Taxes in Vietnam
As a result of today’s tax laws, businesses confront significant challenges. Businesses demand clear, well-informed, and well-considered counsel due to the complexities of domestic and international rules. We work directly with you as tax consultants in Vietnam to create clear, comprehensive tax-efficient solutions that give you confidence and help you achieve long-term success.
We work together with you to establish tax strategies that will assist you in achieving your strategic objectives.
Tax solutions in Vietnam
Tax optimization
We assist clients in navigating an increasingly complex tax environment in Vietnam and around the world. No matter where they do business, our tax experts use their broad experience and industry knowledge to give customers the insights and innovation they need to stay compliant and increase value.
Tax consultation
Our skilled tax consultants can assist you in growing and protecting your company by offering the appropriate amount of tax assistance to help you reach your goals. We can assist you in growing and protecting your business with everything from tax advising to fully outsourced tax compliance services.
VAT registration
VAT-registered businesses are given a VAT number, which can be shown on invoices, letterheads, websites, and other business stationery. Other businesses may find this enticing as well, as many may be afraid to do business with a non-VAT registered corporation because it is too small.
Bookkeeping
We have years of experience offering bookkeeping and tax preparation services to thousands of customers in a variety of industries and business lines. We are confident in our ability to assist customers in complying with Vietnam legislation regarding accounting, tax procedure execution, tax law, company law, and other legal restrictions.
Applying for tax return
From corporate tax advice to business VAT assistance, we take a balanced and complete approach to all we do. We take a holistic approach to your business, not just your next tax return, and offer practical, commercially focused advice from tax consulting professionals with years of experience.
Register as a taxpayer
Anyone who is required to pay ordinary taxes or file a tax return must apply to the Commissioner to register as a taxpayer in Vietnam.
System of taxes and fees in Vietnam
Residents of Vietnam are subject to a progressive tax system with rates ranging from 5% to 35%. For tax residents of Vietnam, the top marginal rate is 35 percent on monthly income over 80 million Vietnamese dongs (VND) (including both Vietnamese nationals and expatriates).
Some taxes include corporate income tax, personal tax, value-added tax, etc.
Tax rates
| Tax | Tax Rate |
|---|---|
| VAT | 0% – 10% |
| Corporate income tax | 20% |
| Personal income tax | 5% – 35% |
| Dividend tax | 0% (corporate); 5% (individuals, both residents and non-residents) |
| Capital Gains tax | 0.1% – 35% (under standard income tax) |
| Property tax | 0.03% – 0.15% |
| Inheritance tax | 10% |
| International tax | 0% – 50% |
| Cryptocurrency tax | Unclear/Varied |
Request bookkeeping solution
We provide an excellent bookkeeping solution and are eager to help your business with that service.
Bookkeeping
We work directly with you as tax consultants in Vietnam to create clear, comprehensive tax-efficient solutions that give you confidence and help you achieve long-term success.
We work together with you to establish tax strategies that will assist you in achieving your strategic objectives.
Contact us
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Disclaimer
Tax laws and regulations are continually evolving and can differ depending on individual circumstances. The information presented here is intended for general guidance only and may not represent the latest updates. It is strongly advised to seek the assistance of a qualified tax professional for comprehensive and current advice tailored to your specific situation.