KY · AmericasVN · Asia

Cayman Islands vs Vietnam: tax rates compared

Between the two, Vietnam's income tax rate (35%) tops Cayman Islands's (0%) by 35pp. The 200-country average is 28%: Cayman Islands sits below it, Vietnam sits above it.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income0%35%Corporate0%20%VAT0%10%Capital Gains0%0.1%Crypto0%0.1%Wealth Tax0%
six shared taxes, side by side
Tax KY VNDifference
Income Tax0%35%VN +35 pplargest gap
Corporate Tax0%20%VN +20 pp
VAT0%10%VN +10 pp
Capital Gains Tax0%0.1%VN +0.1 pp
Crypto Tax0%0.1%VN +0.1 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Cayman Islands0%Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Taxes on personal income) · as of 2026-05-29
Vietnam35%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−35 ppVietnam higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cayman Islands0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Vietnam20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−20 ppVietnam higher

Between the two, Vietnam's corporate tax rate (20%) tops Cayman Islands's (0%) by 20pp. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Cayman Islands0%Source: PWC Worldwide Tax Summaries — Cayman Islands (Corporate, Other taxes) · as of 2026-05-29
Vietnam10%Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09
Difference−10 ppVietnam higher

Between the two, Vietnam's VAT rate (10%) tops Cayman Islands's (0%) by 10pp. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Cayman Islands0%Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Taxes on personal income) · as of 2026-05-29
Vietnam0.1%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−0.1 ppVietnam higher

Between the two, Vietnam's capital gains tax rate (0.1%) tops Cayman Islands's (0%) by 0.1pp. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Cayman Islands0%Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Taxes on personal income) · as of 2026-05-29
Vietnam0.1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Vietnam · as of 2025-10-01
Difference−0.1 ppVietnam higher

Between the two, Vietnam's crypto tax rate (0.1%) tops Cayman Islands's (0%) by 0.1pp. The 88-country average is 13%: both sit below it. Cayman Islands's figure is dated 2026-05-29 and Vietnam's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Cayman Islands0%Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Other taxes) · as of 2026-05-29
Vietnam0%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09
Difference0 ppdisplayed rates match

There's no gap here — Cayman Islands and Vietnam both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.