Corporate Income Tax

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:

• Consolidated Document No. 14/VBHN-BTC (May 20, 2021)
• Decree No. 12/2015/ND-CP and Decree No. 126/2020/ND-CP (October 19, 2020)
• Consolidated Document No. 09/VBHN-BTC (May 18, 2021)

See more the related items of taxes