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Consultant of Business Law in Vietnam
What is the Concentrated Information Technology Park ?
The concentrated information technology park means a zone concentrating
activities of research development, training, production of and trading in
information technology products and services, infrastructure provision, information
technology service provision for organizations, enterprises and other activities related
to information technology.
Support and preferences for organizations and enterprises operating in
the Concentrated Information Technology Park
Organizations and enterprises performing new investment projects in
the information technology field at the concentrated information technology parks are
enjoyed the following supports and preferences
1. To be entitled to select form of land assignment with collection of land levies,
renting ground or subleasing land which has been built the infrastructure as prescribed
by law
!. To be applied the ta" rates of enterprise income ta" of 1#$ for 1% years, e"empted
ta" #& year, reduced %#$ of the payable ta" for #' ne"t years for enterprise incomes
from implementation of new investment projects at the concentrated information
technology park. (or enterprises established newly from investment projects in the
information technology field with big scale, and need special investment attraction,
duration applied the preferential ta" rates may be prolonged but total duration applied
ta" rate of 1#$ does not e"ceed )# years. The *rime +inister shall decide the
e"pansion of duration applied the preferential ta" rate of 1#$ as prescribed at this
,lause at re-uest of +inister of (inance
). To be e"empted import ta" for goods imported to create fi"ed assets and serve for
production of information technology products and services of enterprises, including.
a/ 0-uipment and machinery
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Consultant of Business Law in Vietnam
b/ The special1use means of transport in the technological chain that cannot be
produced domestically means of transport for workers including automobiles of !&
seats or more, and means of waterway transport
c/ ,omponents, details, separate parts, spare parts, fittings, molds and accessories
enclosed to assemble synchronously with special1use e-uipment, machinery, and
means of transport specified at point a and point b above
d/ 2aw materials, supplies that cannot be produced domestically, used for
manufacture of e-uipment, machinery placed in technological chains or for
manufacture of components, details, separate parts, spare parts, fittings, molds and
accessories enclosed to assemble synchronously with e-uipment, machinery specified
at point a of above
dd/ ,onstruction supplies that cannot be produced domestically.
&. To be enjoyed preferences of e"port ta" for information technology products and
services as prescribed by law
%. To be facilitated for customs procedures in course of e"port and import of
machinery, e-uipment and information technology products and services
3. To be enjoyed preferences on investment credit and e"port credit of 4tate, the
national fund for science and technology development and other credit institutions as
prescribed by law
5. To be enjoyed other incentive policies of 4tate applicable to enterprises operating in
the hi1tech parks. 6f an enterprise is subject to be enjoyed many preferential levels as
prescribed by law, it will be applied the highest preferential level.
Detail information, please contact with
Ms. Thanh Loan
Add: Kim Ma street, Hanoi City, Vietnam
Email: thanhloan.businesslaw@gmail.om
!ebsite: www.b"ontrat.om