New policy mode
1. Corporate Income Tax:
- Enjoy the CIT rate of 10% for a period of 15 years;
- Tax exemption for 4 years, 50% reduction of payable tax for the next 9 years, the period of tax exemption and reduction is calculated continuously from the first year of having taxable income from the investment project. In case there is no taxable income or taxable income in the first three years from the first year of revenue from the investment project, the tax exemption or reduction period is counted from the fourth year (Decree 218/ 2013 / ND-CP dated December 26, 2013 of the Government).
2. Preferential loans
Borrowing from the State's investment credit up to 70% of the total investment of the project, excluding working capital (Decree 32/2017/ND-C).