1. As a new enterprise is set up and established in an industrial park, it is entitled to the following enterprise income tax incentives:

  • Tax rate: 20%
  • Exemption for the first 02 (two) years since the taxable income
  • Reduce 50% tax rate for the next following 04 (four) years

2. The regulated documents indicating the regulations on tax rates, exemption and reduction as stated above, Section-1, are:

 

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