Pubs, clubs and bars, which are licensed to trade until 11pm, will be allowed to open for an additional two hours, on Friday 8 May and Saturday 9 May from 11am until 1am the following morning, to mark the anniversary.
The order, laid in Parliament today, will also apply to premises licensed to provide entertainment such as music, dances, plays and films.
Commemorations and community events will be held across the country to remember the heroism of British, Commonwealth and Allied armed forces personnel and the contribution of ordinary citizens to the war effort.
The early May bank holiday has been moved from Monday 4 May to Friday 8 May to mark the anniversary.
Home Secretary Priti Patel said:
VE Day events across the country will see the nation come together to pay tribute to the heroes who fought for our freedom and supported the war effort at home.
Pubs are at the heart of our communities and this is a great opportunity to raise a glass to mark this historic occasion.
This decision follows a consultation with partners including representatives of licensing authorities, the police, the licensed trade, community groups, veterans’ organisations and the Welsh Government.
Past national occasions where the government has extended licensing hours have included the FIFA World Cup in 2014 and the Diamond Jubilee celebrations in 2012.