New Vietnamese Capital Gains Tax rules – An update
15 July, 2025
As covered in our Newsbrief last month, the new Corporate Income Tax Law, effective from 1 October, imposes a flat rate of tax on proceeds from the sale of certain Vietnamese companies by foreign corporate sellers. However, the law itself does not specify the applicable rate, so we are awaiting its implementing decree.
The Ministry of Finance has just released a draft of this decree, which sets out the proposed flat rates applicable to foreign corporates.
