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Indonesia vs Vietnam Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Indonesia35%
Vietnam35%
Corporate Tax
Indonesia22%
Vietnam20%Lower
Capital Gains
Indonesia22%
Vietnam20%Lower
VAT / Sales Tax
Indonesia12%
Vietnam10%Lower
| Category | Indonesia | Vietnam |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 35% | 35% |
| Corporate Tax | 22% | 20% |
| Capital Gains | 22% | 20% |
| VAT / Sales Tax | 12% | 10% |
| Crypto Tax | Yes | No |
| Wealth Tax | No | No |
| Tax Treaties | 71 | 81 |
| Currency | IDR | VND |
The bottom line: Indonesia vs Vietnam
Vietnam has the lower headline rate on 3 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Indonesia runs a progressive tax system, while Vietnam uses a progressive one. On crypto, Vietnam is the more favourable — it does not tax cryptocurrency gains. Vietnam has the wider tax-treaty network (81 agreements), which can reduce withholding tax on cross-border income.
- Income tax: identical in both (35%)
- Corporate tax: Vietnam is lower (22% vs 20%)
- Capital gains tax: Vietnam is lower (22% vs 20%)
- VAT / sales tax: Vietnam is lower (12% vs 10%)