GG · EuropeVN · Asia

Guernsey vs Vietnam: tax rates compared

Vietnam has an income tax rate of 35%, 15pp above Guernsey's 20%. The 200-country average is 28%: Guernsey sits below it, Vietnam sits above it. Guernsey's figure is dated 2025-12-17 and Vietnam's 2026-03-09, so the two rates come from different data vintages.

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

0102030405060Income20%35%Corporate0%20%VAT0%10%Capital Gains0%0.1%Wealth Tax0%
five shared taxes, side by side
Tax GG VNDifference
Income Tax20%35%VN +15 pp
Corporate Tax0%20%VN +20 pplargest gap
VAT0%10%VN +10 pp
Capital Gains Tax0%0.1%VN +0.1 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guernsey20%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17
Vietnam35%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−15 ppVietnam higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guernsey0%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

Vietnam has a corporate tax rate of 20%, 20pp above Guernsey's 0%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Vietnam10%Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09
Difference−10 ppVietnam higher

Vietnam has a VAT rate of 10%, 10pp above Guernsey's 0%. The 181-country average is 15%: both sit below it. Guernsey's figure is dated 2025-12-17 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
Guernsey0%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17
Vietnam0.1%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−0.1 ppVietnam higher

Vietnam has a capital gains tax rate of 0.1%, 0.1pp above Guernsey's 0%. The 175-country average is 10.3%: both sit below it. Guernsey's figure is dated 2025-12-17 and Vietnam's 2026-03-09, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Vietnam0%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09
Difference0 ppdisplayed rates match

Guernsey and Vietnam share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Guernsey's figure is dated 2025-12-17 and Vietnam's 2026-03-09, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.