Effective from 1st January 2009.
New Investment Projects |
|
---|---|
Incentive |
• Year 1 - 2: 0% • Year 3 - 6: 50% reduction (current tax is 20% of taxable revenue) |
Hi-tech Industry Projects |
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Incentive |
• Year 1 - 4: 0% • Year 5 - 13: 5% • Year 14 - 15: 10% |
Criteria (For big enterprise of over VND 100 billions and 300 staff) |
By MOST, industries applied:
• Hi tech products manufacturing; • Eco friendly and energy saving solutions applied; • Minimum revenue from hi-tech products: 70% of total annual net revenue; • Minimum expenses for R&D: 0.5% of total annual net revenue; • Number of employees with specialized university degree: 2.5% of total employees. |