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Asia

Software and high tech startups, Vietnam

Vietnam grants 10% CIT for 15 years on qualifying high tech and software activities, one of the most aggressive preferential regimes in Asia. VinaCapital, Mekong Capital and 500 Global are actively deploying. VAT 10% and 80 double tax treaties round out the package.

10% CIT for 15 yrsVinaCapital / 500 Global80 DTAs
Start setup {placement} 4 min · no card required
Corp tax
20%
Fastest setup
10 weeks
Tax treaties
80
Region
Asia

What you'll need

  • No resident director required
  • Local registered office required
  • Economic-substance test applies
  • Minimum capital: No minimum capital
  • Administrative language: Vietnamese
  • Legal system: Civil law

Tax and treaty profile

  • Corporate tax 20%
  • Tax treaties 80
  • VAT rate 10%
  • Withholding on dividends 0%
Key treaty partners
SingaporeSouth KoreaJapanChinaUnited KingdomFrance

Banking and payments

  • Banking takes 2 to 4 weeks with KYC
  • Stripe not supported
  • Wise supported

Considerations

If you need English language operations

Vietnamese is mandatory for all filings, contracts and tax submissions. Physical office is required, with substantive local director presence often expected. Notarised translations add cost and time at every step.

Vietnamese only filingsPhysical office mandatoryNotarised translations