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Grenada vs Vietnam: tax rates compared

Vietnam's income tax rate is 5pp higher than Grenada's (35% vs 30%). The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income30%35%Corporate20%28%VAT10%15%Capital Gains0%0.1%Crypto0%0.1%
five shared taxes, side by side
Tax GD VNDifference
Income Tax30%35%VN +5 pp
Corporate Tax28%20%GD +8 pplargest gap
VAT15%10%GD +5 pp
Capital Gains Tax0%0.1%VN +0.1 pp
Crypto Tax0%0.1%VN +0.1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Vietnam35%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−5 ppVietnam higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%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+8 ppGrenada higher

Grenada's corporate tax rate is 8pp higher than Vietnam's (28% vs 20%). The 201-country average is 22.6%: Grenada sits above it, Vietnam sits below it.

VAT

VAT, side by side
CountryRateSource
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Vietnam10%Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09
Difference+5 ppGrenada higher

Grenada's VAT rate is 5pp higher than Vietnam's (15% vs 10%). The 181-country average is 15%: Grenada matches the world average, Vietnam sits below it. Grenada's figure is dated 2010-02-01 and Vietnam's 2026-03-09, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Vietnam0.1%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−0.1 ppVietnam higher

Vietnam's capital gains tax rate is 0.1pp higher than Grenada's (0.1% vs 0%). The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Vietnam0.1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Vietnam · as of 2025-10-01
Difference−0.1 ppVietnam higher

Vietnam's crypto tax rate is 0.1pp higher than Grenada's (0.1% vs 0%). The 88-country average is 13%: both sit below it. Grenada's figure is dated 2026-07-19 and Vietnam's 2025-10-01, so the two rates come from different data vintages.

Not covered for both countries yet: Wealth Tax.