17/12/2025
Supporting household businesses to convert into enterprises
In the context of digital transformation, transparency in production and business activities and deeper economic integration, the household business model is revealing certain limitations. Based on this reality, Kien Thuy Commune People's Committee recently organized a training conference to support the conversion of household businesses into enterprises and to disseminate tax policies and regulations to household businesses in the commune.
The conference aims to provide comprehensive and timely information on the conversion process and procedures, new tax policies, as well as financial, banking, and digital transformation support solutions for household businesses. Converting from a household business model to an enterprise not only helps businesses improve their competitiveness, legal status, and expand their operations, but also facilitates access to government support policies such as tax incentives, credit, land, science and technology, human resource training, digital transformation, and trade promotion. At the same time, the conversion also enhances management capacity, competitiveness, and market position.