Withholding Tax in Vietnam
Foreign Contractor Withholding Tax ('FCWT') applies to payments of interest, royalties, licence fees, foreign contractors’ fees, cross-border leases, insurance/reinsurance, airline and express delivery charges to a foreign entity.
Custom Duty for foreign contractor in Vietnam
Import duty exemptions are provided for projects which are classified as encouraged sectors and goods imported in certain circumstances.
In line with the Law on investment (Article 33.3), machinery and equipment, specialized means of transportation and construction materials (which cannot be produced in Vietnam) for use as the fixed assets...
Personal Income Tax Rate applicable for resident tax payer in Vietnam.
Question: How to calculate the Personal Income Tax Rate applicable for resident tax payer in Vietnam?
Answer: SBLAW would like to brief the progressive Personal Income Tax Rate applicable for resident tax payer in Vietnam as follows:
Income (A) ...
Double Tax in Vietnam
The withholding taxes in the table be affected by relevant DTAs. For example, the deemed CIT on foreign contractors may be eliminated or reduced through a relevant DTA.
Corporate Income Tax in Vietnam applied for foreign company
We would like to provide you with infomation about the Cooperate Income Tax (CIT) in Vietnam as follows:
Property Tax in Vietnam
Land in Vietnam is owned by the State, meaning that users of land are required to acquire or rent land use rights from the government.
Tax for FDI company in Vietnam
Regarding to tax, after setting up the company, FDI company shall have to pay following tax:
- Business License Tax: It is from 50USD-150USD/one year. Tax Rate shall very much depend on investment capital amount registered by your Company in Vietnam.
- Corporate Income Tax: From 20-22% of profit of your...
Tax holiday in Vietnam
Under Vietnam Law, tax incentives are granted based on regulated encouraged sectors and difficult socio-economic locations.
Corporate Income Tax for Foreign contractor in Vietnam
Foreign constructor is entitled to choose one of two incorporate tax regimes available under Vietnam Law., i.e. (i) Paying Corporate Income Tax according to declared revenue and expense which is similar to tax regime applicable to domestic enterprises and (ii) Paying Corporate Income Tax according to fixed rates which...
Special Sales Tax (’SST’) in Vietnam
We would like to provide some information about Special Sale Tax and other taxes in Vietnam for you as follows:















