Regulations on Personal Income Tax in Vietnam

Foreigners working in Vietnam, those who frequently visit Vietnam for tourism, individuals sent abroad, personnel in human resources and accounting departments, people who are starting work locally, and those considering immigration can all make use of this information.

Consult experts for accurate data.

Overview of Personal Income Tax in Vietnam

• Tax Year: From January 1 to December 31

• Residents: Refer to the progressive tax rate table below

• Non-residents: Pay 20% of their salary

Tax Filing and Payment Period:

• Quarterly (by the end of the following month)

• Monthly (by the 20th of the following month)

• If the sales revenue in the previous year exceeds VND 50 billion, and the estimated monthly personal income tax deduction exceeds VND 50 million, the tax must be filed monthly.

Tax Filing Deadline: End of April of the following year

Basic Deduction: VND 11 million

Dependent Deduction: VND 4.4 million x number of dependents

Key Points to Note:

• There is no residency tax, but social insurance fees should be taken into account.

• It is important to determine whether an individual is a resident or non-resident.

• For individuals over 18 years old, there are some requirements for dependent deductions for spouses.

• If you have no income (VND 1,000,000 or less per month) and have a physical disability or face work difficulties, the basic tax rate will apply.