Liechtenstein and Vietnam have initialled an income tax treaty following the conclusion of negotiations, with the agreement incorporating OECD/G20 BEPS standards, provisions to avoid double taxation, reduced withholding tax rates and information exchange measures.
The Liechtenstein government announced that representatives of Liechtenstein and Vietnam concluded negotiations on an income tax treaty, initialling the agreement on 12 June 2026.
The DTA is based on international standards and takes into account the requirements of the OECD/G20 BEPS (Base Erosion and Profit Shifting) project aimed at preventing tax reduction and tax avoidance in cross-border situations.
The agreement provides for the avoidance of double taxation in relation to income taxes.
To promote cross-border investment, reduced withholding tax rates were agreed for dividends, interest, and royalties. To resolve complex cases of double taxation, the agreement includes provisions for a mutual agreement procedure. The exchange of information will follow the international standard.
The treaty will enter into force after it is signed and ratified.
