Tax Deductions for Foreigners in Vietnam
Comprehensive guide to available tax deductions and exemptions
Available Tax Deductions
Personal Deductions
- Monthly personal allowance: VND 11 million
- Applies regardless of monthly income status throughout the year
- Available to all eligible taxpayers
Dependent Deductions
- VND 4.4 million per dependent per month
- Subject to registration and approval
- Requires proper documentation for each dependent
Insurance Contributions
Compulsory Insurance Rates
Insurance Type | Rate | Cap (VND) |
---|---|---|
Social Insurance | 8% | 46,800,000 |
Health Insurance | 1.5% | 46,800,000 |
Tax-Free Benefits
Exempt Income Types
- One-off relocation allowances
- Round-trip airfares paid by employers
- Benefits specified in labor contracts
- Certain employer-provided allowances
📋 Important: Benefits must be properly documented in labor contracts or company policies to qualify for tax exemption
Double Taxation Agreements (DTAs)
Key Benefits
- Prevention of double taxation on the same income
- Tax credits for taxes paid abroad
- Applies to foreign-sourced income
🌐 Note: Check your home country's DTA status with Vietnam for available benefits
Need Assistance?
Contact our tax experts for professional guidance on maximizing your deductions
Email: contact@taxfinalizevn.com
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