VN Value-added tax (VAT) Rates Vietnam — Value-added tax (VAT)

General VAT Rate Other Rates Local Currency
10% 5%, 0% Dong (VND)

Vietnam's general VAT rate is 10%, with other rates including 5% and 0% that can apply to certain transactions. The Value-added tax (VAT) is administered by the Ministry of Finance (http://www.mof.gov.vn) in Hanoi.

Vietnam has a 5% reduced VAT rate on basic foodstuffs and transport, and a raised 15% VAT on luxury goods.

Vietnam's consumption tax is called the Value-added tax (VAT), which was introduced in January 1999.


Vietnam VAT rates for 2017

Standard
10%
Reduced
5%
Other
Zero-rated and exempt

Vietnam VAT number format

Businesses in Vietnam that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the Ministry of Finance, and will follow a certain format. The VAT number format is 9999999 (7 digits).


Vietnam VAT return periods

Businesses in Vietnam that are required to collect tax from consumers must file regular tax returns with the Ministry of Finance in Hanoi. Vietnam's VAT return periods are:

Monthly or quarterly


Vietnam Value-added tax (VAT) Thresholds

These are the revenue thresholds at which businesses in Vietnam are required to start collecting and remitting tax.

Registration
None (see Section C)

Recovery of VAT by non-established businesses

Non-established businesses are small, unincorporated businesses that sell taxable goods and may consist of a single individual, or several. In Vietnam, taxation of a non-established business is: No (except under certain circumstances)


Vietnam VAT Refunds

Many countries allow tourists, and others making purchases for export, to receive a VAT refund on exiting the country (or make purchases VAT free). While we don't have data on the Vietnam VAT refund program, more info can be obtained from the Ministry of Finance.


VN Value-added tax (VAT) Rates Vietnam Tax Sources & Citations

  • EN: Vietnam Value Added Tax
  • RU: НДС
  • CN: 增值税
Note: This page is intended to be a simple overview of Vietnam's consumption tax structure, is provided as-is, and is not legal advice. Please let us know if any of the Vietnam tax information on this page is incorrect or out of date.
Citations:
  1. Vietnam Ministry of Finance (http://www.mof.gov.vn)
  2. Ernst & Young global VAT tax study, Vietnam (updated 2017)

  3. ← Back to World VAT Rates
** This Document Provided By SalesTaxHandbook **
Source: http://world.salestaxhandbook.com/vn-vietnam