Taxation of corporate income tax rate is 20 %
A. Exempt CIT for the first two years and decrease 50% for the next four years on the incoming of enterprise that implements new investment project in the Industrial Parks (pursuant to Decree No. 218/2013/ND-CP dated December 26, 2013 that issued by Government regulates and guide the implementation of Corporate Income Tax – applied from February 15, 2014).
B. Applying the CIT of 10 % for the enterprises stipulated in Item 1, 2 and 3 of Article 19 on the Circular No. 78/2014 / TT-BTC dated 06/18/2014 guiding the implementation of Decree No. 218/2013 / ND-CP).
Free of tax for the oversea remittance
Exemption of VAT on goods which include imported raw marterials for producing, processing of exported goods according to the processing contracts signed with foreign Partners.
(Only applied for high-tech enterprises, investment incentive fields). According to Decree No. 87/2010/NĐ-CP.
(1) Import tax exemption for goods to create fixed assets
(2) Emport exemption for raw material, imported materials to produce exported goods
(3) Emport exemption for raw material, to manufacture on the list of special incentive investment project in 5 years commencing from manufacturing start (If Enterprises invest in the list of special incentive investment project or invest in spare parts manufacture, or mechanic, electronic…