CIT and PIT Incentives for International Financial Centers in Vietnam
The Government has officially issued Decree No. 324/2025/ND-CP, detailing unprecedented tax incentives for members, investors, and high-level personnel operating within Vietnam’s International Financial Center (IFC).
Key Corporate Income Tax (CIT) Incentives
For new investment projects within the IFC, the following rates apply:
- Priority Sectors: A preferential tax rate of 10% for 30 years. This includes up to 4 years of tax exemption and a 50% reduction for the subsequent 9 years.
- Other Sectors: A tax rate of 15% for 15 years, with up to 2 years of exemption and a 50% reduction for the next 4 years.
- Flexibility: Enterprises can choose the most favorable tax incentive scheme if they qualify for multiple programs under current laws.
Personal Income Tax (PIT) Exemptions (Until 2030)
To attract global talent, the Decree offers significant PIT relief:
- Employment Income: Managers, experts, and scientists working at the IFC are 100% exempt from PIT on salaries and wages until the end of 2030.
- Capital Investment: PIT exemption is granted for income from transferring shares or capital contributions in IFC members (excluding public securities and real estate-linked transfers).
Eligibility for Experts
To qualify, individuals must hold a university degree or international professional certificate, possess at least 5 years of experience, or have held management positions at reputable global financial institutions.
Administrative Priority
Entities within the IFC will benefit from priority tax administration procedures, streamlining registration, declaration, and tax finalization.
