{"id":3023,"date":"2026-02-27T01:37:27","date_gmt":"2026-02-27T08:37:27","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=3023"},"modified":"2026-02-27T01:37:27","modified_gmt":"2026-02-27T08:37:27","slug":"vai-tro-cua-nghi-dinh-132-2020-nd-cp","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/","title":{"rendered":"The role of Decree 132\/2020\/ND-CP on related-party transactions in Vietnam"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The role of Decree 132\/2020\/ND-CP is becoming a focal point in the tax governance strategy of businesses with related-party transactions in Vietnam. In the context of increasingly in-depth transfer pricing audits and cross-border tax data sharing, understanding and fully complying with the regulations not only helps businesses mitigate the risks of tax arrears and penalties but also enhances financial transparency and credibility with investors. This article comprehensively analyzes the legal framework, the latest updates up to 2026, and the practical impacts of Decree 132\/2020\/ND-CP on managing related-party transactions, from thin capitalization control and three-tiered documentation to international BEPS standards.<\/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\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Buoc_ngoat_trong_quan_ly_thue_tai_Viet_Nam\" >A turning point in tax administration in Vietnam.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Tong_quan_khung_phap_ly_Nghi_dinh_1322020ND-CP\" >Overview of the legal framework of Decree 132\/2020\/ND-CP<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Pham_vi_dieu_chinh_va_doi_tuong_ap_dung\" >Scope of regulation and subjects of application<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Su_ke_thua_va_cap_nhat_moi\" >Inheritance and new updates<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Vai_tro_cua_Nghi_dinh_1322020ND-CP_trong_quan_ly_giao_dich_lien_ket\" >The role of Decree 132\/2020\/ND-CP in managing 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-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Hoan_thien_khung_kho_phap_ly_chong_chuyen_gia\" >\u5b8c\u5584 legal framework to combat transfer pricing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Kiem_soat_tinh_trang_%E2%80%9CVon_mong%E2%80%9D_thong_qua_tran_chi_phi_lai_vay_EBITDA_30\" >Controlling &quot;thin capitalization&quot; through interest expense ceilings (EBITDA 30%)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Noi_luat_hoa_chuan_muc_quoc_te_Chuong_trinh_BEPS_cua_OECD\" >Domestication of international standards (OECD&#039;s BEPS Programme)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Xac_lap_quyen_va_nghia_vu_cong_bang_cho_nguoi_nop_thue\" >Establishing fair rights and obligations for taxpayers.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Cong_cu_dac_luc_cho_Co_quan_Thue_trong_thanh_tra_%E2%80%93_kiem_tra\" >A powerful tool for the Tax Authority in inspection and auditing.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Cac_diem_%E2%80%9CChot%E2%80%9D_doanh_nghiep_can_luu_y_nam_2026\" >Key points businesses need to pay attention to in 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Nhan_dien_chinh_xac_%E2%80%9CBen_lien_ket%E2%80%9D_theo_sua_doi_moi\" >Accurately identify &quot;Affiliated Parties&quot; according to the new amendments.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#He_thong_Ho_so_3_tang_%E2%80%93_Giay_thong_hanh_cua_doanh_nghiep\" >The 3-Tier File System \u2013 A Business Passport<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Khoang_gia_tri_doc_lap_chuan_Interquartile_Range\" >Standard Independent Range (Interquartile Range)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Rui_ro_va_Che_tai_xu_phat_khi_vi_pham_quy_dinh_ve_Giao_dich_lien_ket\" >Risks and Penalties for Violating Regulations Regarding 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-16\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Xu_phat_ve_hanh_vi_cham_nop_hoac_khong_nop_ho_so_ke_khai\" >Penalties for late submission or failure to submit declaration documents.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Xu_phat_hanh_vi_khai_sai_dan_den_thieu_so_tien_thue_phai_nop\" >Penalties for false declarations resulting in an underpayment of taxes.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Xu_phat_hanh_vi_tron_thue_lien_quan_den_giao_dich_lien_ket\" >Penalties for tax evasion related to related-party transactions.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#He_qua_phap_ly_khi_vi_pham\" >Legal consequences of violation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#Chien_luoc_tuan_thu_toi_uu_cho_doanh_nghiep\" >Optimal compliance strategy for businesses<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#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-22\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/vai-tro-cua-nghi-dinh-132-2020-nd-cp\/#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=\"Buoc_ngoat_trong_quan_ly_thue_tai_Viet_Nam\"><\/span><b>A turning point in tax administration in Vietnam.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The shift in global supply chains has placed Vietnam at the heart of new-generation free trade agreements. Multinational corporations investing in Vietnam often generate complex intra-regional transactions. To ensure tax collection rights and prevent profit-taking abroad, Decree 132\/2020\/ND-CP was issued, replacing Decree 20\/2017\/ND-CP.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By 2025, despite supplementary regulations, Decree 132\/2020\/ND-CP will still be considered the legal &quot;backbone,&quot; helping tax authorities closely control thin capitalization practices and increase transparency in financial reporting of enterprises with related-party transactions.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tong_quan_khung_phap_ly_Nghi_dinh_1322020ND-CP\"><\/span><b>Overview of the legal framework of Decree 132\/2020\/ND-CP<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Decree 132\/2020\/ND-CP regulates tax management for enterprises with related-party transactions. This is the highest legal document guiding the Law on Tax Administration No. 38\/2019\/QH14 on the field of related-party transactions (Transfer Pricing).<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Pham_vi_dieu_chinh_va_doi_tuong_ap_dung\"><\/span><b>Scope of regulation and subjects of application<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This Decree applies to organizations producing and trading goods and services that conduct transactions with related parties and generate costs and revenues. Specific entities include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The taxpayer is a business entity that has related-party transactions subject to the Corporate Income Tax Law.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax authorities at all levels (General Department of Taxation, Tax Department, Tax Branch).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Other government agencies are involved in the management, inspection, and auditing of taxes on related-party transactions.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Su_ke_thua_va_cap_nhat_moi\"><\/span><b>Inheritance and new updates<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Decree 132\/2020\/ND-CP inherits from Decree 20\/2017\/ND-CP but tightens regulations on interest expense and declaration documents. Notably, at the beginning of 2025, the Government issued Decree 20\/2025\/ND-CP to amend and supplement several articles of Decree 132\/2020\/ND-CP. One of the newest points is the method of determining affiliated parties through guarantees or loans with a minimum threshold of 25% equity capital, creating greater consistency with the actual operations of large private corporations in Vietnam.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Vai_tro_cua_Nghi_dinh_1322020ND-CP_trong_quan_ly_giao_dich_lien_ket\"><\/span><b>The role of Decree 132\/2020\/ND-CP in managing related-party transactions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">To understand why this document is so important, let&#039;s join MAN \u2013 Master Accountant Network in an in-depth analysis of the strategic roles it plays for the economy and the tax administration system.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Hoan_thien_khung_kho_phap_ly_chong_chuyen_gia\"><\/span><b>\u5b8c\u5584 legal framework to combat transfer pricing<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Transfer pricing is the practice of implementing pricing policies for goods and services transferred between members of the same group at prices other than market prices in order to minimize the total amount of taxes payable.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The role of Decree 132\/2020\/ND-CP is to firmly establish two golden principles:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Arm&#039;s length principle: Transaction prices between related parties must be equivalent to transaction prices between independent parties under comparable conditions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The principle of substance over form: Tax authorities have the right to analyze the actual nature of a transaction rather than relying solely on the written contract to determine the correct tax liability.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Therefore, Decree 132\/2020\/ND-CP has created an effective &quot;shield&quot; to prevent the transfer of profits from Vietnam to &quot;tax havens&quot; or countries with more favorable tax rates.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Kiem_soat_tinh_trang_%E2%80%9CVon_mong%E2%80%9D_thong_qua_tran_chi_phi_lai_vay_EBITDA_30\"><\/span><b>Controlling &quot;thin capitalization&quot; through interest expense ceilings (EBITDA 30%)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This regulation best demonstrates the role of Decree 132\/2020\/ND-CP. According to Clause 3, Article 16, the total deductible interest expense (after deducting interest on deposits and loans) shall not exceed the enterprise&#039;s EBITDA.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The strategic significance of this regulation:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Combating tax base erosion: Preventing multinational corporations from injecting capital in the form of debt to drive up interest costs, thereby reducing profits in Vietnam.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Protecting financial security: Encouraging businesses to be financially independent, reducing excessive reliance on debt, thereby improving the financial health of the entire economy.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transition mechanism: The decree allows the portion of non-deductible interest expense to be carried forward to the next tax period within 5 years, helping businesses reduce pressure during initial investment phases with high borrowing costs.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Noi_luat_hoa_chuan_muc_quoc_te_Chuong_trinh_BEPS_cua_OECD\"><\/span><b>Domestication of international standards (OECD&#039;s BEPS Programme)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Vietnam is a member of the Forum for Cooperation on Implementing BEPS (Combating Base Erosion and Profit Shifting). The role of Decree 132\/2020\/ND-CP is to concretize these international commitments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Country-by-Country Report (CbCR) regulations require multinational corporations with consolidated revenue of VND 18 trillion or more to disclose detailed profits and taxes paid in each country. This helps Vietnamese tax authorities gain a comprehensive overview of the corporation&#039;s global financial picture, thereby enabling them to more clearly identify tax risks.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Xac_lap_quyen_va_nghia_vu_cong_bang_cho_nguoi_nop_thue\"><\/span><b>Establishing fair rights and obligations for taxpayers.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Decree 132\/2020\/ND-CP creates transparency by classifying taxpayers to reduce the administrative burden on small-scale businesses. The exemption from preparing transfer pricing documentation is detailed in Article 19 as follows:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Taxpayers who have related-party transactions but whose total revenue for the tax period is less than VND 50 billion and whose total value of related-party transactions is less than VND 30 billion.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Taxpayers who have signed an Advance Pricing Agreement (APA) and submitted the required Annual Report must still file reports for transactions not covered by the APA.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Businesses with simple business functions, no intangible assets, revenue under VND 200 billion, and achieving a net profit margin (before interest and taxes) in each sector: Distribution (from 5% onwards), Manufacturing (from 10% onwards), and Processing (from 15% onwards).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The taxpayer only conducts transactions with related parties that are subject to corporate income tax in Vietnam, applying the same tax rate, and neither party is entitled to corporate income tax incentives during the tax period.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Clearly defining these exemption thresholds helps businesses assess risks themselves and save on operating costs, while creating a flexible and fair tax management environment.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Cong_cu_dac_luc_cho_Co_quan_Thue_trong_thanh_tra_%E2%80%93_kiem_tra\"><\/span><b>A powerful tool for the Tax Authority in inspection and auditing.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Decree 132\/2020\/ND-CP provides specific authority and tools for tax agencies:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Comparative databases: Tax authorities have the right to use global trade databases and industry data to compare business profit margins.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Right to determine tax: If a business fails to provide complete documentation or cannot demonstrate the correctness of its pricing method, the tax authority has the right to determine the tax rate based on independent comparative data.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Cac_diem_%E2%80%9CChot%E2%80%9D_doanh_nghiep_can_luu_y_nam_2026\"><\/span><b>Key points businesses need to pay attention to in 2026<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_3026\" aria-describedby=\"caption-attachment-3026\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3026\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Cac-diem-cot-loi-doanh-nghiep-luu-y-ve-vai-tro-cua-Nghi-dinh-132_2020_ND-CP.jpg\" alt=\"C\u00e1c \u0111i\u1ec3m c\u1ed1t l\u00f5i doanh nghi\u1ec7p l\u01b0u \u00fd v\u1ec1 vai tr\u00f2 c\u1ee7a Ngh\u1ecb \u0111\u1ecbnh 132\/2020\/N\u0110-CP\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Cac-diem-cot-loi-doanh-nghiep-luu-y-ve-vai-tro-cua-Nghi-dinh-132_2020_ND-CP.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Cac-diem-cot-loi-doanh-nghiep-luu-y-ve-vai-tro-cua-Nghi-dinh-132_2020_ND-CP-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Cac-diem-cot-loi-doanh-nghiep-luu-y-ve-vai-tro-cua-Nghi-dinh-132_2020_ND-CP-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Cac-diem-cot-loi-doanh-nghiep-luu-y-ve-vai-tro-cua-Nghi-dinh-132_2020_ND-CP-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Cac-diem-cot-loi-doanh-nghiep-luu-y-ve-vai-tro-cua-Nghi-dinh-132_2020_ND-CP-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-3026\" class=\"wp-caption-text\">Key points businesses should note regarding the role of Decree 132\/2020\/ND-CP<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">To effectively comply with Decree 132\/2020\/ND-CP, businesses need to have a thorough understanding of its practical implementation rules.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Nhan_dien_chinh_xac_%E2%80%9CBen_lien_ket%E2%80%9D_theo_sua_doi_moi\"><\/span><b>Accurately identify &quot;Affiliated Parties&quot; according to the new amendments.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">By 2026, the identification of affiliated parties will be expanded to include actual control relationships. According to Decree 20\/2025\/ND-CP:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Note that the loan\/guarantee threshold must account for at least 25% of the owner&#039;s equity and over 50% of the total value of the borrower&#039;s medium and long-term debt.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Direct family relationships (spouses, parents, children) that manage different legal entities remain subject to strict control to prevent revenue fragmentation.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"He_thong_Ho_so_3_tang_%E2%80%93_Giay_thong_hanh_cua_doanh_nghiep\"><\/span><b>The 3-Tier File System \u2013 A Business Passport<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Businesses that are required to prepare the necessary documents must ensure they are complete:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Local File: Details of related-party transactions in Vietnam.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Global corporate profile (Master File): General information about the global business model.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Country-by-Country Profit Reporting (CbCR): For large corporations.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Khoang_gia_tri_doc_lap_chuan_Interquartile_Range\"><\/span><b>Standard Independent Range (Interquartile Range)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Decree 132\/2020\/ND-CP tightens the standard independent value range from the 35th to the 75th percentile. Raising this minimum threshold forces businesses to maintain higher and more realistic profit margins closer to market levels to avoid tax adjustments.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Rui_ro_va_Che_tai_xu_phat_khi_vi_pham_quy_dinh_ve_Giao_dich_lien_ket\"><\/span><b>Risks and Penalties for Violating Regulations Regarding Related-Party Transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_3025\" aria-describedby=\"caption-attachment-3025\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3025\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Rui-ro-va-Che-tai-xu-phat-khi-vi-pham-quy-dinh-ve-Giao-dich-lien-ket.jpg\" alt=\"R\u1ee7i ro v\u00e0 Ch\u1ebf t\u00e0i x\u1eed ph\u1ea1t khi vi ph\u1ea1m quy \u0111\u1ecbnh v\u1ec1 Giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Rui-ro-va-Che-tai-xu-phat-khi-vi-pham-quy-dinh-ve-Giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Rui-ro-va-Che-tai-xu-phat-khi-vi-pham-quy-dinh-ve-Giao-dich-lien-ket-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Rui-ro-va-Che-tai-xu-phat-khi-vi-pham-quy-dinh-ve-Giao-dich-lien-ket-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Rui-ro-va-Che-tai-xu-phat-khi-vi-pham-quy-dinh-ve-Giao-dich-lien-ket-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/02\/Rui-ro-va-Che-tai-xu-phat-khi-vi-pham-quy-dinh-ve-Giao-dich-lien-ket-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-3025\" class=\"wp-caption-text\">Risks and Penalties for Violating Regulations Regarding Related-Party Transactions<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Failure to comply with regulations on related-party transactions not only results in tax assessment but also incurs very heavy administrative penalties according to Decree 125\/2020\/ND-CP. Below are the violations and their corresponding penalties:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Xu_phat_ve_hanh_vi_cham_nop_hoac_khong_nop_ho_so_ke_khai\"><\/span><b>Penalties for late submission or failure to submit declaration documents.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Late filing of the related party transaction declaration (Appendix):<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Delays of 1 to 30 days: Fines ranging from 2,000,000 to 5,000,000 VND.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Delays of 31 to 60 days: Fines ranging from 5,000,000 to 8,000,000 VND.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Late payment by 61 to 90 days, or over 90 days but without any tax payable: A fine of VND 8,000,000 to VND 15,000,000 will be imposed.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Failure to file a tax return or filing it more than 90 days after the tax liability arises: A fine of VND 15,000,000 to VND 25,000,000 will be imposed.<\/span><\/li>\n<\/ul>\n<p><b>Note: <\/b><span style=\"font-weight: 400;\">Failure to prepare a Transfer Pricing Documentation is a serious violation. In addition to being fined for not submitting the documentation, the business will also have its taxes assessed.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Xu_phat_hanh_vi_khai_sai_dan_den_thieu_so_tien_thue_phai_nop\"><\/span><b>Penalties for false declarations resulting in an underpayment of taxes.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If the tax authorities conduct an audit and discover that a business has declared transfer pricing inaccurately, resulting in a shortfall in tax payable:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Penalty: A penalty of 20% will be imposed for the amount of tax underdeclared or the amount of tax exempted, reduced, or refunded in excess of the regulations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Late payment penalty: Calculated at 0.031 TP3T\/day on the amount of tax overdue.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Xu_phat_hanh_vi_tron_thue_lien_quan_den_giao_dich_lien_ket\"><\/span><b>Penalties for tax evasion related to related-party transactions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In cases where a business intentionally creates fraudulent records or fails to declare related-party transactions in order to evade taxes:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The penalty ranges from 1 to 3 times the amount of tax evaded (depending on aggravating or mitigating circumstances).<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"He_qua_phap_ly_khi_vi_pham\"><\/span><b>Legal consequences of violation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In addition to being penalized according to regulations, businesses also face serious legal consequences:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax assessment: The tax authorities have the right to reject all of a business&#039;s expenses and transaction values, instead using their own data to determine revenue and profit. This often results in extremely large tax arrears, far exceeding the business&#039;s expectations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Public disclosure of violations: Information on violating businesses may be publicly disclosed on the Tax Department&#039;s portal, directly impacting their bidding reputation and relationships with strategic partners.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Chien_luoc_tuan_thu_toi_uu_cho_doanh_nghiep\"><\/span><b>Optimal compliance strategy for businesses<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Financial experts recommend that businesses take a proactive approach to tax management:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Regular Tax Health Checks: Review transactions as soon as they occur to detect errors early.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Construct a FAR (Functions, Assets, Risks) analysis: Demonstrate the reasonableness of profitability based on the actual functions, assets, and risks borne by the entity in Vietnam.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Seek out a specialized agency for related-party transactions: Self-preparation of documentation often carries the risk of errors due to a lack of comparative data. Businesses should prioritize using services from specialized agencies like MAN \u2013 Master Accountant Network. At MAN, businesses will be guided through a professional service process, from risk assessment to the preparation of a three-tiered documentation system. In particular, MAN possesses a diverse benchmarking data system tailored to specific business types and sizes, ensuring that declared profit margins remain within safe limits as required by regulations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Optimizing compliance costs through expertise: Support from MAN goes beyond just filing documents; it also includes representing businesses in legal proceedings before tax authorities. With experience handling hundreds of transfer pricing audits, MAN&#039;s experts help businesses optimize interest expenses and minimize the risk of tax assessments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Leveraging APA agreements: This is the safest solution for businesses and tax authorities to agree on pricing methods in advance, completely eliminating the risk of future tax arrears with guidance from professional firms.<\/span><\/li>\n<\/ul>\n<blockquote><p><b>See also:<\/b> <a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/dich-vu-chuyen-gia-tron-goi\/\"><span style=\"font-weight: 400;\">Comprehensive transfer pricing service<\/span><\/a><\/p><\/blockquote>\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;\">The role of Decree 132\/2020\/ND-CP in managing related-party transactions in Vietnam is undeniable. It is a tool for protecting budget revenue and a measure of corporate transparency in the digital economy era.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By 2026, with the support of Big Data management systems, tax authorities will be able to easily identify anomalies in related-party transactions. Therefore, a thorough understanding of penalty regulations and strict enforcement of tax policies, combined with support from reputable professional units, is the only way for businesses to achieve sustainable development and establish their reputation in the international market.<\/span><\/p>\n<p><span class=\"text\"><div class=\"su-button-center\"><a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/\" class=\"su-button su-button-style-flat text-is-link\" style=\"color:#FFFFFF;background-color:#d9534f;border-color:#ae4340;border-radius:5px\" target=\"__blank\" rel=\"noopener noreferrer\"><span style=\"color:#FFFFFF;padding:0px 22px;font-size:17px;line-height:34px;border-color:#e58784;border-radius:5px;text-shadow:none\">  Contact Us for Consultation <\/span><\/a><\/div><\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\"><\/span><b>Contact information MAN \u2013 Master Accountant Network<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Address: No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mobile\/Zalo: 0903 963 163 \u2013 0903 428 622<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Email: man@man.net.vn<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Content is moderated by: <\/span><a href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Mr. Le Hoang Tuyen<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 Founder &amp; CEO of Man, CPA Vietnam Auditor with over 30 years of experience in Accounting, Auditing and Financial Consulting.<\/span><\/p>\n<p><b>References:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Government Decree 132\/2020\/ND-CP dated November 5, 2020.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Decree 20\/2025\/ND-CP dated February 27, 2025 amends and supplements Decree 132.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Decree 125\/2020\/ND-CP stipulates administrative penalties for violations related to taxes and invoices.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Law on Tax Administration No. 38\/2019\/QH14.<\/span><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Vai tr\u00f2 c\u1ee7a Ngh\u1ecb \u0111\u1ecbnh 132\/2020\/N\u0110-CP \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m trong chi\u1ebfn l\u01b0\u1ee3c qu\u1ea3n tr\u1ecb thu\u1ebf c\u1ee7a doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft t\u1ea1i Vi\u1ec7t Nam. Trong b\u1ed1i c\u1ea3nh thanh tra chuy\u1ec3n gi\u00e1 ng\u00e0y c\u00e0ng chuy\u00ean s\u00e2u v\u00e0 d\u1eef li\u1ec7u thu\u1ebf \u0111\u01b0\u1ee3c chia s\u1ebb xuy\u00ean bi\u00ean gi\u1edbi, vi\u1ec7c hi\u1ec3u \u0111\u00fang v\u00e0 tu\u00e2n th\u1ee7 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3023","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\/3023","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=3023"}],"version-history":[{"count":1,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/3023\/revisions"}],"predecessor-version":[{"id":3027,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/3023\/revisions\/3027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media\/3024"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=3023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=3023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=3023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}