The Corporate Tax Rate in Vietnam stands at 20 percent.

Corporate Tax Rate in Vietnam averaged 26.77 percent from 1997 until 2020, reaching an all time high of 35 percent in 1998 and a record low of 20 percent in 2016. This page provides - Vietnam Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Corporate Tax Rate - values, historical data and charts - was last updated on July of 2020. source: General Department Of Taxation - Ministry Of Finance

Corporate Tax Rate in Vietnam is expected to reach 20.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Corporate Tax Rate is projected to trend around 17.00 percent in 2021, according to our econometric models.

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Vietnam Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 35.00 20.00 1997 - 2020 percent Yearly

Vietnam Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 35.00 20.00 percent [+]
Personal Income Tax Rate 35.00 35.00 40.00 35.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 32.00 32.00 32.00 20.00 percent [+]
Social Security Rate For Companies 21.50 21.50 22.00 15.00 percent [+]
Social Security Rate For Employees 10.50 10.50 10.50 5.00 percent [+]


Vietnam Corporate Tax Rate
In Vietnam, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Vietnam.