vs
Vietnam vs Luxembourg Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Vietnam35%Lower
Luxembourg42%
Corporate Tax
Vietnam20%Lower
Luxembourg23.9%
Capital Gains
Vietnam20%Lower
Luxembourg21%
VAT / Sales Tax
Vietnam10%Lower
Luxembourg17%
| Category | Vietnam | Luxembourg |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 35% | 42% |
| Corporate Tax | 20% | 23.9% |
| Capital Gains | 20% | 21% |
| VAT / Sales Tax | 10% | 17% |
| Crypto Tax | No | Yes |
| Wealth Tax | No | No |
| Tax Treaties | 81 | 85 |
| Currency | VND | EUR |
The bottom line: Vietnam vs Luxembourg
Vietnam has the lower headline rate on 4 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Vietnam runs a progressive tax system, while Luxembourg uses a progressive one. On crypto, Vietnam is the more favourable — it does not tax cryptocurrency gains. Luxembourg has the wider tax-treaty network (85 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Vietnam is lower (35% vs 42%)
- Corporate tax: Vietnam is lower (20% vs 23.9%)
- Capital gains tax: Vietnam is lower (20% vs 21%)
- VAT / sales tax: Vietnam is lower (10% vs 17%)