DoubleTaxationTaxes on salary: Vietnam preliminary data
How much income tax and social contributions are paid on a salary in Vietnam, what a sole proprietor and a company pay, and which special regimes exist. Preliminary data.
Preliminary data: headline rates from official sources and bulletins of international organisations, without reliefs or special rules; being refined.
Calculation for a gross salary of €60,000 per year
| Gross salary | ₫1,847,815,650 ≈ €60,000 |
|---|---|
| Income tax | ₫383,743,778 ≈ €12,460 |
| Employee contributions | ₫68,262,000 ≈ €2,217 |
| Take-home pay | ₫1,395,809,873 ≈ €45,323 |
| Employer contributions and payroll taxes | ₫132,546,000 ≈ €4,304 |
| Employer's labour cost | ₫1,980,361,650 ≈ €64,304 |
Only some of the country's direct taxes and levies are counted: income tax on wages and compulsory contributions. Not counted: property and real-estate taxes; taxes on dividends, interest and other investment income; inheritance and gift taxes; indirect taxes such as VAT, excise and customs duties.
Taxes for sole proprietors and companies
Tax and contributions on the profit for a year; expenses are 10% of revenue, the company pays its profit out to the owner. Reliefs and local taxes are not included.
| Annual revenue | €30,000 ₫923,907,825 | €60,000 ₫1,847,815,650 | €120,000 ₫3,695,631,300 |
|---|---|---|---|
| Company | ₫124,727,556 15.0 % | ₫249,455,113 15.0 % | ₫565,431,589 17.0 % |
| Sole proprietor · Household and individual business — revenue exemption threshold | ₫0 0.0 % | above the regime's limit | above the regime's limit |
Special tax regimes
PIT exemption for individuals working at the International Financial Centre
For employees · rate 0.0 %
Who: Vietnamese and foreign managers, experts, scientists and highly qualified staff of IFC members meeting at least one standard (degree or reputable professional certificate, 5+ years' relevant experience, or department-head level at a reputable financial institution), selected by the IFC Operating Authority.
Salary and wage income from work at the International Financial Centre is exempt from personal income tax until 2030; gains on transfers of shares or capital contributions in IFC members are also exempt (except listed/public-company securities).
Legal basis: National Assembly Resolution 222/2025/QH15 (27 Jun 2025) on the International Financial Centre; Decree 324/2025/ND-CP
PIT exemption and reduction for experts and scientists at innovative start-ups and R&D centres
For employees
Who: Experts and scientists (as defined by the Law on Science, Technology and Innovation) paid by innovative start-up enterprises, R&D centres or start-up support intermediaries.
Salary and wage income is exempt from PIT for 2 years (24 consecutive months) and PIT is halved for the next 4 years (48 months), counted from the month the income arises.
Tax residence
The tax residence check does not cover Vietnam yet.
Assumptions
- Calculated with the OECD Taxing Wages methodology: income tax including local taxes plus employee social security; single person without children, tax year 2026, ECB rate of 2 January 2026.
- Exchange rate: 1 EUR = 30796.9275 VND (UN Treasury operational rate of exchange effective 31 Dec 2025 (in force on 2 Jan 2026); the SBV site refused automated access, 31/12/2025) ↗
Sources
- Uông Bí city government — PIT information note on Law 109/2025/QH15 and decrees
- Ministry of Finance — Q&A on CIT rates (Decree 320/2025/ND-CP)
- US SSA — Social Security Programs Throughout the World: Asia and the Pacific, 2018 — Vietnam
- Ha Tinh provincial government portal — Decree 161/2026/ND-CP: base salary VND 2,530,000 a month from 1 Jul 2026
- Government news portal (baochinhphu.vn) — Tax policies applied to the International Financial Centre (Decree 324/2025/ND-CP)
- Government policy portal (xaydungchinhsach.chinhphu.vn) — Conditions for PIT exemption/reduction under Decree 20/2026/ND-CP
- UN Treasury — UN operational rates of exchange (VND history; rate effective 31 Dec 2025)
Data checked: 08/11/2026. An indicative calculation for a typical case. Not tax advice.