Corporate income tax (CIT) - statutory and targeted small business in Viet Nam
Viet Nam: Corporate income tax (CIT) - statutory and targeted small business was 20 Percentage of taxable income in 2026. ▼ Falling
Corporate income tax (CIT) - statutory and targeted small business in Viet Nam, 2000–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
In 2026, corporate income tax (cit) - statutory and targeted small business in Viet Nam stood at 20 Percentage of taxable income. That is the lowest value across all 27 years on record.
Compared with earlier readings it is down 9.1% over ten years.
Over the whole period, corporate income tax (cit) - statutory and targeted small business in Viet Nam peaked at 32.5 Percentage of taxable income in 2000 and was at its lowest, 20 Percentage of taxable income, in 2017.
The long-run direction has been consistently falling across the 27 years of available data.
Corporate income tax (CIT) - statutory and targeted small business in Viet Nam, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2000 | 32.5 Percentage of taxable income | — |
| 2001 | 32 Percentage of taxable income | -1.5% |
| 2002 | 32 Percentage of taxable income | +0.0% |
| 2003 | 32 Percentage of taxable income | +0.0% |
| 2004 | 28 Percentage of taxable income | -12.5% |
| 2005 | 28 Percentage of taxable income | +0.0% |
| 2006 | 28 Percentage of taxable income | +0.0% |
| 2007 | 28 Percentage of taxable income | +0.0% |
| 2008 | 28 Percentage of taxable income | +0.0% |
| 2009 | 25 Percentage of taxable income | -10.7% |
| 2010 | 25 Percentage of taxable income | +0.0% |
| 2011 | 25 Percentage of taxable income | +0.0% |
| 2012 | 25 Percentage of taxable income | +0.0% |
| 2013 | 25 Percentage of taxable income | +0.0% |
| 2014 | 22 Percentage of taxable income | -12.0% |
| 2015 | 22 Percentage of taxable income | +0.0% |
| 2016 | 22 Percentage of taxable income | +0.0% |
| 2017 | 20 Percentage of taxable income | -9.1% |
| 2018 | 20 Percentage of taxable income | +0.0% |
| 2019 | 20 Percentage of taxable income | +0.0% |
| 2020 | 20 Percentage of taxable income | +0.0% |
| 2021 | 20 Percentage of taxable income | +0.0% |
| 2022 | 20 Percentage of taxable income | +0.0% |
| 2023 | 20 Percentage of taxable income | +0.0% |
| 2024 | 20 Percentage of taxable income | +0.0% |
| 2025 | 20 Percentage of taxable income | +0.0% |
| 2026 | 20 Percentage of taxable income | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.35 Percentage of taxable income | 25 Percentage of taxable income | 32.5 Percentage of taxable income | 10 |
| 2010s | 22.6 Percentage of taxable income | 20 Percentage of taxable income | 25 Percentage of taxable income | 10 |
| 2020s | 20 Percentage of taxable income | 20 Percentage of taxable income | 20 Percentage of taxable income | 7 |
Countries ranked near Viet Nam
- 3 Türkiye 25 Percentage of taxable income compare
- 4 Slovenia 22 Percentage of taxable income compare
- 4 Estonia 22 Percentage of taxable income compare
- 6 Cabo Verde 20.4 Percentage of taxable income compare
- 6 Latvia 20 Percentage of taxable income compare
- 6 Brazil 34 Percentage of taxable income compare
- 7 Cameroon 33 Percentage of taxable income compare
- 7 Croatia 18 Percentage of taxable income compare
- 8 Poland 19 Percentage of taxable income compare
- 8 Moldova 12 Percentage of taxable income compare
- 8 Namibia 32 Percentage of taxable income compare
- 9 Germany 30.13 Percentage of taxable income compare
- 9 Lithuania 17 Percentage of taxable income compare
- 9 Anguilla 0 Percentage of taxable income
More economy & growth data for Viet Nam
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.99 Percent per annum (2029)
- Gross Domestic Product — Value US$ per capita, 2015 prices 4,002 USD (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices 130.03 SLC (2024)
- GDP Deflator — Value US$, 2015 prices 112.67 USD (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 122.82 SLC (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 106.42 USD (2024)
- Gross Domestic Product — Value US$ 455,329 million USD (2024)
- Gross Domestic Product — Value US$ per capita 4,509 USD (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 8.77 billion million SLC (2024)
Frequently asked questions
- What is corporate income tax (cit) - statutory and targeted small business in Viet Nam?
- Corporate income tax (cit) - statutory and targeted small business in Viet Nam was 20 Percentage of taxable income in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest corporate income tax (cit) - statutory and targeted small business recorded in Viet Nam?
- The highest recorded value was 32.5 Percentage of taxable income in 2000.
- What is the lowest corporate income tax (cit) - statutory and targeted small business recorded in Viet Nam?
- The lowest recorded value was 20 Percentage of taxable income in 2017.
- How does Viet Nam rank for corporate income tax (cit) - statutory and targeted small business?
- Viet Nam ranks 6th out of 9 countries with data for 2026.
- Is corporate income tax (cit) - statutory and targeted small business rising or falling in Viet Nam?
- Over the last ten years it is down 9.1%. The long-run trend across the full record is falling.
- Where does this Viet Nam data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
Statutory and targeted, sub-central and combined corporate income tax (CIT) rates. Targeted rates of 'small incorporated business' are on the basis of size alone (e.g. number of employees, amount of assets, turnover or taxable income) and not on the basis of expenditures or other targeting criteria. Targeted rates data are only available for OECD member countries.