Honduras or Vietnam: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Honduras and Vietnam weigh about the same on the taxpayer.

Tax Honduras Vietnam Gap
Corporate income tax headline rate 25% 20% +5.0 points
Personal income tax top bracket 0% to 25% 5% to 35% −10.0 points
VAT standard rate 15% 10% +5.0 points

Detailed schedules

Corporate income tax

Honduras

n/a

Vietnam

General rate 20%
SMEs 15 to 17% depending on conditions, 2025 law 15%
See the Honduras page See the Vietnam page