Con Dao district: location with special difficult socio-economic conditions.
Tan Thanh District: location with difficult socio-economic condition..
1) GENERAL INVESTMENT INCENTIVES:
1.1. Investment incentive location:
Con Dao district: location with special difficult socio-economic conditions.
Tan Thanh District: location with difficult socio-economic condition..
1.2. Investment incentive sectors:
a) List of sectors subject to special investment incentives:
Manufacture of computer, communication, telecommunication, internet equipment, key IT products.
Manufacture of transistor products and high tech electronic components; production of software product, digital information
contents; supply of software service, IT research, IT human resource training.
Investment in production and manufacture of precision mechanical equipment; equipment and machinery for testing and controlling industrial production process; industrial robots.
Other sectors subject to investment incentives.
b) List of sectors subject to investment incentives:
Manufacture of mould for metallic and non-metallic products.
Manufacture of electronic products
Manufacture of equipment, machinery, component in fields of: oil exploitation, mine utilization, energy, cements; manufacture of large lifting equipment; manufacture of metallic processing equipment, equipment for metallurgy.
Investment in diesel engineer production; investment on manufacture and repair, building of ship; components for transport ship, fishing ship; manufacture of equipment and component for dynamic sector, hydraulic sectors and pressure equipment.
Manufacture of: construction equipment, vehicle, machinery; technical equipment for transport sector; train engines, train cabin.
Investment in manufacture of machine tools; equipment, machinery, component serving for agriculture, forestry, food processing machine,
irrigation equipment.
Investment in manufacture of equipment and machinery for textile, garment, leather lines.
Other sectors subject to investment incentives.
1.3. Investment incentives:
a) Corporate income tax:
Investment project located in Con Dao district: Preferential tax rate of
10% shall be applied in 15 years; be fully exempted from CIT in 4 years, be 50% exempted from CIT in 9 following years.
Investment project located in Tan Thanh District: Preferential tax rate of 20% shall be applied in 10 years; be fully exempted from CIT in 2
years, be 50% exempted from CIT in 4 following years.
b) Import duty:
Imported goods incorporated in fixed assets of investment project in the sector subject to import duty incentives shall be exempted from import duty, including:
Equipment and machinery:
Specialized transport means in technological line that could not be manufactured locally; Transportation means for workers including 24 or more seats car and waterway transport means;
Parts, details, components, fixtures, moulds and accessories for assembly specialized equipment, machinery and transport means in accordance with regulation;
Materials that could not be produced locally to be used for manufacture of equipment and machinery incorporated in technological line or to be
used for manufacture of part, detail, component, fixture, mould and
accessories for assembly of equipment and machinery in accordance with regulation;
Construction materials that could not be produced locally.
c) Land, water surface rent:
Since the date that the project is put into operation, the land and water surface rent shall be exempted as below:
11 years for investment projects located in areas with special difficult socio-economic conditions (Con Dao district).
7 years for investment project located in areas with difficult socio- economic conditions (Tan Thanh district).
