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São Tomé and Príncipe vs Vietnam: tax rates compared

Between the two, Vietnam's income tax rate (35%) tops São Tomé and Príncipe's (25%) by 10pp. The 200-country average is 28%: São Tomé and Príncipe sits below it, Vietnam sits above it. São Tomé and Príncipe's figure is dated 2009-10-08 and Vietnam's 2026-03-09, so the two rates come from different data vintages.

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

At a glance

0102030405060Income25%35%Corporate20%25%VAT10%15%Capital Gains0.1%15%
four shared taxes, side by side
Tax ST VNDifference
Income Tax25%35%VN +10 pp
Corporate Tax25%20%ST +5 pp
VAT15%10%ST +5 pp
Capital Gains Tax15%0.1%ST +14.9 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
São Tomé and Príncipe25%Source: Diário da República (official gazette), São Tomé e Príncipe — Lei n.º 11/2009, Código do Imposto sobre o Rendimento das Pessoas Singulares (IRS), Art. 66 · as of 2009-10-08
Vietnam35%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−10 ppVietnam higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
São Tomé and Príncipe25%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+5 ppSão Tomé and Príncipe higher

Between the two, São Tomé and Príncipe's corporate tax rate (25%) tops Vietnam's (20%) by 5pp. The 201-country average is 22.6%: São Tomé and Príncipe sits above it, Vietnam sits below it.

VAT

VAT, side by side
CountryRateSource
São Tomé and Príncipe15%Source: Ministério do Planeamento, Finanças e Economia Azul (São Tomé e Príncipe) — Manual do IVA 2023 · as of 2023-06-01
Vietnam10%Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09
Difference+5 ppSão Tomé and Príncipe higher

Between the two, São Tomé and Príncipe's VAT rate (15%) tops Vietnam's (10%) by 5pp. The 181-country average is 15%: São Tomé and Príncipe matches the world average, Vietnam sits below it. São Tomé and Príncipe's figure is dated 2023-06-01 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
São Tomé and Príncipe15%Source: Diário da República (official gazette), São Tomé e Príncipe — Lei n.º 11/2009, Código do Imposto sobre o Rendimento das Pessoas Singulares (IRS), Articles 27, 69 and 70 · as of 2009-10-08
Vietnam0.1%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference+14.9 ppSão Tomé and Príncipe higher

Between the two, São Tomé and Príncipe's capital gains tax rate (15%) tops Vietnam's (0.1%) by 14.9pp. The 175-country average is 10.3%: São Tomé and Príncipe sits above it, Vietnam sits below it. São Tomé and Príncipe's figure is dated 2009-10-08 and Vietnam's 2026-03-09, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax, Wealth Tax.