Taxes in Vietnam
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Tranio Editorial
Taxes in Vietnam are lower in comparison with those of the US and Western Europe. In this Asian country, property buyers pay VAT and a registration fee, owners pay the land and rental income taxes and sellers pay a sale tax.
| VAT on new buildreal estate purchase | 10 |
| Property titleregistration fee | 0.5 |
| Land tax | |
| Rental income tax | 5 (individuals), 20 (legal entities) |
| Sale tax | 2 (individuals), 20 (legal entities) |
| Inheritance tax | 10 |
| Individuals | Legal entities | |
| Upon purchase | ||
| VAT (on new buildreal estate purchase) | 10% (included in the price) | |
| Real estateregistration fee (stamp duty) | 0.5% of the property value | |
| During ownership | ||
| Land tax | There is no property tax. A land use tax exists. The rates range between 0.03% and 0.15% (depending on the municipality) for residential real estate and run at 0.03% for commercial properties. | |
| Rental income tax | 5% (+5% VAT) | 20% |
| Upon transfer of property ownership | ||
| Sale tax | 2% of the property value at sale (not applicable, if it is the only |
20% of the difference between the buy and sale prices. |
| Inheritance andgift taxes | 10% (not applicable if the property is transferred to spouses, children, parents, |
10% |
The material contained within this article is for informational purposes only. Tranio.com strongly recommends contacting certified tax experts in Vietnam before purchasing any property.
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