PY · AmericasVN · Asia

Paraguay vs Vietnam: tax rates compared

Vietnam has an income tax rate of 35%, 25pp above Paraguay's 10%. The 200-country average is 28%: Paraguay sits below it, Vietnam sits 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

0102030405060Income10%35%Corporate10%20%VAT10%Capital Gains0.1%8%Wealth Tax0%
five shared taxes, side by side
Tax PY VNDifference
Income Tax10%35%VN +25 pplargest gap
Corporate Tax10%20%VN +10 pp
VAT10%10%match
Capital Gains Tax8%0.1%PY +7.9 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
Vietnam35%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−25 ppVietnam higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Paraguay10%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−10 ppVietnam higher

Vietnam has a corporate tax rate of 20%, 10pp above Paraguay's 10%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07
Vietnam10%Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09
Difference0 ppdisplayed rates match

Paraguay and Vietnam share the same VAT rate: 10%. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Paraguay8%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
Vietnam0.1%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference+7.9 ppParaguay higher

Paraguay has a capital gains tax rate of 8%, 7.9pp above Vietnam's 0.1%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Paraguay0%Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07
Vietnam0%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09
Difference0 ppdisplayed rates match

Paraguay and Vietnam share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.