Chương 3 Nghị định 80/2007/NĐ-CP: Chính sách hỗ trợ, ưu đãi

Chapter III

SUPPORT AND PREFERENTIAL POLICIES

Science and technology enterprises are entitled to support and preferential policies according to law and a number of specific support and preferential policies below.

Article 10.- General provisions

1. To be considered and assigned by competent state management agencies the right to use or own state-owned scientific and technological results.

2. To be entitled to enterprise income tax exemption or reduction like enterprises investing in hi-tech parks in accordance with law after taxable incomes are generated provided that turnover from the production of, and dealing in, products and goods created from scientific and technological results accounts for at least 30% in the first year, at least 50% in the second year, and at least 70% from the third year on, of the total turnover of a science and technology enterprise.

Science and technology enterprises are not entitled to the above preferences in the fiscal year in which the prescribed conditions are not met.

3. Reasonable expenses to be subtracted upon calculation of taxable incomes from scientific research and technological development, production, business, service and other activities must comply with the provisions of law.

4. To be entitled to the registration fee exemption upon registration of land use rights or house ownership rights.

5. To be entitled to credit and investment preferences of the Bank for Investment and Development of Vietnam, the Scientific and Technological Development Fund and other funds for execution of production and business investment projects in accordance with law.

6. To be given priority in the use of research equipment for scientific research and technological development activities in national key laboratories, technology incubators, business incubators and scientific and technological research establishments of the State.

7. To enjoy free-of-charge consultancy and training services provided by technology incubators and business incubators set up by state agencies.

8. To be leased land and infrastructure at the lowest lease rates by management boards of industrial parks, export-processing zones, economic zones or hi-tech parks and local People's Committees according to regulations.

Article 11.- Regulations applicable to science and technology enterprises joined by public science and technology organizations

1. Public science and technology organizations are allocated state-owned capital and assets by competent state management agencies for contribution to science and technology enterprises. The value of such capital and assets constitutes a portion of state capital invested in those science and technology enterprises. Science and technology enterprises may purchase or hire state-owned assets not assigned to them according to law.

2. After being granted the science and technology enterprise certificate, a public science and technology organization shall be assigned by a competent state management agency regular funds in a lump sum corresponding to the reorganization duration ahead of the set deadline (December 2009) for contribution to the science and technology enterprise.

3. Public science and technology organizations' officials and employees who have signed indefinite labor contracts may continue signing such contracts when working in science and technology enterprises and their salaries shall be ranked according to the enterprises' salary tables at the salary coefficient equal to or immediately higher than the coefficient applicable before they move to science and technology enterprises.

4. Public science and technology organization-managing agencies shall implement regimes and policies towards redundant officials and employees who do not participate in science and technology enterprises' activities according to the policy of streamlining payrolls in public non-business units or arrange other jobs for those officials and employees. Funds for implementation of payroll streamlining regimes and policies shall be included in annual expenditure estimates of ministries, branches and localities according to regulations.

5. Science and technology enterprises may apply the provisions of the Government's Decree No. 115/2005/ND-CP of September 5, 2005, providing for autonomy and accountability mechanisms applicable to public science and technology organizations, which are not contrary to the Enterprise Law and this Decree.