Vietnamese taxation laws are a key element in the countrys fiscal policies. These guidelines manage how taxes are collected from residents and corporations. Learning about Vietnam tax codes is important for anyone investing in the country.

Vietnams taxation framework includes a variety of tax types, each imposed based on business tax codes sector. The most widely used taxes include CIT, PIT, consumption tax, luxury goods tax, and tariffs.

CIT is applied on all companies generating profit within Vietnam. The general tax rate is twenty percent, although some businesses may benefit from reduced rates. These special schemes are usually granted to firms involved in education, or those registered in economic zones.

PIT in Vietnam uses a tiered structure with levels ranging from five to thirty-five percent, depending on the salary. Domestic taxpayers are taxed on their total worldwide earnings, while foreigners working temporarily only pay tax on local revenue.