Belize vs Vietnam

Persons engaged in petroleum operations: income tax at 40% of the chargeable income from those operations, plus a petroleum surcharge.
Most other businesses: Primarily subject to Business Tax levied on gross revenue / gross income, with common rates such as:

Other trading or businesses: 1.75%
Real estate income (rent, royalties, premiums, etc.): 3%
Professional / occupational income: 6%
Income from commissions, royalties, dividends, etc.: 15%
Financial institutions: 15%

20

Annual tax returns must be filed by March 31 of the subsequent tax year.

For CIT finalisation, the due date is the last day of the 3rd month of the following financial year.

Monthly business tax payments must be filed by the 15th day of each month, covering receipts for the previous month.

The same as the deadline for submission of the final CIT return (i.e. the last day of the 3rd month of the following financial year).

Estimated tax payments follow the same monthly schedule as business tax payments.

Quarterly payments must be made no later than the 30th day of the next quarter.

15/NA/NA

0/5/10

15/15/0

0/5/10

12.5%

10%

No separate capital gains tax. A company pays business tax at 5% on its annual net gain from realising real estate outside Belize, assets of a permanent establishment outside Belize, or debt, equity or other instruments issued by non-residents.

Vietnamese companies: capital gains taxed at the standard 20% CIT rate. Foreign sellers: from December 15, 2025, capital transfers generally subject to 2% CIT on sale proceeds. Securities transfers by foreign entities: 0.1% CIT on total sales proceeds.