hinh anh 3

Countries signing double taxation avoidance agreements with Vietnam

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:

  1. Not in force yet
  2. Interest derived by certain government bodies is exempt from withholding tax.

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 –

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