Vietnam: Taxes and Costs
In Depth
- Overview
- Price History
- Rental Yields
- Taxes and Costs
- Buying Guide
- Landlord and Tenant
- Inheritance
- Living There
- Useful Links
- Country Statistics
Find Property
Directory
Global Statistics
Regional Statistics
- Rents
- Buy/Sell Costs
- Capital Gains Tax
- Landlord & Tenant Law
- GDP Per Capita
- GDP/Cap Growth 1 yr
- GDP/Cap Growth 5 yrs
- Economic Freedom
- Ec. Freedom 5 yrs
- Competitiveness
- Property Rights Index
- Currency +/- Value
Last Updated: Dec 10, 2008
Vietnam has a high
flat rental income tax
INDIVIDUAL TAXATION
Non-residents are taxed on their Vietnamese-sourced income. Married couples are assessed separately and there is no provision for joint taxation.
INCOME TAX
Non-residents are liable to pay tax on their Vietnamese-sourced income at a flat rate of 20%.
CAPITAL GAINS TAX
Capital gains tax is levied at a flat rate of 25%. Taxable capital gains are computed by deducting the acquisition costs and incidental expenses from the gross sales proceeds.
If the acquisition costs cannot be determined or are not evidenced by supporting documents, the taxable gains will be the gross sales proceeds and will be taxed at a special rate of 2%.
PROPERTY TAX
There are no property taxes in Vietnam.
Vietnam - more data and information
Post a comment
Subscribe to our Newsletter!
Enter your email address to sign up.
RSS
Your Comments
posted by teo c t | 2008-04-29
Accountant, Singapore
I would like to know more about the taxes in Vietnam, the registration and payment datelines for the various taxes in Vietname.Appreciate your input.Regards.Teo CT
posted by arthur | 2008-05-17
Accountant, Singapore
Could you advise if foreigners who never step into Vietnam can buy a condonimium or villa in Vietnam? Is he subject to 25% Capital gain tax as well as remittance withholding tax, if any? If there is a remittance, what is the withholding tax rate?Is there estate duty in Vietnam?Regards.Arthur