THE PREFERENTIAL AND SUPPORTED POLICIES OF QUANG TRI PROVINCE FOR INVESTMENT

Thursday - 08/09/2016 22:10
I PREFERENCE IN LAND RENT.
1. Industrial parks
- Land rent exemption in the stage of basic construction (maximum is not exceeding 3 years from the date of decision for land lease).
- Land rent exemption in 15 years (after the time of land rent exemption of basic construction stage) for the project in the category of a special investment incentive area.
- Land rent exemption in 11 years (after the time of land rent exemption of basic construction stage) for the project in the category of a investment incentive area
- Land rent exemption in 7 years (after the time of land rent exemption of basic construction stage) for the rest projects
- Land rent price is calculated by 0.85% the land rent price issued by People’s Committee annually, in detail the land rent price in 2016:
+ South Dong Ha Industry Park: 360,000 dong x 0,85% x 1 time = 3,060 dong/m2/year;
+ Quang Ngang Industry Park and West – North Industry Park: 180,000 dong x 0,85% x 1 time = 1,530 dong/m2/year.

2. Lao Bao Special Economic – commercial Zone, the East – South Quang Tri Economic Zone
- Land rent exemption in the basic construction stage (maximum is not exceeding 3 years from the date of decision for land lease).
- Land rent exemption for the project in the category of a special investment incentive area
- Land rent exemption in 15 years (after the time of land rent exemption of basic construction stage) for the project in the category of an investment incentive area
- Land rent exemption in 11 years (after the time of land rent exemption of basic construction stage) for the rest projects.
- Land rent price is calculated by 0.75% the land rent price issued by People’s Committee annually, reduce 70% the land rent price in Lao Bao Special Economic – commercial Zone,. Cụ thể giá thuê đất năm 2016:
+ Lao Bao Special Economic – commercial Zone: 180,000 dong x 0,75% x 1 time x 30% = 405 dong/m2/year;
+ The East South Economic Zone: 180,000 dong x 0,75% x 1 time = 1.350 dong/m2/year;


II. PREFERENCE ON CORPORATE INCOME TAX.
1.Industrial Parks

1.1 South Dong Ha Industrial Park
- 2 years tax exemption and reduce 50% of total tax payable in the next 4 years on income from new investment project implementation.

1.2 Quan Ngang Industrial Park and West North Ho Xa Industrial Park
- Apply the tax rate of 20% in 10 years; 2 years tax exemption and reduce 50% of total tax payable in the next 4 years on income from new investment project implementation.
2. Lao Bao Special Economic – commercial Zone, the East – South Quang Tri Economic Zone
- The preferential tax rate 10% is in 15 years. Time for preferential tax apply is calculated continuously from the first year when the enterprise gets revenue from new invested project
- 4 years tax exemption; reduce 50% of total tax payable in the next 9 years on income from new investment project implementation


III. PREFERENCE ON IMPORT AND EXPORT TAX.
1.Quan Ngang Industrial Park and West North Ho Xa Industrial Park, East South Industrial Park
 - Import tax exemption to create the fix asset of investment project according to the Decree 87/2010/ND-CP dated 13/8/2010 stipulated in detail of executing some articles of import and export tax law.
2. Lao Bao Special Economic – commercial Zone
- Goods from Lao Bao Special Economic – commercial Zone exported to foreign countries, goods taken from this non – tariff area to the other non-tariff area not subject to import and export tax.
- Goods produced, processed, recycled, assembled in Lao Bao Special Economic – commercial Zone when exported  abroad
- Goods produced, processed, recycled, assembled in Lao Bao Special Economic – commercial Zone without using the materials, components imported from abroad when imported into Vietnam are duty-free of import tax; in the case using the  imported materials, components from abroad when imported into Vietnam, only pay import tax for materials and components on that goods;
- Goods produced, processed, recycled, assembled by the investment project with total capital from above 20 (twenty) trillions dong in Lao Bao Special Economic – commercial Zone when imported into Vietnam are free duty of import tax in 5 (five) years since starting production.

IV. PREFERENCE ON PERSONAL INCOME TAX
- Reduce 50% personal income tax for those who have income subject to income tax, including Vietnamese citizens, foreigners working in the economic zone.

 V. POLICY ON SUPPORTING VOCATIONAL TRAINING
- Support 1,000,000 dong/worker for primary training
- Support 3,000,000 dong/worker for intermediate training



 

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