Page 21 - INVESTMENT INCENTIVE MECHANISMS AND POLICIES

CORPORATE INCOME TAX

Tax rate Applicable duration Exemption period Period of 50% reduction
(%) (Year) (Year) (Year)

10 Full time 4 9
(Only for term e) (Only for term e)

a) Incomes of enterprises from implementing investment projects on
construction of social housing for sale, lease, lease purchase for the
subjects prescribed in Article 53 of the Law on Housing;
b) Incomes of press agencies from printed newspapers, including
advertisements on printed newspapers as prescribed in the Law on
Press; incomes of publishers from publishing in accordance with the
Law on Publication;
c) Incomes of enterprises from planting, cultivation, and protection of
forests; farming and processing of agricultural and aquatic products in
socio-economically disadvantaged areas; cultivation of forest products
in socio-economically disadvantaged areas; production, multiplication,
and crossbreeding of plant and livestock varieties; production,
extraction, and refinement of salt, except for salt production prescribed
in Clause 1, Article 4 of this Law; investment in post-harvest
preservation of agricultural products, preservation of agricultural
products, aquatic products, and food;
d) Incomes of cooperatives operating in the fields of agriculture, forestry,
fishery, and salt production that are not located in socio-economically
disadvantaged areas or particularly socio-economically disadvantaged
areas, except for incomes of cooperatives prescribed in Clause 1,
Article 4 of the Law on Corporate Income Tax.
e) Income of enterprises from performing socialization activities in the
fields of education - training, vocational training, health, culture, sports
and environment.

108 LIST OF PROJECTS ATTRACTING INVESTMENT