With regard to a project invested in an industrial park, if the project meets the conditions on project of new investment according to clause 18 Article 1 of Decree No. 12/2015/ND-CP and the industrial park does not belong to a locality with socio-economic advantage conditions, the project shall be eligible for EIT incentives according to clause 6 Article 1 of Decree No. 91/2014/ND-CP . To be specific: it is entitled to tax exemption for 2 years and a 50% reduction of payable tax amounts for 4 subsequent years.
Tax exemption, reduction duration for a project of new investment shall be determined according to clause 4 Article 16 of Decree No. 218/2013/ND-CP .
|Published||Vietlaw's Newsletter No. 525|