{"id":2214,"date":"2025-10-05T02:07:45","date_gmt":"2025-10-05T09:07:45","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=2214"},"modified":"2025-10-07T20:45:07","modified_gmt":"2025-10-08T03:45:07","slug":"nghi-dinh-20-2025-nd-cp-ve-giao-dich-lien-ket","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-20-2025-nd-cp-ve-giao-dich-lien-ket\/","title":{"rendered":"Decree 20\/2025\/ND-CP on related-party transactions: New and important points that businesses cannot ignore"},"content":{"rendered":"<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/vanban.chinhphu.vn\/?pageid=27160&amp;docid=212716\" rel=\"nofollow noopener\" target=\"_blank\">Decree 20\/2025\/ND-CP<\/a> about <a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/tong-quan-giao-dich-lien-ket-2025\/\">affiliate transactions<\/a> was issued by the Government on February 10, 2025 and officially took effect from March 27, 2025. Decree 20\/2025\/ND-CP is considered an important adjustment step, overcoming many shortcomings from <a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-132-2020-ND-CP-quy-dinh-quan-ly-thue-doi-voi-doanh-nghiep-co-giao-dich-lien-ket-452218.aspx\" rel=\"nofollow noopener\" target=\"_blank\">Decree 132\/2020\/ND-CP<\/a>. Especially in three highlights such as amending the regulations on determining related parties, adding a retroactive mechanism for non-deductible interest expenses and replacing Appendix I on declaration of related party transactions. These changes bring more transparency, fairness and convenience to businesses in the tax management process.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-20-2025-nd-cp-ve-giao-dich-lien-ket\/#Tong_quan_Nghi_dinh_202025ND-CP_ve_giao_dich_lien_ket\" >Overview of Decree 20\/2025\/ND-CP on related-party transactions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-20-2025-nd-cp-ve-giao-dich-lien-ket\/#Diem_moi_quan_trong_Nghi_dinh_202025ND-CP_ve_giao_dich_lien_ket\" >Important new points of Decree 20\/2025\/ND-CP on related-party transactions<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-20-2025-nd-cp-ve-giao-dich-lien-ket\/#Sua_doi_bo_sung_diem_d_khoan_2_Dieu_5_Nghi_dinh_1322020ND-CP\" >Amending and supplementing Point d, Clause 2, Article 5 of Decree 132\/2020\/ND-CP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-20-2025-nd-cp-ve-giao-dich-lien-ket\/#Sua_doi_bo_sung_diem_k_khoan_2_Dieu_5_Nghi_dinh_1322020ND-CP\" >Amending and supplementing point k, clause 2, Article 5 of Decree 132\/2020\/ND-CP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-20-2025-nd-cp-ve-giao-dich-lien-ket\/#Bo_sung_diem_m_khoan_2_Dieu_5_Nghi_dinh_1322020ND-CP\" >Supplement point m, clause 2, Article 5 of Decree 132\/2020\/ND-CP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-20-2025-nd-cp-ve-giao-dich-lien-ket\/#Sua_doi_bo_sung_khoan_2_Dieu_21_Nghi_dinh_1322020ND-CP_quy_dinh_ve_trach_nhiem_cua_Ngan_hang_Nha_nuoc\" >Amending and supplementing Clause 2, Article 21 of Decree 132\/2020\/ND-CP regulating the responsibilities of the State Bank.<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-20-2025-nd-cp-ve-giao-dich-lien-ket\/#Ket_luan\" >Conclude<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/nghi-dinh-20-2025-nd-cp-ve-giao-dich-lien-ket\/#Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\" >Contact information MAN \u2013 Master Accountant Network<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Tong_quan_Nghi_dinh_202025ND-CP_ve_giao_dich_lien_ket\"><\/span><b>Overview of Decree 20\/2025\/ND-CP on related-party transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On February 10, 2025, the Government issued <\/span><a href=\"https:\/\/vanban.chinhphu.vn\/?pageid=27160&amp;docid=212716\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Decree 20\/2025\/ND-CP<\/span><\/a><span style=\"font-weight: 400;\"> on related-party transactions, amending and supplementing a number of articles of Decree 132\/2020\/ND-CP (issued on November 5, 2020) on tax management for enterprises with related-party transactions. Decree 20\/2025\/ND-CP takes effect from March 27, 2025 and applies to the corporate income tax (CIT) period of 2024.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Decree 20\/2025\/ND-CP on related-party transactions amends and supplements several articles of Decree 132\/2020\/ND-CP regulating tax management for enterprises with related-party transactions as follows:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Amend and supplement points d and k and add point m, clause 2, Article 5 <\/span><a href=\"https:\/\/vanban.chinhphu.vn\/default.aspx?pageid=27160&amp;docid=201522\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Decree 132\/2020\/ND-CP<\/span><\/a><span style=\"font-weight: 400;\"> on related parties.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Amending and supplementing Clause 2, Article 21 of Decree 132\/2020\/ND-CP on the responsibilities of the State Bank.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Replace Appendix I (Information on related parties and related-party transactions issued with Decree 132\/2020\/ND-CP) with Appendix I issued with Decree 20\/2025\/ND-CP.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">At the same time, Decree 20\/2025\/ND-CP on related-party transactions has the following transitional provisions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In case an enterprise in the tax period 2020 - 2023 borrows capital, guarantees or transacts with a credit institution that is affiliated according to the provisions of Decree 132\/2020\/ND-CP (amended and supplemented by Decree 20\/2025\/ND-CP on affiliated transactions), leading to non-deductible interest expenses, then from the tax period 2024, the following will be implemented:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The business has no relationship and no <a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/phat-sinh-giao-dich-lien-ket\/\">related party transactions<\/a> According to Decree 132\/2020\/ND-CP and Decree 20\/2025\/ND-CP, the non-deductible interest expense up to the end of the 2023 tax period will be evenly distributed to the following tax periods, according to the provisions of Point b, Clause 3, Article 16 of Decree 132\/2020\/ND-CP.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enterprises with related-party relationships and transactions as prescribed in Decree 132\/2020\/ND-CP and Decree 20\/2025\/ND-CP will have non-deductible interest expenses that cannot be transferred to the next tax period and will be handled according to Point b, Clause 3. <\/span><a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-132-2020-ND-CP-quy-dinh-quan-ly-thue-doi-voi-doanh-nghiep-co-giao-dich-lien-ket-452218.aspx\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Article 16 of Decree 132\/2020\/ND-CP<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">From the above overview, it can be seen that Decree 20\/2025\/ND-CP on related-party transactions is not only a legacy but also has many important adjustments. To better understand the practical impact, let&#039;s delve into the highlights of Decree 20\/2025\/ND-CP on related-party transactions.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Diem_moi_quan_trong_Nghi_dinh_202025ND-CP_ve_giao_dich_lien_ket\"><\/span><b>Important new points of Decree 20\/2025\/ND-CP on related-party transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Decree 20\/2025\/ND-CP on related-party transactions amends and supplements a number of articles of Decree 132\/2020\/ND-CP on tax management for enterprises engaging in related-party transactions, officially taking effect from March 27, 2025 and applying from the 2024 corporate income tax period.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Accordingly, the following are some notable new points of Decree 20\/2025\/ND-CP on related-party transactions.<\/span><\/p>\n<figure id=\"attachment_2218\" aria-describedby=\"caption-attachment-2218\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2218\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nhung-diem-moi-trong-Nghi-dinh-20_2025-ve-giao-dich-lien-ket.jpg\" alt=\"Nh\u1eefng \u0111i\u1ec3m m\u1edbi trong Ngh\u1ecb \u0111\u1ecbnh 20\/2025\/N\u0110-CP v\u1ec1 giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nhung-diem-moi-trong-Nghi-dinh-20_2025-ve-giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nhung-diem-moi-trong-Nghi-dinh-20_2025-ve-giao-dich-lien-ket-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nhung-diem-moi-trong-Nghi-dinh-20_2025-ve-giao-dich-lien-ket-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nhung-diem-moi-trong-Nghi-dinh-20_2025-ve-giao-dich-lien-ket-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nhung-diem-moi-trong-Nghi-dinh-20_2025-ve-giao-dich-lien-ket-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2218\" class=\"wp-caption-text\">New points in Decree 20\/2025\/ND-CP on related-party transactions<\/figcaption><\/figure>\n<h4><span class=\"ez-toc-section\" id=\"Sua_doi_bo_sung_diem_d_khoan_2_Dieu_5_Nghi_dinh_1322020ND-CP\"><\/span><b>Amending and supplementing Point d, Clause 2, Article 5 of Decree 132\/2020\/ND-CP<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">In Decree 20\/2025\/ND-CP, one of the notable adjusted contents is the regulation at Point d, Clause 2, Article 5 on criteria for determining affiliated relationships through loans and guarantees. Compared with Decree 132\/2020\/ND-CP, this regulation has been amended to clarify the calculation of total outstanding debt instead of only considering the loan amount, helping to make the application more consistent and transparent. Details are shown in the following table:<\/span><\/p>\n<p><b>Board:<\/b><span style=\"font-weight: 400;\"> Compare the provisions on determination <a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/moi-quan-he-lien-ket\/\">affiliated relationship<\/a> in Decree 132\/2020\/ND-CP and Decree 20\/2025\/ND-CP on related-party transactions<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Criteria<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 132\/2020\/ND-CP<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 20\/2025\/ND-CP\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Applicable objects.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">The Company guarantees or lends capital in any form (including loans from third parties guaranteed by affiliates, and similar financial transactions).<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Maintain the regulation: Enterprises guarantee or lend capital in any form (including loans from third parties guaranteed by affiliates, and similar financial transactions).<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Conditions that determine the association relationship.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">The loan amount is at least equal to 25% of the capital contribution of the borrowing enterprise owner and accounts for more than 50% of the total value of medium and long-term debts of the borrowing enterprise.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">The total outstanding debt of the borrowing enterprise with the lending or guaranteeing enterprise is at least equal to 25% of the capital contribution of the borrowing enterprise&#039;s owner and accounts for more than 50% of the total outstanding debt of all medium- and long-term debts of the borrowing enterprise.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Main changes<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Based on loan amount<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Based on total outstanding debt<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Through comparison, it can be seen that Decree 20\/2025\/ND-CP on related-party transactions has changed the approach from &quot;loan capital&quot; to &quot;total outstanding debt&quot;, helping the regulations become more stringent and transparent in determining related-party relationships.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Sua_doi_bo_sung_diem_k_khoan_2_Dieu_5_Nghi_dinh_1322020ND-CP\"><\/span><b>Amending and supplementing point k, clause 2, Article 5 of Decree 132\/2020\/ND-CP<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">One of the important amendments to Decree 20\/2025\/ND-CP on related-party transactions is the addition of independent accounting branches to the scope of entities subject to management and control. Comparison before and after the amendment is as follows:<\/span><\/p>\n<p><b>Board:<\/b><span style=\"font-weight: 400;\"> New points on the subjects of management and control in Decree 20\/2025\/ND-CP on related-party transactions:<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Criteria\u00a0<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 132\/2020\/ND-CP<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 20\/2025\/ND-CP<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Regulations<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Other cases in which an enterprise is actually under the management, control and decision-making power over the production and business activities of another enterprise.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Other cases in which an enterprise (including an independent accounting branch that declares and pays corporate income tax) is subject to the actual management, control, and decision-making on the production and business activities of the other enterprise.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Main changes\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Just general business.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">It is also clear that independent accounting branches are also in this case.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Decree 20\/2025\/ND-CP on related-party transactions has expanded its scope of application by adding independent accounting branches to the subjects subject to management and control. This provision helps clarify the relationship in practice, while supporting tax authorities and enterprises to have a more transparent basis in declaring, paying taxes and managing related-party transactions.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Bo_sung_diem_m_khoan_2_Dieu_5_Nghi_dinh_1322020ND-CP\"><\/span><b>Supplement point m, clause 2, Article 5 of Decree 132\/2020\/ND-CP<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<figure id=\"attachment_2219\" aria-describedby=\"caption-attachment-2219\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2219\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Diem-moi-quan-trong-Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket.jpg\" alt=\"\u0110i\u1ec3m s\u1eeda \u0111\u1ed5i, b\u1ed5 sung quan tr\u1ecdng Ngh\u1ecb \u0111\u1ecbnh 20\/2025\/N\u0110-CP v\u1ec1 giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Diem-moi-quan-trong-Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Diem-moi-quan-trong-Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Diem-moi-quan-trong-Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Diem-moi-quan-trong-Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Diem-moi-quan-trong-Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2219\" class=\"wp-caption-text\">Important amendments and supplements to Decree 20\/2025\/ND-CP on related-party transactions<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Point m, Clause 2, Article 5 of Decree No. 132\/2020\/ND-CP is amended as follows:<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201cCredit institutions with Subsidiaries or with Controlling Companies or with Affiliated Companies of credit institutions as prescribed in the Law on Credit Institutions and amendments, supplements or replacements (if any)\u201d<\/span><\/p>\n<p><b>Source:<\/b> <a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-20-2025-ND-CP-sua-doi-Nghi-dinh-132-2020-ND-%D0%A1%D0%A0-quan-ly-thue-doanh-nghiep-co-giao-dich-lien-ket-642785.aspx\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Law Library<\/span><\/a><\/p><\/blockquote>\n<h4><span class=\"ez-toc-section\" id=\"Sua_doi_bo_sung_khoan_2_Dieu_21_Nghi_dinh_1322020ND-CP_quy_dinh_ve_trach_nhiem_cua_Ngan_hang_Nha_nuoc\"><\/span><b>Amending and supplementing Clause 2, Article 21 of Decree 132\/2020\/ND-CP regulating the responsibilities of the State Bank.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">To see more clearly the changes, especially in the role of the State Bank when coordinating with tax authorities, let&#039;s compare the provisions in Clause 2, Article 21 of Decree 132\/2020\/ND-CP and the amended and supplemented content in Decree 20\/2025\/ND-CP on related-party transactions in the table below.<\/span><\/p>\n<figure id=\"attachment_2220\" aria-describedby=\"caption-attachment-2220\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2220\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket-quy-dinh-voi-trach-nhiem-ngan-hang.jpg\" alt=\"Ngh\u1ecb \u0111\u1ecbnh 20\/2025\/N\u0110-CP v\u1ec1 giao d\u1ecbch li\u00ean k\u1ebft quy \u0111\u1ecbnh v\u1edbi tr\u00e1ch nhi\u1ec7m Ng\u00e2n h\u00e0ng\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket-quy-dinh-voi-trach-nhiem-ngan-hang.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket-quy-dinh-voi-trach-nhiem-ngan-hang-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket-quy-dinh-voi-trach-nhiem-ngan-hang-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket-quy-dinh-voi-trach-nhiem-ngan-hang-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/10\/Nghi-dinh-20_2025_ND-CP-ve-giao-dich-lien-ket-quy-dinh-voi-trach-nhiem-ngan-hang-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2220\" class=\"wp-caption-text\">Decree 20\/2025\/ND-CP on related-party transactions stipulates the responsibilities of banks<\/figcaption><\/figure>\n<p><b>Board:<\/b><span style=\"font-weight: 400;\"> Compare the provisions before and after in Clause 2, Article 21 of Decree 20\/2025\/ND-CP on related party transactions<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Criteria<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 132\/2020\/ND-CP<\/b><\/td>\n<td style=\"text-align: center;\"><b>Decree 20\/2025\/ND-CP<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Responsibility for coordinating the provision of information on foreign loans and debt repayment.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">The State Bank provides information and data on foreign loans and debt repayments of each enterprise with related-party transactions according to the list requested by the tax authority. Information includes: loan turnover, interest rate, interest payment period, principal payment, actual capital withdrawal, debt repayment (principal, interest) and other relevant information (if any).<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Keep the previous regulations intact.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Scope of information provided jointly<\/span><\/td>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">No regulations yet.<\/span><\/p>\n<\/td>\n<td><span style=\"font-weight: 400;\">Supplement: The State Bank coordinates in providing information on <\/span><b>related person<\/b><span style=\"font-weight: 400;\"> as prescribed by law, including:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Members of the Board of Directors, Board of Management, Board of Supervisors, General Director or Director, Deputy Director and equivalent positions;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Related persons of shareholders owning 01% or more of the charter capital of a credit institution;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Affiliated companies of credit institutions. Information is extracted from the State Bank&#039;s management data system when requested by the tax authority.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Through comparison, it can be seen that Decree 20\/2025\/ND-CP on related-party transactions has expanded the scope of information that the State Bank must provide to tax authorities, including data on related parties and associated companies. This addition helps increase transparency, supports tax authorities in controlling related-party transactions, and provides a clearer legal basis for businesses in complying with regulations.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><b>Conclude<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Decree 20\/2025\/ND-CP on related-party transactions marks an important adjustment compared to Decree 132\/2020\/ND-CP, with many highlights such as: amending the criteria for determining related-party relationships, adding non-deductible loan interest expenses, replacing Appendix I on related-party transaction declaration, and expanding the State Bank&#039;s role in coordinating information provision. These changes not only increase transparency and fairness in tax administration but also help businesses comply easily and reduce legal risks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To maximize benefits and ensure compliance, businesses should review related-party transactions, update declarations according to new regulations, and coordinate closely with tax authorities. Proactively updating and applying Decree 20\/2025\/ND-CP on related-party transactions will help businesses optimize costs, improve management efficiency, and minimize risks during inspections and audits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For specific advice, businesses please contact <a href=\"https:\/\/man.net.vn\" rel=\"nofollow noopener\" target=\"_blank\">MAN \u2013 Master Accoutant Network<\/a> via:<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\"><\/span><b>Contact information <a href=\"https:\/\/man.net.vn\" rel=\"nofollow noopener\" target=\"_blank\">MAN \u2013 Master Accountant Network<\/a><\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Address: No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City.<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mobile\/zalo: +84 (0) 903 428 622 (Ms. Ngan)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">E-mail: <\/span><a href=\"mailto:man@man.net.vn\"><span style=\"font-weight: 400;\">man@man.net.vn<\/span><\/a><\/li>\n<\/ul>\n<p style=\"text-align: right;\"><b>Editor: MAN \u2013 Master Accountant Network<\/b><\/p>","protected":false},"excerpt":{"rendered":"<p>Ngh\u1ecb \u0111\u1ecbnh 20\/2025\/N\u0110-CP v\u1ec1 giao d\u1ecbch li\u00ean k\u1ebft \u0111\u01b0\u1ee3c Ch\u00ednh ph\u1ee7 ban h\u00e0nh ng\u00e0y 10\/02\/2025 v\u00e0 ch\u00ednh th\u1ee9c c\u00f3 hi\u1ec7u l\u1ef1c t\u1eeb ng\u00e0y 27\/03\/2025. Ngh\u1ecb \u0111\u1ecbnh 20\/2025\/N\u0110-CP \u0111\u01b0\u1ee3c xem l\u00e0 b\u01b0\u1edbc \u0111i\u1ec1u ch\u1ec9nh quan tr\u1ecdng, kh\u1eafc ph\u1ee5c nhi\u1ec1u b\u1ea5t c\u1eadp t\u1eeb Ngh\u1ecb \u0111\u1ecbnh 132\/2020\/N\u0110-CP. \u0110\u1eb7c bi\u1ec7t \u1edf ba \u0111i\u1ec3m n\u1ed5i b\u1eadt nh\u01b0 s\u1eeda \u0111\u1ed5i quy [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/comments?post=2214"}],"version-history":[{"count":3,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2214\/revisions"}],"predecessor-version":[{"id":2259,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2214\/revisions\/2259"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media\/2217"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=2214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=2214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=2214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}