FINANCIAL INCENTIVES FOR HIGH-TECH ENTERPRISE:
- Preferential tax rate: 10% for 15 years.
- Tax exemption/reduction incentives:
• First 4 years: 100% Corporate Income Tax exemption starting from the first year the enterprise generates taxable income.
• Next 9 years: 50% reduction of the Corporate Income Tax payable.
FINANCIAL INCENTIVES FOR EXPORT PROCESSING ENTERPRISES:
- VAT 0%
- Duty-free import of machinery, equipment and raw materials
- Free duty for export the products