China
Value-added tax (VAT)
A tax on the sale price when you buy a home from a developer. The buyer pays it together with the price.
How it works in Vietnam
Vietnamese law leaves the deductible land value out of the taxed price. The calculator has no land-value input, so it applies the rate to the full pre-VAT price and says so.
The calculator adds VAT only when you choose to buy from a developer.
Related terms
- Primary market
Buying a new home directly from the developer, usually an apartment.
- Maintenance fund
A payment the buyer of a new apartment makes to fund upkeep of the building's shared parts, set as a percentage of the pre-VAT price.
- Registration fee
A one-off charge the buyer pays to the state when the home is registered in their name, set as a percentage of the home's value.
Learn more
- Buying off-plan in Vietnam: VAT, maintenance fund, payments
Buying a new apartment from a developer in Vietnam: VAT, the maintenance fund, the registration fee, and the legal caps on payments before handover.