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1.1 Main Taxes
Every business, organization, individual, and foreign investor who carries out business in Vietnam or
derives income in Vietnam are subject to taxation. As such, they need to understand their liabilities
and whether they are eligible for any relief or exemption.
This guide introduces the main taxes applicable to foreign investors in Vietnam, based on the most
up to date taxation regulations at the time of writing. Currently, most companies and foreign investors
in Vietnam are subject to the following five major taxes:
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Corporate Income Tax
Value-added Tax
Business License Tax
Special Consumption Tax
Personal Income Tax (discussed later in this guide)
All these taxes are imposed at the national level. There are no local, state or provincial taxes. We
discuss each of these taxes in detail below.
10 - Tax, Accounting, and Audit in Vietnam 2014-2015
Every business,
organization,
individual, and
foreign investor who
carries on business
in Vietnam or derives
income in Vietnam
are subject to
taxation.
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