The amendment to Law on Corporate Income Tax of Vietnam (Law No. 67/2025/QH15) official came into force on 1 October 2025. According to the revised Law on Corporate Income Tax, the standard tax rate for corporate income tax in Vietnam remains at 20%, but different tax rates may apply depending on factors such as the size, industry and location of the enterprise. The current applicable corporate income tax rates in Vietnam mainly include:
Standard Tax Rate
The standard tax rate for corporate income tax in Vietnam is 20%, which applies to all enterprises that do not eligible for the preferential tax rate.
Preferential Tax Rate for SME
Eligible small and medium-sized enterprises (SMEs) may enjoy the following preferential tax rates:
(1) Enterprises with total annual revenue not exceeding VND3 billion: 15%.
(2) Enterprises with total annual revenue exceeding VND3 billion but not exceeding VND50 billion: 17%.
However, it should be noted that the above preferential tax rates do not apply to small enterprises affiliated with large enterprises that do not meet the SME criteria. And the total annual revenue stated above refers to the total revenue for the preceding corporate income tax period.
Tax Rate for Special Industry
For example, the tax rate applicable to income generated from oil and gas exploration and exploitation is from 25% to 50%. The tax rate applicable to income generated from rare resource exploration and exploitation (such as platinum, gold, silver, tin, tungsten, antimony, gemstones, rare earths, and other rare resources stipulated by law) is 50%.
Preferential Tax Rate for Specific Region
For example, newly built investment projects located in extremely impoverished regions can be eligible for a 10% preferential corporate income tax rate for a period of 15 years if they meet the relevant conditions. However, global minimum tax rules may affect the availability of preferential tax rate.
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Disclaimer
All information in this article is only for the purpose of information sharing, instead of professional suggestion. Kaizen will not assume any responsibility for loss or damage.
The amendment to Law on Corporate Income Tax of Vietnam (Law No. 67/2025/QH15) official came into force on 1 October 2025. According to the revised Law on Corporate Income Tax, the standard tax rate for corporate income tax in Vietnam remains at 20%, but different tax rates may apply depending on factors such as the size, industry and location of the enterprise.
According to the revised Corporate Income Tax Law of Vietnam, which came into effect on 1 October 2025, non-resident enterprises who directly or indirectly transfer the rights and interests of enterprises registered in Vietnam will be taxed at an applicable tax rate on the gross transfer price.
What is the minimum amount of charter capital required to set up a limited liability company in Vietnam? There is no minimum charter capital requirement for establishing a limited liability company (LLC) in Vietnam under the laws and regulations of Vietnam, except for certain specific sectors (such as banking and real estate sector).
Foreign loans not guaranteed by the government may be divided into short-term loans with a maturity of up to 1 year and medium or long-term loans with a maturity exceeding 1 year. Medium or long-term loans must be registered with and approved by the State Bank of Vietnam while short-term loans do not have so such requirement under normal circumstances.
