Isolable N-heterocyclic phosphenium (NHP) complexes of vanadium were prepared by cophotolysis of Na[V(CO) 6 ] and 2-bromo-1,3,2diazaphospholenes. Single-crystal XRD studies revealed that the complexes exhibit trigonal planar coordination at phosphorus and short P−V distances indicative of phosphorus−metal double bonding. An exemplary reaction with Li[BEt 3 H] proceeded via hydride transfer to the phosphorus atom to yield an anionic secondary phosphine complex, which resisted protonation by [Et 3 NH]Cl and differed in this aspect from a previously reported manganese-based analogue. DFT calculations were carried out to analyze metal−ligand interactions in the NHP vanadium complexes and to rationalize the different behavior of the vanadium-and manganese-based species in H − /H + -transfer reactions.