SL · AfricaVN · Asia

Sierra Leone vs Vietnam: tax rates compared

Vietnam's income tax rate is 5pp higher than Sierra Leone's (35% vs 30%). The 200-country average is 28%: both sit above it. Sierra Leone's figure is dated 2021-01-01 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

0102030405060Income30%35%Corporate20%25%VAT10%15%Capital Gains0.1%25%Wealth Tax0%
five shared taxes, side by side
Tax SL VNDifference
Income Tax30%35%VN +5 pp
Corporate Tax25%20%SL +5 pp
VAT15%10%SL +5 pp
Capital Gains Tax25%0.1%SL +24.9 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Sierra Leone30%Source: Sierra Leone National Revenue Authority — 2022 NRA Tax Guide · as of 2021-01-01
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
Sierra Leone25%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 ppSierra Leone higher

Sierra Leone's corporate tax rate is 5pp higher than Vietnam's (25% vs 20%). The 201-country average is 22.6%: Sierra Leone sits above it, Vietnam sits below it.

VAT

VAT, side by side
CountryRateSource
Sierra Leone15%Source: National Revenue Authority (Sierra Leone) — A Guide to the GST Legislation · as of 2009-03-01
Vietnam10%Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09
Difference+5 ppSierra Leone higher

Sierra Leone's VAT rate is 5pp higher than Vietnam's (15% vs 10%). The 181-country average is 15%: Sierra Leone matches the world average, Vietnam sits below it. Sierra Leone's figure is dated 2009-03-01 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
Sierra Leone25%Source: National Revenue Authority, Sierra Leone — Finance Act 2021 (Section 13, amending Income Tax Act 2000 Section 57(1)) · as of 2021-01-01
Vietnam0.1%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference+24.9 ppSierra Leone higher

Sierra Leone's capital gains tax rate is 24.9pp higher than Vietnam's (25% vs 0.1%). The 175-country average is 10.3%: Sierra Leone sits above it, Vietnam sits below it. Sierra Leone's figure is dated 2021-01-01 and Vietnam's 2026-03-09, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Sierra Leone0%Source: Sierra Leone National Revenue Authority — Tax Laws & Regulations (official index) · as of 2026-07-18
Vietnam0%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09
Difference0 ppdisplayed rates match

Sierra Leone's wealth tax rate is identical to Vietnam's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.