WorldTax Compareโ† All Comparisons

Monaco vs Vietnam
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ฒ๐Ÿ‡จ Monaco
vs
๐Ÿ‡ป๐Ÿ‡ณ Vietnam
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0%
No personal income tax maintained
No change
5โ€“35%
Tax reform discussions; personal deduction amounts updating
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
20%
French VAT: 20% standard
No change
0โ€“10%
10% standard rate restored; no further reduction
No change
Corporate Tax Rate
Corporate Tax Rate
33.33%
33.33% qualifying profits; Pillar Two top-up for MNCs
No change
20%
20% standard; Pillar Two implementation for qualifying MNCs
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT for residents
No change
0.1โ€“20%
0.1% securities, 2% property; no change
No change
Social Security & Payroll
Social Security / Payroll
~30%
Social contributions stable; high living standards
No change
~32%
Social insurance law revision expanding coverage
No change
State, Regional & Local Taxes

๐Ÿ‡ฒ๐Ÿ‡จ Monaco โ€” No Sub-National Tax Variation

Monaco is a city-state with no sub-national taxation. Monaco has no personal income tax for residents (with limited exception for French nationals under a bilateral treaty). Corporate tax at 33.33% applies only to companies deriving more than 25% of revenue from outside Monaco. This principality between France and Italy is the world's most famous tax haven โ€” with the world's highest per-capita millionaires. VAT is aligned with the French system.

๐Ÿ‡ป๐Ÿ‡ณ Vietnam โ€” Provincial & Local Taxes

Vietnam's 63 provinces and municipalities have limited independent taxing powers. The General Department of Taxation (GDT) administers national taxes through provincial tax departments. Provinces may levy natural resource taxes (NRT) on extractive industries at 1%โ€“40% of resource value, and certain fees. Land use fees and land lease fees vary by province based on Land Prices Tables set annually by provincial People's Committees. Ho Chi Minh City and Hanoi have the highest land prices.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Monaco vs Vietnam: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ป๐Ÿ‡ณ Vietnam has a higher top income tax rate (0% vs 5โ€“35%). ๐Ÿ‡ฒ๐Ÿ‡จ Monaco is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Monaco has a higher consumption tax (20% vs 0โ€“10%).

๐Ÿข Corporate Tax: ๐Ÿ‡ป๐Ÿ‡ณ Vietnam offers a lower corporate rate (20% vs 33.33%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ฒ๐Ÿ‡จ Monaco taxes investment gains at a lower rate (0% vs 20%), benefiting investors.

Related Comparisons

๐Ÿ‡ฉ๐Ÿ‡ช Germany vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡ฒ๐Ÿ‡พ Malaysia vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡ต๐Ÿ‡ญ Philippines vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡ธ๐Ÿ‡ฌ Singapore vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡บ๐Ÿ‡ธ United States vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡จ๐Ÿ‡ณ China vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡ฏ๐Ÿ‡ต Japan vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison