Vietnam vs Bahamas
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇻🇳 Vietnam — 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%–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.
🇧🇸 Bahamas — Local Government Rates & Fees
The Bahamas' islands have local government bodies collecting fees for services, building permits, and business licences. The Bahamas famously has no income tax, no capital gains tax, no corporate income tax, and no withholding tax — making it one of the world's purest zero-tax jurisdictions. Revenue comes through VAT (introduced 2015), real property tax, customs duties, and stamp duty. As a major offshore financial centre and tourism destination, the Bahamas has faced OECD/FATF pressure on transparency and has made significant reforms.
Vietnam vs Bahamas: Key Tax Differences (2026)
💰 Income Tax: 🇻🇳 Vietnam has a higher top income tax rate (5–35% vs 0%). 🇧🇸 Bahamas is more favourable for high earners.
🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (0–10% vs 10%).
🏢 Corporate Tax: 🇧🇸 Bahamas offers a lower corporate rate (0% vs 20%), which can influence business location decisions.
📈 Capital Gains: 🇧🇸 Bahamas taxes investment gains at a lower rate (0% vs 20%), benefiting investors.