Free Income tax (0%) when invest in Industrial Park at Long An Province, VietNam
- Businesses after finalizing the tax, if loss then the loss is transferrable to the Income tax of the follow- ing years. The accumulated years must not exceed 05 years from the year of loss (Point 02, Part 05, Article C of Circular 130/2008/TT-BTC, issued 26/12/2008).
- Favorable income tax rate 20% in 10 years apply to newly established businesses in critical socio-eco- nomic condition provinces stated in the Appendix to Circular 124/2008/ND-CP issued 11/12/2008 by the Government (Point 04, Part 02, Article H of Circular 130/2008/TT-BTC, issued 26/12/2008) .
- Income tax rate is 25%, exceptional cases stated at Point 02, Part 05, Article C of Circular 130/2008/ TT-BTC, issued 26/12/2008.
- Pursant to Prime Minister’s Decree No 124/2008/ND – CP dated December 11, 2008 on the implementation of business income tax law
- Pursuant to Prime Minister’s Decree No 87/2010/ND – CP dated August 13, 2010 on the implementation of exporting, importing tarifflaw
|
Tax types |
Content – object |
Preference level |
|
Business income tax |
Manufacturing enterprises & service providing enterprise |
|
|
Newly-established enterprises |
20% in 10 years |
|
|
Tax rate |
20% |
|
|
The first 02 year |
0% |
|
|
The next 04 years |
10% |
|
|
The last 04 years |
20% |
|
|
Value-added tax (VAT) |
Products and goods |
VAT, current law |
|
Export- Import tax |
Decree No 87/2010/ND–CP of the Prime Minister dated August 13, 2010 about the implementation of exporting- importing-tax law |
Free duty according to Decree No 87/2010/NĐ – CP dated August 13, 2010 about the implementation of exporting- importing-tax law |
|
Tax on profit transferedabroad |
Profit transfered abroad |
0% No 186/2010 |
