In Vietnam personal income tax rates levied on income from business, salaries/wages are applied according to a progressive tax rate schedule. This progressive rate is up to 35%.

Vietnamese residents are taxed on their world-wide income, non-residents are taxed only on Vietnamese sourced income. Residence is determined on days spent in Vietnam per year and according to if you lease or maintain a residence in Vietnam.

If you’d like to discuss net retentions further for Vietnam provide us with information on your specific situation and with our vetted Contractor Management partners we will ensure that you net the highest % possible of your gross income whilst ensuring that you are compliant with all Vietnam regulations and those of your home country.