There are differences in tax incentives offered for industrial zones, free economic zones and high-tech zones. First of all, industrial park has the following different incentives : Tax exemption for legal entities within 2 years 50% tax reduction for legal entities in the next 4 years Further incentives. For the state’s free economic zones and […]
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How are regulations on wastewater treatment implemented?
According to Vietnamese law on environmental protection, each plant discharges industrial wastewater meeting class B to industrial wastewater treatment plants. At the wastewater treatment plant of the industrial park, wastewater must be treated to mete class A before being discharged.
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What is the method of land cost payment?
According to the company’s agreements between the two companies, payment shall be made 10% after signing and the investment Licence -40% after receiving the investment certificate and before starting construction -40% and 10% after land(Red Book) release.
The procedure is as follows: Preparation of application and dossier- Receipt by the Ministry of Planning and Investment – Approval and granting of Investment license- IRC, ERC issuance – License issuance – Initial report and registration. It will take a minimum of 45 days and up to 150 days, depending on each business sector. More […]
We are building specialized infrastructure (water and electricity supply) for the industrial park and can obtain an investment license through investment approval more quickly and easily than construction zones. There are also certain benefits which are only applicable to industrial zones.
