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INVESTMENT INCENTIVES

Monday, 19/10/2015, 10:39 GMT+7

INVESTMENT INCENTIVES

INVESTMENT INCENTIVES

Corporate income tax:

  • From 01/01/2016, investors in Tan Do Industrial Park will be applied corporate income tax at the rate 17%.
  • In addition, tax exemption for the first 02 years and reduction of 50% of tax payable for the next 4 years

Investors’ assets are allowed to be legally transferred abroad (Article 11, Law of Investment, No. 67/2014/QH13)

Foreign investors can legally transfer their assets to the home country after finishing their financial obligations relevant to Vietnam state bodies (Circular 26/2004/TT-BTC, dated 21/03/20014; Circular (124/2004/TT-BTC dated 23/12/2004), including:

  • Invested capital, investment liquidated amounts;
  • Incomes that derived from business activities;
  • Money and other assets that legally owned by the investors

Loss transfer:

The loss of investors could be accumulatively transferred to the next years for tax payable income calculation. The time permitted for loss transfer is continuously accumulated but not exceeding 3 years after the loss incurred

Import tax exemption:

Goods imported to create fixed assets of investment projects in domains entitled to import duty preferences list (Clause 6, Article 12, Decree 87/2010/NĐ-CP)


Written : annp