Vietnam Crypto Tax 2026: New 0.1% PIT Per Transfer (Circular 32/2026)
Vietnam finally taxed crypto in 2026. Circular 32/2026/TT-BTC, issued 27 March 2026, imposes a 0.1% personal income tax on every crypto transfer made through licensed service providers - a simple turnover tax, not a capital gains calculation.
What Changed in 2026
- First crypto tax: Circular 32/2026/TT-BTC (27 March 2026) introduces a 0.1% PIT on the transfer price of each crypto transaction through licensed service providers, for residents and non-residents.
- VAT: crypto transfers are VAT exempt.
- Business rates: foreign platforms pay 0.1% CIT on revenue; domestic companies pay 20% CIT on net gains.
- Stocks and dividends: stock transfers face 0.1% tax; dividends face 5%.
- Pilot market: a crypto pilot market was approved under Resolution 05/2025.
- Filing: annual PIT filing by the end of March 2026.
Vietnam's First Crypto Tax: How It Works
Circular 32/2026/TT-BTC applies a 0.1% PIT on the transfer price of each crypto transaction executed through a licensed service provider. It applies to residents and non-residents alike, and it is a turnover tax - the amount transferred is taxed, not the gain. Losing trades still incur the 0.1%.
One big concession: crypto transfers are exempt from VAT, keeping the total transfer levy at 0.1%.
Crypto Businesses: Two Different Rates
Foreign platforms: 0.1% CIT on revenue earned from Vietnamese users.
Domestic companies: 20% CIT on net gains - the standard corporate income tax rate applied to actual profits.
Stocks, Dividends and Forex
Stocks: 0.1% transfer tax on securities transactions - the same turnover-style approach as crypto.
Dividends: 5%.
Forex: retail FX is generally untaxed in practice - there is no dedicated levy on currency trading for individuals.
The Pilot Market and Your Filing Deadline
Resolution 05/2025 approved a crypto pilot market, which set the stage for the licensed provider infrastructure Circular 32/2026 taxes through. Annual personal income tax finalization is due by the end of March 2026 - keep transaction records from licensed platforms, since the 0.1% is levied on transfer price and applies even to losing trades.
FAQ
What is Vietnam's crypto tax rate in 2026?
0.1% PIT on the transfer price of each crypto transaction through licensed service providers, under Circular 32/2026/TT-BTC. It applies to residents and non-residents alike.
Does VAT apply to crypto transfers in Vietnam?
No. Crypto transfers are VAT exempt.
How are crypto businesses taxed in Vietnam?
Foreign platforms pay 0.1% CIT on revenue; domestic companies pay 20% CIT on net gains.
What are the stock and dividend rates in Vietnam?
Stock transfers face 0.1% tax and dividends face 5%.
When is the Vietnam tax filing deadline?
Annual PIT finalization is due by the end of March 2026.
Estimate Your 2026 Tax
Work out what the 0.1% per-transfer tax means for your trading volume with our free calculator.