Page 23 - INVESTMENT INCENTIVE MECHANISMS AND POLICIES
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ACCORDING TO THE INVESTMENT LAW NO. 61/2020/QH14 DATED JUNE 17, 2020
CORPORATE INCOME TAX
Tax rate Applicable duration Exemption period Period of 50% reduction
(%) (Year) (Year) (Year)
10 15 4 9
a) New investment projects (including the expansion thereof) of innovation
centers, R&D centers with a total investment capital of VND 3,000
billion or more, of which at least VND 1,000 billion is disbursed within 03
years from the date of issuance of the Investment Registration
Certificate or the approval of the investment guidelines; national
innovation centers established under the Prime Minister's decision;
b) Investment projects in sectors eligible for special investment incentives
with an investment capital of VND 30,000 billion or more, of which at
least VND 10,000 billion is disbursed within 03 years from the date of
issuance of the Investment Registration Certificate or the approval of
the investment guidelines
110 LIST OF PROJECTS ATTRACTING INVESTMENT
