Tax & International Structuring in Vietnam

Essentials guide · Source-checked research84% of statements checked against a source25 checked against an official source6 checked against a secondary sourceChecked 2026-10-191 topic includes AI-written statements, not source-checkedNot yet professionally reviewed

• The headline corporate income tax rate is 20%.

  Reduced rates for small enterprises and higher rates for oil, gas and certain resources apply; a new CIT Law took effect on 1 October 2025.PwC Worldwide Tax Summaries · checked 2026-10-19

• The standard VAT rate is 10%.

  Reduced rates, exemptions and any temporary rate reductions apply to specified goods and services.PwC Worldwide Tax Summaries · checked 2026-10-19

• A new Corporate Income Tax Law took effect on 1 October 2025, bringing foreign companies supplying goods or services through e-commerce and digital platforms formally within its scope and adding digital platforms to the definition of a permanent establishment.

  The PE change may affect claims for exemption under double taxation agreements.PwC Worldwide Tax Summaries · checked 2026-10-19

• Vietnam applies a qualified domestic minimum top-up tax and an income inclusion rule under a National Assembly resolution effective from 1 January 2024, with QDMTT returns and payment due 12 months after the fiscal year end.

  In-scope multinational groups under the OECD GloBE rules; IIR filing is due 18 months after the first in-scope year end, then 15 months. A transitional CbC safe harbour applies.PwC Worldwide Tax Summaries · checked 2026-10-19

• Under the transfer pricing rules, parties are related at 25% ownership and deductible interest is capped at 30% of EBITDA; Decree 255/2026 replaces Decree 132/2020 from 1 July 2026, applying from the 2026 tax period.

  Master file, local file and CbC report requirements apply, with exemptions below revenue thresholds not stated in the source. Whether the interest cap carries over under Decree 255 was not confirmed.PwC Worldwide Tax Summaries · checked 2026-10-19

• The annual CIT return and audited financial statements are due by the last day of the third month after the year end, and quarterly provisional CIT payments must total at least 80% of the year's liability.

  Calendar tax year unless a different year end is approved; provisional payments due by the 30th day of the following quarter.PwC Worldwide Tax Summaries · checked 2026-10-19

• From 1 July 2026 the personal income tax personal deduction rises to VND 15.5 million per month under Law No. 109/2025/QH15.

  Resident individuals, including employees whose tax is withheld through payroll.Viet Nam Government News (official information channel of the Government of Viet Nam) · checked 2026-10-19

• Investment incentives are available for prioritised business lines such as technology, green energy and education, in forms including corporate income tax, import duty, land levy and depreciation incentives.

  Special incentives apply to strategic projects meeting Government-set capital and disbursement thresholds (Article 17.2).Viet Nam Government News (official information channel of the Government of Viet Nam) · checked 2026-10-19

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