Vietnam/ 5.1 General legislation  

5.1.5 Tax laws

There is no special tax law for cultural activities. Cultural and art enterprises are run under the corporate income tax in which preferential tax rates of ten and twenty percent for fifteen and ten years, respectively, are available for taxpayers engaged in different areas including culture and arts. In this law, article 4 specifies Tax-exempt incomes for received financial supports used for educational, scientific research, cultural, artistic, charitable, humanitarian and other social activities in Vietnam.

There is no special VAT rate for cultural products or cultural services. There are no specific tax breaks or other such benefits for artists.

Chapter published: 30-11-2013