Vietnam has signed the Multilateral Convention to Implement DTA-Related Measures to Prevent Base Erosion and Profit Shifting. As a result, Viet Nam’s DTAs may be subject to some amendments.
A summary of withholding tax rates is presented below:
No | Recipient | Interest (%) | Royalties (%) | Notes | |||||||
1 | Algeria | 15 | 15 | 1, 2 | |||||||
2 | Australia | 10 | 10 | – | |||||||
3 | Austria | 10 | 7,5/10 | 2 | |||||||
4 | Azerbaijan | 10 | 10 | 2 | |||||||
5 | Bangladesh | 15 | 15 | 2 | |||||||
6 | Belarus | 10 | 15 | 2 | |||||||
7 | Belgium | 10 | 5/10/15 | 2 | |||||||
8 | Brunei Darussalam | 10 | 10 | 2 | |||||||
9 | Bulgaria | 10 | 15 | 2 | |||||||
10 | Cambodia | 10 | 10 | 2 | |||||||
11 | Canada | 10 | 7,5/10 | 2 | |||||||
12 | China | 10 | 10 | 2 | |||||||
13 | Croatia | 10 | 10 | – | |||||||
14 | Cuba | 10 | 10 | – | |||||||
15 | Czech Republic | 10 | 10 | 2 | |||||||
16 | Denmark | 10 | 5/15 | 2 | |||||||
17 | Egypt | 15 | 15 | 1 | |||||||
18 | Estonia | 10 | 7,5/10 | – | |||||||
19 | Finland | 10 | 10 | 2 | |||||||
20 | France | Nil | 10 | – | |||||||
21 | Germany | 10 | 7,5/10 | 2 | |||||||
22 | Hong Kong | 10 | 7/10 | 2 | |||||||
23 | Hungary | 10 | 10 | – | |||||||
24 | Iceland | 10 | 10 | 2 | |||||||
25 | India | 10 | 10 | 2 | |||||||
26 | Indonesia | 15 | 15 | 2 | |||||||
27 | Iran | 10 | 10 | 2 | |||||||
28 | Ireland | 10 | 5/10/15 | 2 | |||||||
29 | Israel | 10 | 5/7,5/15 | 2 | |||||||
30 | Italy | 10 | 7,5/10 | 2 | |||||||
31 | Japan | 10 | 10 | 2 | |||||||
32 | Kazakhstan | 10 | 10 | 2 | |||||||
33 | Korea (South) | 10 | 5/15 | 2 | |||||||
34 | Korea (North) | 10 | 10 | 2 | |||||||
35 | Kuwait | 15 | 20 | 2 | |||||||
36 | Laos | 10 | 10 | – | |||||||
37 | Latvia | 10 | 7,5/10 | 2 | |||||||
38 | Luxembourg | 10 | 10 | – | |||||||
39 | Macau | 10 | 10 | 2 | |||||||
40 | Macedonia | 10 | 10 | 1 | |||||||
41 | Malaysia | 10 | 10 | 2 | |||||||
42 | Malta | 10 | 5/10/15 | 2 | |||||||
43 | Mongolia | 10 | 10 | 2 | |||||||
44 | Morocco | 10 | 10 | 2 | |||||||
45 | Mozambique | 10 | 10 | – | |||||||
46 | Myanmar | 10 | 10 | 2 | |||||||
47 | Netherlands | 10 | 5/10/15 | 2 | |||||||
48 | New Zealand | 10 | 10 | – | |||||||
49 | Norway | 10 | 10 | 2 | |||||||
50 | Oman | 10 | 10 | 2 | |||||||
51 | Pakistan | 15 | 15 | 2 | |||||||
52 | Palestine | 10 | 10 | – | |||||||
53 | Panama | 10 | 10 | – | |||||||
54 | Portugal | 10 | 7,5/10 | 2 | |||||||
55 | Philippines | 15 | 15 | 2 | |||||||
56 | Poland | 10 | 10/15 | – | |||||||
57 | Qatar | 10 | 5/10 | 2 | |||||||
58 | Romania | 10 | 15 | 2 | |||||||
59 | Russia | 10 | 15 | – | |||||||
60 | San Marino | 10/15 | 10/15 | – | |||||||
61 | Saudi Arabia | 10 | 7,5/10 | 2 | |||||||
62 | Serbia | 10 | 10 | 2 | |||||||
63 | Seychelles | 10 | 10 | – | |||||||
64 | Singapore | 10 | 5/10 | 2 | |||||||
65 | Slovakia | 10 | 5/10/15 | 2 | |||||||
66 | Spain | 10 | 10 | 2 | |||||||
67 | Sri Lanka | 10 | 15 | 2 | |||||||
68 | Sweden | 10 | 5/15 | 2 | |||||||
69 | Switzerland | 10 | 10 | – | |||||||
70 | Taiwan | 10 | 15 | – | |||||||
71 | Thailand | 10/15 | 15 | 2 | |||||||
72 | Tunisia | 10 | 10 | 2 | |||||||
73 | Turkey | 10 | 10 | 2 | |||||||
74 | UAE | 10 | 10 | 2 | |||||||
75 | Ukraine | 10 | 10 | 2 | |||||||
76 | United Kingdom | 10 | 10 | 2 | |||||||
77 | United States | 10 | 5/10 | 1, 2 | |||||||
78 | Uruguay | 10 | 10 | – | |||||||
79 | Uzbekistan | 10 | 15 | 2 | |||||||
80 | Venezuela | 10 | 10 | 2 | |||||||
Sources: General Department of Taxation
Notes:
In most cases, the limits set by the DTA are higher than the present withholding rates under domestic law; therefore, the domestic rates will apply.
Should you have any questions regarding the Double Taxation Avoidance Agreements, please do not hesitate to reach out to TPM through our website or contact us directly via our hotline at (+84) 28 3505 1800 for prompt assistance.
– Quyen Nguyen –
TPM is proud to be an agency that provides full and excellent services in accounting, tax, HR & advisory services in Vietnam in nowadays business finance market.
TPM TAX AGENCY & CONSULTING CORPORATION
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