Vietnam

Paying Taxes in

Vietnam

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Employer paid - Social Security contributions 12 372 16% contract salaries 18
Corporate income tax 5 233 25% taxable profits 16
Employer paid - Health insurance contributions 0 paid jointly 3% contract salaries 3.4
Income tax from transfer of land use rights 1 25% capital gains 1.3
Employer paid - Unemployment insurance 0 paid jointly 1% contract salaries 1.1
Business Licensing Tax 1 fixed fee (VND 1,000,000) 0.2
Fuel tax 1 5% fuel consumption 0.2
Value added tax (VAT) 12 336 10.0% value added not included
Totals: 32 941 40.1
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