WorldTax CompareAll Comparisons

Vietnam vs Nigeria
Tax Rate Comparison

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

🇻🇳 Vietnam
vs
🇳🇬 Nigeria
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
7–24%
Tax reform bill (2024) restructuring rates; implementation phased
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
0–10%
10% standard rate restored; no further reduction
No change
7.5%
7.5% maintained; reform bill proposes higher rate
No change

Corporate Tax Rate

Corporate Tax Rate
20%
20% standard; Pillar Two implementation for qualifying MNCs
No change
25%
Reform bill reducing to 25% for large companies
-5.0pp vs 2025

Capital Gains Tax

Capital Gains Tax
0.1–20%
0.1% securities, 2% property; no change
No change
10%
10% stable
No change

Social Security & Payroll

Social Security / Payroll
~32%
Social insurance law revision expanding coverage
No change
18%
18% total maintained; pension fund growing
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.

🇳🇬 NigeriaState & 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.

⚠️ 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 Nigeria: Key Tax Differences (2026)

💰 Income Tax: 🇻🇳 Vietnam has a higher top income tax rate (5–35% vs 7–24%). 🇳🇬 Nigeria is more favourable for high earners.

🛒 VAT/Sales Tax: Vietnam has a higher consumption tax (0–10% vs 7.5%).

🏢 Corporate Tax: 🇻🇳 Vietnam offers a lower corporate rate (20% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇳🇬 Nigeria taxes investment gains at a lower rate (10% vs 20%), benefiting investors.

Related Comparisons

🇻🇳 Vietnam vs 🇩🇪 GermanyTax comparison🇻🇳 Vietnam vs 🇮🇩 IndonesiaTax comparison🇻🇳 Vietnam vs 🇲🇾 MalaysiaTax comparison🇻🇳 Vietnam vs 🇵🇭 PhilippinesTax comparison🇻🇳 Vietnam vs 🇸🇬 SingaporeTax comparison🇻🇳 Vietnam vs 🇹🇭 ThailandTax comparison🇻🇳 Vietnam vs 🇬🇧 United KingdomTax comparison🇻🇳 Vietnam vs 🇺🇸 United StatesTax comparison🇻🇳 Vietnam vs 🇨🇳 ChinaTax comparison🇻🇳 Vietnam vs 🇭🇰 Hong KongTax comparison🇻🇳 Vietnam vs 🇯🇵 JapanTax comparison🇻🇳 Vietnam vs 🇲🇳 MongoliaTax comparison
All 🇻🇳 Vietnam comparisons →All 🇳🇬 Nigeria comparisons →