Vietnam - Civil Law
Incorporate Now
Click request a call for a free, no obligation consultation.
In a hurry? Click incorporate now, and startup your company immediately.

Vietnam taxes

Want to setup a company? This will tell you about tax laws in Vietnam, reading this will help you becoming knowlegeable on the specific tax laws and rates for a LLC - (Wholly Foreign Owned) which is the most common company type in Vietnam.

VN has a tax on foreign earned income from outside the country separately then it it was earned within the borders. Theheadline estimated rate for income remitted, from our research, and this is not personal tax advice, is 0%. Vietnam doesn't have known exemptions to transfer in foreign earned profits earned outside the borders. Taxes are very reasonable in Vietnam as the income corporate tax rate is 22%. This ranks Vietnam as 86th overall in terms of corp. taxation rate internationally. . .

The value added tax (VAT) rate in VN is 10.00%, that ranks Vietnam as 86th overall in terms of VAT taxation rate internationally. In terms of other taxation, an employer will contribute 1,700.00% to the equivalent of a social security fund and an employee will contribute 7.00%. The overall complexity of the tax system is high. This is measured by average time to comply with a country's labor tax requirements is as it is 335hours. Contributing to this is the number of yearly labor tax payments, which is 1 in VN.

Thin cap restrictions aren't in effect. Thin capitalisation refers to any sort of laws on a business and the debt-to-asset ratios. A dividend is payments of an earnings of the business, determined by the board of directors, to a class of its shareholders. Dividends can be either cash payments, shares of stock, or other property. The capital gains rate in VNis 0%. A capital gains tax is levied on the profits that a corporation or natural person realizes when they sell sells a capital asset for a price that is higher than the purchase price.

The interest witholding rate is estimated at 0This means that the tax authorities expects to automatically withhold 0 of payments abroad for interest payments. The dividends witholding rate is 0This means that the tax authorities expects companies to withold 0 of money remitted abroad for dividend payments. The royalties witholding rate 0 Which means that the taxman expects to withold 0 of payments offshore for for royalty payments.
There is no known tax on wealth in Vietnam. There are inheritance taxes in VN placed on an estate. We are aware of popular and well known research and development tax incentives in Vietnam.

The above is not tax or legal advice for your particular circumstances. We are able to to refer you to an expert in Vietnam who can properly advise you. Ready to get started? Click the free consultation button above.

It takes approximately 217 hours to file and prepare documents for a Vietnam Civil Law.
The corporate tax is approximately 22% which is 86 in the world.

Owners of a company in Vietnam are not allowed to carry back a loss and may be allowed to carry forward a loss for 5 years.

The vat rate in Vietnam is 10% which ranks 43 in the world.

Patent box
RND credit
Wealth tax
Estate tax
Transfer taxes
Asset taxes
Capital duties
47Tax treaties
22%Offshore Tax
22%Corp rate
-Loss carryback years
217Corporate time
10%VAT rate
25%Capital gains
NoAEOI planned

Read this to learn about incorporating a company in

We can help you form a company in Vietnam. Click the button above for a no-obligation quote. We will provide you with all the necessary documents to open a bank account as well as a registered office in Vietnam, which is required by law.

We can help you with your incorporations needs for an initial payment of just $1000.

Easy Step by Step Process:
The standard process typically takes between two (2) to three (3) weeks depending on when we receive all the required information from you. Once we receive your information, we will email you a complete set of documents for your review within 3 working days upon confirmation of payment. After executing the documents, you will need to mail them to us and we will formally submit your application for filing with the Registry. The Registry will then take about 3-8 working days to process the incorporation and produce certificates necessary for opening your bank account.

Applying for Your Bank Accounts:
Incorporations.IO maintains close working relationship within our extensive network of partner banks to help you apply for and receive banking services that are most appropriate to your specific situation. From the time of verification of incorporation it can take (1) one week to (2) two weeks to apply for and receive a bank account. We work primarily with banks that allow for remotely opened accounts to ensure you are ready to do business as soon as possible.

Applying for Payment Processing:
We include introductions to payment processors or merchant accounts with all of our incorporation services. Whether you just need standard credit card processing or specialized services for high risk processing, we have partners that can assist you and are happy to help you with introductions that can empower your business.

Start Online or via Phone:
We can get started for you whenever you are ready via a US$1000 initial payment via credit card. I get notified whenever a payment is made here and would send out the welcome letter and initial forms we would need within 12 hours. If you prefer, we can also process via a phone or Skype call.

Vietnam Tax Treaties

CountryTypeDate signed
DTC 1994-09-07
DTC 2009-05-08
DTC 1997-11-14
DTC 1994-03-24
DTC 1995-05-31
DTC 2005-10-04
DTC 1995-09-07
DTC 1994-08-31
DTC 1994-08-26
DTC 1996-11-26
DTC 2008-03-10
DTC 1992-04-13
Saudi Arabia
DTC 2010-04-10
United Arab Emirates
DTC 2009-02-16
Czech Republic
DTC 1997-05-23
DTC 2014-10-15
South Korea
DTC 1994-05-20
Hong Kong
DTC 2008-12-16
New Zealand
DTC 2013-08-05
DTC 2009-04-08
DTC 1995-06-01
DTC 2008-10-27
Japan DTC 1995-10-24
DTC 2002-04-05
DTC 2001-11-21
DTC 1996-03-04
United Kingdom
DTC 1994-04-09
DTC 2008-11-24
DTC 2014-12-09
DTC 2001-11-14
DTC 2004-03-25
DTC 2010-04-13
DTC 1996-05-06
DTC 1997-12-22
DTC 2007-08-16
DTC 1993-05-27
San Marino
DTC 2013-02-14
DTC 1993-02-10
DTC 1995-05-17
DTC 2014-07-08
DTC 1995-01-24
DTC 1994-03-02
DTC 1996-02-28
DTC 1995-11-16
DTC 2008-06-02
DTC 1996-04-08
DTC 2005-07-03

Country Info

National Flag of
Cộng hòa xã hội chủ nghĩa Việt Nam (vie)
Area Code
South-Eastern Asia
Native Languages