WorldTax Compareโ† All Comparisons

Nigeria vs Vietnam
Tax Rate Comparison

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

๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria
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
7โ€“24%
Tax reform bill (2024) restructuring rates; implementation phased
No change
5โ€“35%
Tax reform discussions; personal deduction amounts updating
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
7.5%
7.5% maintained; reform bill proposes higher rate
No change
0โ€“10%
10% standard rate restored; no further reduction
No change
Corporate Tax Rate
Corporate Tax Rate
25%
Reform bill reducing to 25% for large companies
โ–ผ -5.0pp vs 2025
20%
20% standard; Pillar Two implementation for qualifying MNCs
No change
Capital Gains Tax
Capital Gains Tax
10%
10% stable
No change
0.1โ€“20%
0.1% securities, 2% property; no change
No change
Social Security & Payroll
Social Security / Payroll
18%
18% total maintained; pension fund growing
No change
~32%
Social insurance law revision expanding coverage
No change
State, Regional & Local Taxes

๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria โ€” State & Local Government Taxes

Nigeria's 36 states and FCT each have their own Personal Income Tax Law (PITL), though rates follow a national schedule. States levy property rates, land use charges, and business premises levies. The 774 local government areas (LGAs) levy tenement rates and market fees. Only federal employees and residents in the FCT pay federal income tax to FIRS; all others pay to state tax authorities. VAT revenue is shared: 15% FIRS, 50% states, 35% LGAs.

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.

Nigeria vs Vietnam: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ป๐Ÿ‡ณ Vietnam has a higher top income tax rate (7โ€“24% vs 5โ€“35%). ๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Vietnam has a higher consumption tax (7.5% vs 0โ€“10%).

๐Ÿข Corporate Tax: ๐Ÿ‡ป๐Ÿ‡ณ Vietnam offers a lower corporate rate (20% vs 25%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria taxes investment gains at a lower rate (10% vs 20%), benefiting investors.

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