Vietnam makes tax incentives available under new international financial centres regime

The framework aims to connect with global financial markets and promote the effective and sustainable development of Vietnam’s financial sector.

The National Assembly on 27 June 2025, passed Resolution 222/2025/QH15, establishing the legal framework for the creation of international financial centres (IFCs) in Ho Chi Minh City and Da Nang. The framework offers the following incentives for businesses and professionals: corporate income tax (CIT): 10 percent CIT rate for up to 30 years, CIT exemption for up to four years, and 50 percent CIT reduction for up to nine subsequent years; individual (personal) income tax: exemption for c...

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Published Date: 30 September 2025