Chapter III
PREFERENTIAL AREAS OF INVESTMENT
Article 9.- The following investment project are eligible for preferential treatment:
1- Investment in the fields of:
a/ Afforestation, growing perennial trees on unused land, bare lands, bare hills and mountains, practicing aquaculture in unexploited waters, fishing in sea areas far from the shore;
b/ Building infrastructure: developing urban public transportation; developing education, training, health care, national culture, scientific and technological research;
c/ Processing agricultural, forest and aquaculture products; different technical services of direct benefit to agriculture, forestry and fishery;
d/ Production of export goods;
e/ Industrial branches which need priority development in each period of socio-economic development; traditional branches and skills.
2- Investment in ethnic minority areas, mountain areas, islands and other difficult areas;
3- Investment in setting up production establishments using modern technology or production ventures using a large labor force.
The Government shall draw up a list of branches and skills for each field and each territorial area, technological norms and labor force employment for priority investment according to the plan and orientation of the State.
Article 10.- Apart from preferential systems prescribed by the law and ordinances on current taxes, investment projects defined in Article 9 of this Law are entitled to additional tax preferences as follows:
1- Newly set up production and business establishments shall receive a reduction of 50% (fifty percent) of revenue tax for one to two years; investments in ethnic minority areas, mountain areas, islands and other difficult areas, are exempt from revenue tax for one to two years, and an additional 50% (fifty percent) of revenue tax from one to five years and an additional 50% (fifty percent) of income tax from one to two years;
2- Production and business establishments which augment their investment capital or reinvest their remaining profit in enlarging production and raising productivity or renovating technology, are exempt from revenue tax on the increased profit of the subsequent year brought about by this new investment;
3- Investment projects which need special encouragement are exempt by the Government from import tax on the equipment, machinery and spare parts, that investors directly import or import through an agency, for building production establishments. In case the equipment, machinery and spare parts exempted from import tax are used for an unauthorized purpose, the investor shall have to reimburse the exempted import tax and be penalized as prescribed by law.
4- A dividend from the form of investment defined in Item 3 of Article 4 from this Law is exempt from income tax or revenue tax during a period of three years from the first dividend.
The Government shall provide concrete levels of investment preference.
Article 11.- An investor who forms and efficiently runs a new production and business establishment, as provided for in Article 9 of this Law, shall be given priority consideration for mid-term and long-term credit loans from the investment support fund; if such an establishment is located in an ethnic minority area, mountain area, island or other difficult areas, it shall be considered for preferential interest rates from the investment support fund.
Ventures producing export goods, in the aforementioned priority categories, shall receive a credit guarantee and export credit.
Tìm kiếm
Luật Khuyến khích đầu tư trong nước 1994 (Bản Word)