MC · EuropeVN · Asia
Monaco vs Vietnam: tax rates compared
Vietnam has an income tax rate of 35%, 35pp above Monaco's 0%. The 200-country average is 28%: Monaco sits below it, Vietnam sits above it. Monaco's figure is dated 2023-03-13 and Vietnam's 2026-03-09, so the two rates come from different data vintages.
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
| Tax | MC | VN | Difference |
|---|---|---|---|
| Income Tax | 0% | 35% | VN +35 pplargest gap |
| Corporate Tax | 25% | 20% | MC +5 pp |
| VAT | 20% | 10% | MC +10 pp |
| Capital Gains Tax | 0% | 0.1% | VN +0.1 pp |
| Crypto Tax | 0% | 0.1% | VN +0.1 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Vietnam | 35% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | −35 pp | Vietnam higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Vietnam | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Monaco higher |
Monaco has a corporate tax rate of 25%, 5pp above Vietnam's 20%. The 201-country average is 22.6%: Monaco sits above it, Vietnam sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Vietnam | 10% | Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09 |
| Difference | +10 pp | Monaco higher |
Monaco has a VAT rate of 20%, 10pp above Vietnam's 10%. The 181-country average is 15%: Monaco sits above it, Vietnam sits below it. Monaco's figure is dated 2023-03-07 and Vietnam's 2026-03-09, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Vietnam | 0.1% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | −0.1 pp | Vietnam higher |
Vietnam has a capital gains tax rate of 0.1%, 0.1pp above Monaco's 0%. The 175-country average is 10.3%: both sit below it. Monaco's figure is dated 2025-10-01 and Vietnam's 2026-03-09, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Vietnam | 0.1% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Vietnam · as of 2025-10-01 |
| Difference | −0.1 pp | Vietnam higher |
Vietnam has a crypto tax rate of 0.1%, 0.1pp above Monaco's 0%. The 88-country average is 13%: both sit below it. Monaco's figure is dated 2023-03-13 and Vietnam's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18 |
| Vietnam | 0% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09 |
| Difference | 0 pp | displayed rates match |
Monaco and Vietnam share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.