Read this short tax guide on buying, selling, holding, and operating in Vietnam. Colliers 2013

1. VIETNAMINVESTMENT GUIDE
TAXES
TAXES ON PURCHASING
REAL ESTATE
TAXES ON HOLDING
REAL ESTATE
PAYABLE BY VENDOR PAYABLE BY OWNER:
ENTITIES, HOUSEHOLDS AND
INDIVIDUALS WHO HAVE LAND
USE RIGHTS OR ARE USING
THE LAND
> CORPORATE
INCOME TAX
Based on income
25% (22% IN 2014, 20% IN 2016)
20% for SMEs: annual gross rev-
enue less than VND20 billion and
less than 200 full-time employees
CHARGEABLE ON:
Transfer of immovable properties
> VAT
Based on transaction value
10% CHARGEABLE ON:
Real estate businesses
EXEMPTION:
The transfer of land use rights is
exempt from VAT
> NON-AGRICULTURAL
LAND USE TAX
(“NALU TAX”)
0.03% Based on land areas that
are within the land use limit
0.07% Based on land areas that
are beyond the land use limits, but
not over three times the limit
0.15% Based on land areas that
exceeds three times the land use
limits or is not used in compliance
with the specified use
CHARGEABLE ON:
Land / land use right
PAYABLE BY PURCHASER
PAYABLE BY OWNER
> REGISTRATION FEE
Based on transfer value
0.5% UP TO VND500M
(US$24,800)
CHARGEABLE ON:
Land use rights and the property
atached to the land
> NOTARY FEES
Based on value of the land use
rights or the property attached
to land, or the value of various
transactions
VND50,000 TO VND10M
(US$2.4 TO US$480)
CHARGEABLE ON:
Land and propertiesPAYABLE BY OWNER
> NOTARY FEES
Based on value of the land use
rights or the property attached
to land, or the value of various
transactions
VND50,000 TO VND10M
(US$2.4 TO US$480)
CHARGEABLE ON:
Land and properties
> CORPORATE TAX RATE
25% (22% IN 2014, 20% IN 2016)
INVESTMENT SERVICES
In Vietnam’s dynamic market, you
need access to leading market in-
sight and quality advice to achieve
a competitive advantage.
As you build or diversify your port-
folio in the region, we can partner
with you to capture cross-border
opportunities and offer exposure
and linkage to desired markets.
Backed by an outstanding track
record, wealth of knowledge and
strong regional presence, our team
is able to deliver comprehensive
solutions.
We offer a full spectrum of valua-
tion and appraisal, debt placement,
property assessment and manage-
ment, and project management
services to increase your asset’s
value.
INVESTMENT OPPORTUNITIES
>CANTAVILPREMIER district 2
A brand new retail podium built by Daewon, a
reputable International Developer, the podium
is comprised of 7 levels and 1 basement of
retail space with a total GFA of 24,729 sqm.
Constructed upon the podium are 200 quality
residential apartments, of which 92% have
been sold.
This exceptional opportunity is already 100%
leased by high profile tenants such as Park-
son, and Lotte Cinema.
>A&BTOWER district 1
This beautiful mixed-use commercial tower
rises 25 floors above the September 23rd
Park, The New World Hotel, Vietnam’s first
and only Starbucks, and the coty’s famous
BenThanh Market only two blocks away.
At 19,000 sqm NFA, the A&B has 94% occu-
pancy, and one complete floor was converted
to office space is early 2013 due to high
demand.
PETER DINNING
General Director
Ho Chi Minh City, Vietnam
peter.dinning@colliers.com
KYNAM DOAN
Investment Manager
Ho Chi Minh City, Vietnam
kynam.doan@colliers.com
For more information,
please visit our website at
www.colliers.com/en-gb/vietnam
Note: Information contained in this publication serves as a general guide only.
You should contact your professional tax advisor for detailed tax advice.
Colliers Investment Services: Real Estate Investment Tax Guide | Vietnam | 2013
Accelerating Success
Colliers International

2. www.colliers.com
Colliers International
Investment Services
Colliers International is a world leader
in connecting capital with real estate
investment opportunities. We provide
breadth and depth of services to both
international and local investors, de-
velopers, and landowners.
Colliers Vietnam is committed to help-
ing our clients make informed deci-
sions - whether it's through investing,
divesting, or holding - to increase the
value of their porfolios and achieve
target liquidity, risk, and returns.
We manage a portfolio of opportuni-
ties that offer strong returns along a
spectrum of well-understood levels of
risk. This portfolio includes bare land,
distressed developments, and income-
producing properties across all market
sectors - commercial, hotel, industrial,
residential, and retail.
Backed by an outstanding track record,
wealth of knowledge and strong
regional presence, our team is able to
deliver the following services:
Acquisitions
>> Identify & secure opportunities to
help you achieve your porfolio targets
>> Assist/Conduct negotiation of let-
ter of intent through to settlement of
contract
>> Conduct Market and Financial Due
Diligence as well as advise on best
use of land
Dispositions
>> Execute marketing of asset through
our strong network of relationships
with institutional investors, banks,
developers and high net worth indi-
viduals in Vietnam and throughout the
Asia Pacific
>> Conduct initial due diligence of in-
terested parties prior to negotiation
>> Assist/Conduct negotiation through
to completion of divestment