Vietnam Compliance Guide

Q: What is Vietnam's corporate tax rate?

The standard CIT rate is 20%. Companies in encouraged sectors or regions may qualify for rates of 10%–17%, with tax holidays of up to 4 years exemption and 9 years at 50% reduction.

Filing requirements, deadlines, and fees for Vietnam business entities.

Registrar: Department of Planning and Investment (DPI) / National Business Registration Portal ·Entity types: Single-Member Limited Liability Company, Multi-Member Limited Liability Company, Joint Stock Company, Branch of Foreign Company, Representative Office

Filing Obligations

Corporate Income Tax Return (Quyết toán thuế TNDN)

Annual

Vietnam levies corporate income tax (CIT) at a standard rate of 20%. Certain sectors (oil and gas, mining) are taxed at higher rates (32%–50%). Incentivised sectors and regions may benefit from reduced rates (10%–17%) and tax holidays.

Deadline

Within 90 days of the end of the fiscal year (by 31 March for December FYE)

Fee

No filing fee

Late Penalty

VND 2,000,000–25,000,000 for late filing. Interest of 0.03% per day on late tax payments.

Filing Method

Electronic filing via the General Department of Taxation (GDT) portal

Applies to:Single-Member Limited Liability CompanyMulti-Member Limited Liability CompanyJoint Stock CompanyBranch of Foreign CompanyOfficial source

Quarterly CIT Provisional Returns

Quarterly

Vietnamese companies must make quarterly provisional CIT payments based on estimated taxable income. The total provisional payments for the year must be at least 80% of the final CIT liability.

Deadline

30th day of the first month of the following quarter

Fee

No filing fee

Late Penalty

Late payment interest of 0.03% per day.

Filing Method

Electronic filing via the GDT portal

Applies to:Single-Member Limited Liability CompanyMulti-Member Limited Liability CompanyJoint Stock CompanyOfficial source

VAT Return

Monthly or Quarterly

Vietnam levies VAT at standard rates of 10% (most goods/services) and 8% (temporarily reduced for certain categories). A 5% rate applies to essential goods. A 0% rate applies to exports.

Deadline

Monthly: 20th of the following month. Quarterly (for revenue < VND 50 billion): 30th of the first month of the following quarter.

Fee

No filing fee

Late Penalty

VND 2,000,000–25,000,000 for late filing. Interest of 0.03% per day on late payments.

Filing Method

Electronic filing via the GDT portal

Applies to:Single-Member Limited Liability CompanyMulti-Member Limited Liability CompanyJoint Stock CompanyOfficial source

Annual Financial Statements

Annual

Vietnamese companies must prepare annual financial statements in accordance with Vietnamese Accounting Standards (VAS). Companies with foreign investment must have their financial statements audited.

Deadline

Within 90 days of the end of the fiscal year

Fee

No filing fee

Late Penalty

Administrative fines for non-compliance.

Filing Method

Submitted to the tax authority, statistics office, and business registration authority

Applies to:Single-Member Limited Liability CompanyMulti-Member Limited Liability CompanyJoint Stock CompanyOfficial source

Key Dates

31 March (for December FYE)Annual CIT return and financial statements deadline

30th of the first month of following quarterQuarterly provisional CIT payment deadline

Frequently Asked Questions

What is Vietnam's corporate tax rate?

The standard CIT rate is 20%. Companies in encouraged sectors or regions may qualify for rates of 10%–17%, with tax holidays of up to 4 years exemption and 9 years at 50% reduction.

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Last updated: 2026-02-27. Information is provided for general guidance and may not reflect the most recent changes. Always verify with the official state registrar.