{"id":4775,"date":"2026-07-24T17:05:34","date_gmt":"2026-07-24T10:05:34","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=4775"},"modified":"2026-07-28T09:31:30","modified_gmt":"2026-07-28T02:31:30","slug":"muon-tien-co-phai-la-quan-he-lien-ket-khong","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/en\/muon-tien-co-phai-la-quan-he-lien-ket-khong\/","title":{"rendered":"Is a loan relationship considered an affiliated relationship?"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Is borrowing money considered a related-party transaction? This is a question many businesses are asking now that Decree 255\/2026\/N\u0110-CP officially took effect on July 1, 2026, expanding the scope of related-party transactions to include borrowing, lending, and other money-lending activities. Under the new regulations, a loan or borrowing transaction is considered a related-party transaction only if it meets both of the following conditions:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The transaction value must be at least 10% of shareholders' equity at the time the transaction occurs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">And the other party is an individual who manages or controls the business or has a related-party relationship as defined by regulations.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The following article provides a detailed analysis of the legal basis set forth in Articles 4, 5, 12, and 13 <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-255-2026-ND-CP-quan-ly-thue-giao-dich-lien-ket-cua-doanh-nghiep-co-quan-he-lien-ket-713416.aspx\" rel=\"nofollow noopener\" target=\"_blank\">Decree 255\/2026\/ND-CP<\/a><\/span><\/strong><span style=\"font-weight: 400;\">, helping businesses accurately identify transactions, determine appropriate transfer pricing, and proactively mitigate tax risks.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 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\/muon-tien-co-phai-la-quan-he-lien-ket-khong\/#Muon_tien_co_phai_la_quan_he_lien_ket_khong_theo_Nghi_dinh_2552026ND-CP\" >Is borrowing money considered a related-party transaction under Decree No. 255\/2026\/N\u0110-CP?\u00a0<\/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\/muon-tien-co-phai-la-quan-he-lien-ket-khong\/#Dieu_kien_de_giao_dich_vay_muon_tien_duoc_xem_la_quan_he_lien_ket\" >Conditions under which loan and borrowing transactions are considered affiliated relationships<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/muon-tien-co-phai-la-quan-he-lien-ket-khong\/#Vi_sao_muon_tien_cho_vay_tien_lai_duoc_dua_vao_dien_giao_dich_lien_ket\" >Why are borrowing and lending money classified as related-party transactions?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/muon-tien-co-phai-la-quan-he-lien-ket-khong\/#Doanh_nghiep_can_lam_gi_khi_phat_sinh_giao_dich_vay_muon_tien_thuoc_dien_lien_ket\" >What should a business do when it enters into a loan or borrowing transaction with an affiliated party?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/muon-tien-co-phai-la-quan-he-lien-ket-khong\/#Xac_dinh_gia_giao_dich_lien_ket_doi_voi_khoan_vay_muon_tien_nhu_the_nao\" >How are transfer pricing rates determined for loans and borrowings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/muon-tien-co-phai-la-quan-he-lien-ket-khong\/#Nguyen_tac_lua_chon_phuong_phap_xac_dinh_gia_giao_dich_lien_ket_cho_khoan_vay\" >Principles for Selecting a Method to Determine the Transfer Pricing for a Loan<\/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\/muon-tien-co-phai-la-quan-he-lien-ket-khong\/#Rui_ro_neu_doanh_nghiep_khong_xac_dinh_dung_quan_he_lien_ket_khi_vay_muon_tien\" >Risks if a business fails to properly identify related-party relationships when borrowing money<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/muon-tien-co-phai-la-quan-he-lien-ket-khong\/#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-9\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/muon-tien-co-phai-la-quan-he-lien-ket-khong\/#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 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Muon_tien_co_phai_la_quan_he_lien_ket_khong_theo_Nghi_dinh_2552026ND-CP\"><\/span><b>Is borrowing money considered a related-party transaction under Decree No. 255\/2026\/N\u0110-CP?<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_4776\" aria-describedby=\"caption-attachment-4776\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4776\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-theo-Nghi-dinh-255.jpg\" alt=\"M\u01b0\u1ee3n ti\u1ec1n c\u00f3 ph\u1ea3i l\u00e0 quan h\u1ec7 li\u00ean k\u1ebft kh\u00f4ng theo Ngh\u1ecb \u0111\u1ecbnh 255\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-theo-Nghi-dinh-255.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-theo-Nghi-dinh-255-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-theo-Nghi-dinh-255-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-theo-Nghi-dinh-255-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-theo-Nghi-dinh-255-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4776\" class=\"wp-caption-text\">Is borrowing money considered a related-party transaction under Decree 255?<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Pursuant to Paragraph 1 of Article 4 of Decree No. 255\/2026\/ND-CP:<\/span><\/p>\n<blockquote><p><i><span style=\"font-weight: 400;\">Related-party transactions are defined as transactions involving the purchase, sale, exchange, lease, rental, borrowing, lending, transfer, or assignment of goods; the provision of services; borrowing, lending, financial services, financial guarantees, and other financial instruments; as well as transactions involving tangible and intangible assets and agreements for the shared use of resources among parties in an affiliated relationship.<\/span><\/i><\/p><\/blockquote>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The only exception is business transactions involving goods and services subject to state price regulation, which are conducted in accordance with the law on pricing.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Thus, the answer to the question of whether borrowing money constitutes a related-party relationship has been clearly defined: <\/span><b>Loan and borrowing relationships will be classified as related-party transactions effective July 1, 2026<\/b><span style=\"font-weight: 400;\">, when Decree No. 255\/2026\/N\u0110-CP officially takes effect. This means that any loan or borrowing arrangement between a business and related parties falls within the scope of the regulations on transfer pricing, rather than being considered a routine financial transaction that falls outside the scope of tax law.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">This is a point that businesses need to pay special attention to, because in the past, many companies were in the habit of treating internal loans and loans from shareholders or executives as purely financial transactions, without considering them in the context of related-party transactions.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Businesses may refer to the following for more information<\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/diem-moi-nghi-dinh-255-2026-nd-cp\/\"> New points of Decree 255\/2026\/ND-CP<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> to get an overview of the changes before delving into the specific regulations related to borrowing and lending money.\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Dieu_kien_de_giao_dich_vay_muon_tien_duoc_xem_la_quan_he_lien_ket\"><\/span><b>Conditions under which loan and borrowing transactions are considered affiliated relationships<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_4777\" aria-describedby=\"caption-attachment-4777\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4777\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-dieu-kien-de-giao-dich-muon-cho-muon-tien-duoc-xem-la-quan-he-lien-ket.jpg\" alt=\"M\u01b0\u1ee3n ti\u1ec1n c\u00f3 ph\u1ea3i l\u00e0 quan h\u1ec7 li\u00ean k\u1ebft kh\u00f4ng v\u00e0 \u0111i\u1ec1u ki\u1ec7n \u0111\u1ec3 giao d\u1ecbch m\u01b0\u1ee3n, cho m\u01b0\u1ee3n ti\u1ec1n \u0111\u01b0\u1ee3c xem l\u00e0 quan h\u1ec7 li\u00ean k\u1ebft\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-dieu-kien-de-giao-dich-muon-cho-muon-tien-duoc-xem-la-quan-he-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-dieu-kien-de-giao-dich-muon-cho-muon-tien-duoc-xem-la-quan-he-lien-ket-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-dieu-kien-de-giao-dich-muon-cho-muon-tien-duoc-xem-la-quan-he-lien-ket-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-dieu-kien-de-giao-dich-muon-cho-muon-tien-duoc-xem-la-quan-he-lien-ket-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-dieu-kien-de-giao-dich-muon-cho-muon-tien-duoc-xem-la-quan-he-lien-ket-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4777\" class=\"wp-caption-text\">Is borrowing money considered a related-party relationship, and what are the conditions under which a transaction involving borrowing or lending money is considered a related-party relationship?<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Not every transaction involving borrowing or lending money automatically constitutes a related-party transaction. According to Point l, Clause 1, Article 5 of Decree No. 255\/2026\/N\u0110-CP, a loan or borrowing relationship is considered an affiliated relationship only when it simultaneously meets the conditions regarding the threshold ratio and the parties involved in the transaction, specifically:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A business that has conducted transactions involving the transfer or acquisition of at least 25% of the business owner\u2019s equity interest during the tax period; or<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A business that engages in borrowing, lending, or lending out at least 10% of owners\u2019 contributed capital at the time the transaction occurs during the tax period, with the counterparties being individuals who manage, control the enterprise, or with individuals who fall under one of the relationships specified in Point g, Clause 1, Article 5 of this Decree.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><b>This can be easily illustrated with an example: <\/b><span style=\"font-weight: 400;\">If a business\u2019s equity capital is 10 billion VND, then any loan or credit facility of 1 billion VND or more (equivalent to 10% of the equity capital) that occurs with individuals who manage or control the enterprise during the tax period will be deemed a related-party transaction under the new regulations.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In other words, to accurately determine whether a borrowing or lending relationship constitutes a related-party relationship in each specific case, a business must simultaneously consider two factors: the ratio of the transaction value to equity, and the relationship between the business and the lender or borrower.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Vi_sao_muon_tien_cho_vay_tien_lai_duoc_dua_vao_dien_giao_dich_lien_ket\"><\/span><b>Why are borrowing and lending money classified as related-party transactions?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_4778\" aria-describedby=\"caption-attachment-4778\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4778\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-ly-do-muon-cho-muon-lai-duoc-dua-vao-dien-giao-dich-lien-ket.jpg\" alt=\"M\u01b0\u1ee3n ti\u1ec1n c\u00f3 ph\u1ea3i l\u00e0 quan h\u1ec7 li\u00ean k\u1ebft kh\u00f4ng v\u00e0 l\u00fd do m\u01b0\u1ee3n , cho m\u01b0\u1ee3n l\u1ea1i \u0111\u01b0\u1ee3c \u0111\u01b0a v\u00e0o di\u1ec7n giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-ly-do-muon-cho-muon-lai-duoc-dua-vao-dien-giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-ly-do-muon-cho-muon-lai-duoc-dua-vao-dien-giao-dich-lien-ket-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-ly-do-muon-cho-muon-lai-duoc-dua-vao-dien-giao-dich-lien-ket-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-ly-do-muon-cho-muon-lai-duoc-dua-vao-dien-giao-dich-lien-ket-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/07\/Muon-tien-co-phai-la-quan-he-lien-ket-khong-va-ly-do-muon-cho-muon-lai-duoc-dua-vao-dien-giao-dich-lien-ket-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4778\" class=\"wp-caption-text\">Is borrowing money considered a related-party transaction, and are the reasons for borrowing and lending classified as related-party transactions?<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The expansion of the scope of related-party transactions to include lending and borrowing activities stems from the fact that these types of financial transactions are highly susceptible to being exploited for transfer pricing and the shifting of profits among related parties through interest rate agreements that do not accurately reflect market value.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">A loan with an interest rate that is too high or too low compared to the market rate can be used as a tool to shift taxable income among related parties, thereby affecting the amount of corporate income tax owed.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Therefore, under Article 13 of Decree 255\/2026\/N\u0110-CP, interest payments in borrowing and lending activities are identified as one of the cases where the method of comparing related-party transaction prices with independent transaction prices applies. This serves as an important legal basis for tax authorities to assess the reasonableness of interest rates on loans between related parties, and it also serves as the basis for businesses to self-review and prepare documentation demonstrating that their transactions comply with the arm\u2019s-length principle.\u00a0<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Doanh_nghiep_can_lam_gi_khi_phat_sinh_giao_dich_vay_muon_tien_thuoc_dien_lien_ket\"><\/span><b>What should a business do when it enters into a loan or borrowing transaction with an affiliated party?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Once a business has clearly determined whether a loan constitutes a related-party transaction in its specific case, the next step is to determine the arm\u2019s-length price for that loan in accordance with the methods and principles prescribed by law.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Xac_dinh_gia_giao_dich_lien_ket_doi_voi_khoan_vay_muon_tien_nhu_the_nao\"><\/span><b>How are transfer pricing rates determined for loans and borrowings?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to Article 13 of Decree No. 255\/2026\/ND-CP, the method of comparing related-party transaction prices with arm\u2019s-length transaction prices is applied based on the following principles:\u00a0<\/span><\/p>\n<blockquote><p><em><span style=\"font-weight: 400;\">There are no differences in product characteristics or contract terms between an arm\u2019s-length transaction and a related-party transaction that have a material effect on price. If there are differences that have a material effect, the enterprise must eliminate these differences before making the comparison.<\/span><\/em><\/p><\/blockquote>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">With regard to loans and lending, factors that have a significant impact on price (in this case, the interest rate) should be considered, including:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The characteristics and size of the loan;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loan contract terms, such as the loan term and the payment schedule for interest and principal;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The economic factors and operational functions of the business at the time the transaction occurred.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">After eliminating significant differences, the price (interest rate) of the related-party loan will be adjusted based on the arm\u2019s-length transaction value or the corresponding standard arm\u2019s-length transaction range.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><b>One point businesses need to pay particular attention to:<\/b><span style=\"font-weight: 400;\"> The results of transfer pricing assessments serve as the basis for filing returns and determining the amount of corporate income tax due, but <\/span><b>shall not reduce the tax liability payable to the state budget<\/b><span style=\"font-weight: 400;\"> of the taxpayer. This is a fundamental principle that ensures the determination of transfer pricing does not become a means of evading tax obligations.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Nguyen_tac_lua_chon_phuong_phap_xac_dinh_gia_giao_dich_lien_ket_cho_khoan_vay\"><\/span><b>Principles for Selecting a Method to Determine the Transfer Pricing for a Loan<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Pursuant to Article 12 of Decree No. 255\/2026\/ND-CP, the method for determining the price of related-party transactions must be selected in accordance with the arm\u2019s-length principle, the nature of the transaction, and the taxpayer\u2019s functions, and must be applied consistently throughout the entire production and business cycle or phase.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The selection of the method must also be based on the financial data of independent comparables, selected in accordance with the principles of analysis and comparison set forth in Articles 6, 7, 8, 9, and 10 of this Decree, as well as on the specific characteristics of the related-party transaction and the information and data available at the time of price determination.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">For loans and borrowings, given their nature as transactions that can be directly compared based on market interest rates, the arm\u2019s-length transaction price comparison method under Article 13 is typically the preferred method if the enterprise is able to collect sufficient and appropriate comparative data.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Rui_ro_neu_doanh_nghiep_khong_xac_dinh_dung_quan_he_lien_ket_khi_vay_muon_tien\"><\/span><b>Risks if a business fails to properly identify related-party relationships when borrowing money<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">If a business fails to properly identify whether a borrowing or lending relationship constitutes a related-party relationship in a specific transaction, the consequences may include:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Failure to comply with the obligation to prepare documentation to determine the price of related-party transactions;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Failure to fully disclose information on related-party transactions during the tax period.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">These are deficiencies that are easily detected when tax authorities conduct audits and inspections, and may result in the tax base for that loan or borrowing being reassessed.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Therefore, from the very moment a loan or borrowing transaction with related parties arises, businesses should proactively review the ratio of such transactions to shareholders\u2019 equity and clearly define the relationship with the borrower or lender, so they can develop an appropriate reporting strategy and prepare the necessary documentation from the outset, rather than reacting passively once a request has been issued by the tax authorities.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">If in-depth support is needed, businesses can seek advice <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/dich-vu-lap-ho-so-giao-dich-lien-ket\/\">related party transaction documentation service<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> to ensure that the records are prepared completely and in accordance with regulations right from the start of the tax period.\u00a0<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><b>Conclude<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Based on the above analysis, it can be clearly stated that, effective July 1, 2026, borrowing and lending money are officially considered related-party transactions under the provisions of Decree 255\/2026\/N\u0110-CP. However, determining whether a specific borrowing or lending transaction qualifies as a related-party transaction depends on whether the transaction meets the equity contribution threshold (a minimum of 10% of equity capital) and involves an individual who manages, control the enterprise, or an individual with a related-party relationship as defined by the regulations.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Once a transaction has been identified as a related-party transaction, the enterprise must determine the transaction price in accordance with the methods and principles specified in Article 12, Article 13 of Decree No. 255\/2026\/ND-CP, and simultaneously prepare a complete set of documentation and comparative data to demonstrate that the interest rates on loans and borrowings comply with the arm\u2019s-length principle. This is a crucial step that helps businesses not only comply with legal regulations but also minimize the risk of having their taxable value adjusted during tax audits or inspections.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">For assistance with reviewing and identifying transactions, as well as advice on compliance strategies tailored to the specific needs of your business, please refer to<\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/dich-vu-tu-van-giao-dich-lien-ket\/\"> related party transaction advisory services<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> from MAN\u2019s team of experienced affiliate trading experts.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lien-he\/\"><span style=\"font-weight: 400;\"><strong><span style=\"color: #0000ff;\">Contact MAN \u2013 Master Accountant Network<\/span><\/strong><\/span><\/a><span style=\"font-weight: 400;\"> For free support and advice!<\/span><\/p>\n<h3 style=\"text-align: justify;\"><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 style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Address:<\/b><span style=\"font-weight: 400;\"> No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Mobile\/Zalo:<\/b><span style=\"font-weight: 400;\"> 0903 963 163 \u2013 0903 428 622<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>E-mail:<\/b><span style=\"font-weight: 400;\"> man@man.net.vn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Google Business Profile:<\/b> <a href=\"https:\/\/share.google\/EmihzHg354pCASC9k\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\"><strong><span style=\"color: #0000ff;\">View MAN \u2013 Master Accountant Network&#039;s Google Business Profile<\/span><\/strong>\u00a0<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>LinkedIn Founder:<\/b> <a href=\"https:\/\/www.linkedin.com\/in\/tuy%C3%AAn-l%C3%AA-ho%C3%A0ng-65292aa0\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\"><strong><span style=\"color: #0000ff;\">View expert Le Hoang Tuyen&#039;s LinkedIn profile.<\/span><\/strong>\u00a0<\/span><\/a><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Responsible for production and professional content review by: Mr. <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" rel=\"nofollow noopener\" target=\"_blank\">Le Hoang Tuyen \u2013 Founder &amp; CEO of MAN \u2013 Master Accountant Network<\/a><\/span><\/strong><span style=\"font-weight: 400;\">. He is a CPA Vietnam auditor with over 30 years of in-depth experience in accounting, auditing, taxation, and corporate legal consulting.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>M\u01b0\u1ee3n ti\u1ec1n c\u00f3 ph\u1ea3i l\u00e0 quan h\u1ec7 li\u00ean k\u1ebft kh\u00f4ng? \u0110\u00e2y l\u00e0 c\u00e2u h\u1ecfi \u0111ang \u0111\u01b0\u1ee3c nhi\u1ec1u doanh nghi\u1ec7p \u0111\u1eb7t ra khi Ngh\u1ecb \u0111\u1ecbnh 255\/2026\/N\u0110-CP ch\u00ednh th\u1ee9c c\u00f3 hi\u1ec7u l\u1ef1c t\u1eeb 1\/7\/2026, m\u1edf r\u1ed9ng ph\u1ea1m vi giao d\u1ecbch li\u00ean k\u1ebft sang c\u1ea3 ho\u1ea1t \u0111\u1ed9ng vay, cho vay, m\u01b0\u1ee3n, cho m\u01b0\u1ee3n ti\u1ec1n. Theo quy \u0111\u1ecbnh m\u1edbi, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":4776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4775","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\/4775","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=4775"}],"version-history":[{"count":1,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/4775\/revisions"}],"predecessor-version":[{"id":4779,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/4775\/revisions\/4779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media\/4776"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=4775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=4775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=4775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}