Corporate Income Tax (CIT)

– The annual coporate incom tax is applied at 17% from 1st January 2016 in the first 10 years for new enterprise invest in the IP.
– Exemtion of CIT for 02 years from the year that have taxable income and reduction of 50% for the next 04 subsequent years.

Tax for the oversea remittance

Free of tax for the oversea remittance.

Value Added Tax (VAT)

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.

Import machine and equipment

(Only applied for high-tech enterprises, investment incentive fields). According to Decree No. 87/2010/NĐ-CP.
(1) Import tax exemption of machines for fix asset creation
(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.