WorldTax CompareAll Comparisons

Vietnam vs Belize
Tax Rate Comparison

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

🇻🇳 Vietnam
vs
🇧🇿 Belize
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
5–35%
Tax reform discussions; personal deduction amounts updating
No change
0–25%
25% top; fiscal diversification from oil
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
0–10%
10% standard rate restored; no further reduction
No change
12.5%
GST 12.5% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
20%
20% standard; Pillar Two implementation for qualifying MNCs
No change
1.75–19%
Business tax system; Pillar Two reform discussions
No change

Capital Gains Tax

Capital Gains Tax
0.1–20%
0.1% securities, 2% property; no change
No change
0%
No CGT
No change

Social Security & Payroll

Social Security / Payroll
~32%
Social insurance law revision expanding coverage
No change
~8%
SSB reform; social protection expanding
No change
State, Regional & Local Taxes

🇻🇳 VietnamProvincial & 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.

🇧🇿 BelizeMunicipal & Town Council Taxes

Belize's 6 districts and municipal/town councils levy property tax, business tax (turnover-based), and trade licences. Belize has a unique business tax system — a turnover-based tax (1.75%–19% of gross revenues by sector) instead of a traditional profit-based corporate income tax. Belize is a former British colony using English common law. It's a tourism-dependent economy with growing offshore financial services and a significant Belizean diaspora. The country has been working to exit grey lists and improve tax transparency.

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

Vietnam vs Belize: Key Tax Differences (2026)

💰 Income Tax: 🇻🇳 Vietnam has a higher top income tax rate (5–35% vs 0–25%). 🇧🇿 Belize is more favourable for high earners.

🛒 VAT/Sales Tax: Belize has a higher consumption tax (0–10% vs 12.5%).

🏢 Corporate Tax: 🇧🇿 Belize offers a lower corporate rate (19% vs 20%), which can influence business location decisions.

📈 Capital Gains: 🇧🇿 Belize taxes investment gains at a lower rate (0% vs 20%), benefiting investors.

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All 🇻🇳 Vietnam comparisons →All 🇧🇿 Belize comparisons →