROSPECT OF FURTHER REGULATORY RELIEF

"Internal restructuring may normally trigger administrative procedures, such as approval to capital transfer (usually known as M&A approvals) and/or capital gains tax declaration, which are intended to address regulatory concerns and protect investors and the public interest. In practice, however, many such restructurings merely reorganize corporate structures without generating income or changing ultimate ownership, raising the questions of whether the full scope of such administrative requirements is necessary in all cases.

This legal update discusses the recent recognition of a corporation income tax exemption and considers whether a more streamlined approach may also be appropriate for the M&A approval".

For more details, please refer to the Legal update here provided by RHTLaw Vietnam.