Import duties on materials, raw materials; semi-finished products which can not be made domestically at standard quality shall be exempted for the first 05 production years.
Corporate Income Tax (CIT) rate of 10% shall be applied for the first 15 years since business commencement; CIT exemption for the first 4 profit-making years and a half reduction for the 9 years thereafter. High-tech projects and those promising visible importance are eligible for the Prime Minister’s consideration of offering full-duration 10% tax rate incentive.
A half reduction of personal high-income tax.
Land lease term is up to 70 years.
As for the cases of raw land leasing, exemption and/or reduction of land, water surface rental are as follows:
Full-duration exemption for projects of specially-encouraged category;
15-year exemption for projects of encouraged category;
11-year exemption for the rest.
Assistance in skilled workers training and recruitment.
Investment projects in the Non-tariff Zone of Dungquat shall enjoy special regime on ex-import procedures and tariffs, value added tax (VAT), special consumption tax.
Foreigners residing in Vietnam and foreign investors are eligible for buying houses and leasing residential land in Dungquat.
Single-price policy applies for all commodities, services, rental in Dungquat.
Applicable in Dungquat is also the policy of leasing land in Van Tuong New Urban to build accommodations and leisure facilities serving enterprise managers, specialists; to build worker dormitories.
INVESTMENT FIELDS THAT ENJOYS COMPARATIVE ADVANTAGES IN DUNGQUAT AND ARE ESPECIALLY ENCOURAGED
Oil refining, petrochemical, chemical industries
High-standard building materials production
New materials production
Electrical and electronics
Supporting industries for heavy industries
Industrial parks infrastructure business
Commercial centers/buildings, hotels and offices for rent
Urban zones and accommodations business; Finance – banking – telecommunication services
The year 2010 marked some events opening new opportunities for the continuous development of Dungquat Economic Zone: Dungquat oil refinery was... Read more...
Dungquat Economic Zone Authority® Van tuong Urban- Binh Son district - Quang Ngai Province Tel: 055.3609317/3640442; Fax: 055.3645828