6-11-2019, 9:37 GMT+7
 GENERAL INVESTMENT INCENTIVES OF LÂM ĐỒNG PROVINCE

I. Preferential land rent and water surface rent:

- Pursuant to areas of investment incentives as stipulated in Appendix issued together with Decree 118/2015/NĐ-CP dated 12/11/2015 by the Government.
- As stipulated in Articles 18, 19, 20 of Decree 46/2014/NĐ-CP dated 15/5/2014 by the Government defining land rent and water surface rent fees.

1. Exemption of land rent, water surface rent fees in the following cases:
1.1. Investment projects belonging to special incentive areas in the districts of the province.
1.2. Projects using land to construct housings for workers of industrial parks based on projects approved by competent authorities;
1.3. Land for construction of buildings of public organizations; land for construction of scientific research facilities of scientific & technological enterprises if they meet relevant conditions (if any) including: land for laboratories, land for technological incubations and establishment of scientific & technological enterprises; land for empirical production facilities, land for construction of piloting production facilities.
1.4. Agricultural Cooperatives using land for head office construction, drying ground, storage; construction of service facilities directly serving agricultural, forestry, aquaculture.
1.5. Land for infrastructure construction for common use in industrial parks, industrial clusters under plans approved by competent authorities.
1.6. Exemption of land rent, water surface rent fees during engineering construction period as per project approved by competent authorities but not exceeding 3 years from the date of issue of Decision on land rent, water surface rent.
1.7. Projects using land for building public works for business purpose (socialization) in the fields of education, vocational training, health, culture, sports, environment.
1.8. Exemption of land rent, water surface rent fees after period for land, water surface fees exemption applied to engineering construction period, namely:
a) Three (3) years for projects on the list of preferential investment fields; for newly-established businesses of economic organizations strictly implementing planned relocation, relocation due to environmental pollution.
b) Seven (7) years for investment projects in Bảo Lộc city.
c) Eleven (11) years for investment projects in provincial districts; investment projects on the list of special areas of investment incentives; projects on the list of preferred areas of investment incentives in Bảo Lộc city.
d) Fifteen (15) years for investment projects on the list of special areas of investment incentives within the province; investment projects on the list of preferred areas of investment incentives in Bảo Lộc city.

2. Reduction of land rent, water surface rent fees in the following cases:
2.1. 50% land rent reduction for cooperatives using land as business premises for production.
2.2. Land, water surface rent fees for enterprises that operate in agricultural, forestry, aquaculture production suffering from natural disasters, fire damage with loss of productivity below 40%: grant of respective reduction of rent fees; loss of 40% and over: exemption of rent fees for the year of loss.
2.3. Land rent, water surface rent for enterprises operating in business production rather than agricultural, forestry, aquaculture production suffering from natural disasters, fires, force majeure: granted 50% reduction of land, water surface rent fees during stoppage of production.
Incentive policies on corporate income tax for projects investing in agriculture, rural areas are implemented under Decree 210/2013/NĐ-CP dated 19/12/2013 by the Government RE: encouraging enterprises to invest in agriculture and rural areas.

II. Incentive policies on land use fees
As stipulated in Articles 11, 12 of Decree 45/2014/NĐ-CP dated 15/5/2014 by the Government on the collection of land lease fees;

III. Preferential corporate income tax.
Under the provisions of the Law, amending and supplementing a number of articles on 2013 Corporate Income Tax:
- Tax rate of corporate income tax: 22%.
Any cases applying 22% tax rate specified in this section are transferred to 20% tax rate effective from January 01, 2016.
- Any enterprises with total annual turnover of less than twenty (20) billion dong shall apply 20% tax rate.
Turnover used as basis to define whether enterprises are allowed 20% tax rate in this provision is turnover of the preceding year.
As stipulated in Decree 218/2013/NĐ-CP dated 26/12/2013 by the Government on the stipulation and guidance to implement the corporate income tax law; Circular 78/2014/TT-BTC dated 18/6/2014 by the Ministry of Finance Re: “Guidance to implement Decree 218/2013/NĐ-CP dated 26/12/2013 by the Government on the stipulation and direction of the corporate income tax law; Law 71/2014/QH13 dated 26/11/2014 amending and supplementing some articles of the law on corporate income tax; Decree No. 12/2015/NĐ-CP dated 12/02/2015 issued by the Government; Circular No. 96/2015/TT-BTC dated 22/6/2015 by the Ministry of Finance guiding the implementation of corporate income tax in Decree 12/2015/NĐ-CP dated 12/02/2015 issued by the Government defining in detail the implementation of the law amending and supplementing several articles of Circular No. 78/2014/TT-BTC dated 18/6/2014, Circular No. 119/2014/TT-BTC dated 25/8/2014, Circular No. 151/2014/TT-BTC dated 10/10/2014 issued by the Ministry of Finance;

1. Tax - exempt Income - Income from farming, animal husbandry, aquaculture production and processing from cooperatives; Cooperatives’ income in the fields of agriculture, forestry in local districts and Bảo Lộc city; Enterprises’ income from farming, animal husbandry, aquaculture production and processing within districts.

- Income from implementation of technical services directly serving agriculture.
- Income from implementation of scientific research and technological development contracts.
- Income from vocational training activities for ethnic minority people and the handicapped.
- Income from capital contribution, stock purchase, joint ventures, economic linkages with domestic enterprises, upon receipt of capital contributions, issuance of shares/stocks, joint ventures, affiliates with income tax payables.
- Income from technology transfer in the field of transfer priority for organizations and individuals in rural districts.

2. Preferential tax rates
2.1. 10 (ten) % preferential tax rate for 15 (fifteen) years
- Corporate income from implementation of new investment projects in rural districts.
- Corporate income from implementation of new investment projects, including: scientific research and technological development; hi-tech application in the list of priority on hi- tech development investment under the provisions of the High Technology Law; incubations of hi-technology, incubations of hi-tech enterprises; venture investment for hi-tech development in the list of priority on hi-technology development under the provisions of the Law on High Technology; investment in construction – operations of hi-tech incubation facilities; incubations of hi-tech enterprises; investment in the development of vitally important infrastructure as prescribed by the law; production of software products; production of composite materials, lightweight building materials, rare materials; production of renewable energy, clean energy, energy from waste incineration; development of biotechnology; environmental protection;

- Income of hi-tech enterprises, agricultural enterprises applying hi-tech as stipulated by the Hi-Tech Law;
- Income of enterprises from implementing new investment projects producing products on the list of industrial products that support prioritized development meeting one of the following criteria:
+ Industrial products to support high technology as stipulated by the Law on High Technologies;
+ Industrial products supporting production of such manufacturing industries as textile - apparel; leather - footwear; Electronics - information; mechanical engineering, which cannot be produced locally as at January 01, 2015;

2.2. 10% tax rate applied to:
- Income of enterprises from implementation of socialization activities in the fields of education – training, vocational training, health, culture, sports and environment;
- Income of enterprises from implementation of investment – operation projects on socialized housings for selling, leasing, or purchase.
- Corporate income from: planting, care and protection of forests; agro-forestry and fisheries in Bảo Lộc City; manufacturing, propagating and breeding of crops and livestock; investment in post-harvest preservation of agricultural products; preservation of agricultural and aquatic products and food;
- Income of agricultural cooperatives in the fields of agro-forestry, fisheries within Đà Lạt City.

2.3. 20% tax rate for ten years applied to:
- Income of enterprises from the implementation of new investment projects in Bảo Lộc city;
-. Income of enterprises from the implementation of new investment projects, including: manufacturing of machinery, equipment for agro - forestry and fisheries production; production of irrigation equipment; production and refinement of livestock, poultry feed and aquatic products; development of traditional crafts.

Effective from January 01, 2016, corporate income specified in this provision shall apply 17% tax rate.
The duration for application of preferential tax rate specified in this provision shall be counted from the first year of generating turnover from new investment projects;

2.4. 15% tax rate is applied to corporate income of enterprises specializing in planting, animal husbandry, processing in the fields of agriculture and aquaculture in Đà Lạt city.

3. Tax exemption & reduction
3.1. Four – year tax exemption and 50% tax reduction of tax payables in nine consecutive years for:
- Corporate income from implementation of new investment projects in rural districts.
- Corporate income from implementation of new investment projects including: scientific research and technological development; hi-tech application in the list of priority on hi- tech development investment under the provisions of the High Technology Law; incubations of hi-technology; incubations of hi-tech enterprises; venture investment for hi-tech development in the list of priority on hi-technology development under the provisions of the Law on High Technology; investment in construction – operations of incubation facilities of hi-technology; incubations of hi-tech enterprises; investment in development of vitally important infrastructure as prescribed by the law; production of software products; production of composite materials, lightweight building materials, rare materials; production of renewable energy, clean energy, energy from waste incineration; development of biotechnology; environmental protection;
- Income of hi-tech enterprises, agricultural enterprises applying hi-tech as stipulated by the Hi-Tech Law;
- Income of enterprises from implementation of socialized activities in the fields of education – training, vocational training, health, culture, sports and environment;

3.2. Tax exemption shall not exceed two years and 50% reduction of tax payables shall not exceed the next 4 consecutive years for:
- Corporate income from implementation of new investment projects within Bảo Lộc city;
- Corporate income from implementation of new investment projects including: machinery, equipment manufacturing to serve agricultural, forestry, fishery production; manufacturing of irrigation equipment; manufacturing, refinement of livestock, poultry feed, aquatic products; development of traditional crafts.

IV. Incentives in Import – Export duties
Investors carrying out projects in Lâm Đồng province are entitled to import – export duties incentives stipulated in Articles 12, 13, 14, 15 of Decree No. 87/2010/NĐ-CP dated 13/08/2010 by the Government, stipulating in detail several provisions of the Law on import – export duties .

V. incentive policies in Lâm Đồng province.
1. Vocational training support policies in Lâm Đồng province
Investors establishing enterprises located in Lam Dong province following enterprise law to implement investment projects and organize vocational training for laborers having permanent household registration in Lâm Đồng province shall be granted vocational training support as stipulated in Decision 56/2013/QĐ-UBND dated 05/12/2013 by Lâm Đồng People’s Committee, namely:

- Support rate: 100,000 đồng/ person/week or 400,000 đồng/ person/month;
- Duration of support: Based on vocational training program for training course from 01 (one) week and over but not exceeding 03 months. Minimum training duration per week is 25 hours, or 100 hours per month.
- Enterprises are granted additional support rate of 25,000 đồng/person/week or 100,000 đồng/ person/month when carrying out vocational training for the following subjects:
+ Ethnic minority workers (based on I.D. cards);
+ Workers belonging to poor, near-poor households (granted poor, near-poor household books);
+ Demobilized soldiers, policemen (demobilization paper);
+ The handicapped (having certificate of handicapped);
+ Workers having household registration books in extremely difficult communes as per current regulations or in poverty-stricken villages and communes under the prompt and sustainable poverty reduction program of the central and local governments.

2.2. Land rent exemption and reduction policies for facilities that perform socialization province in Lâm Đồng province.
Policies are applied to establishments conducting socialization that strictly meet criteria, scale, norm as per Decision 1466/QĐ-TTg dated 10/10/2008 issued by the Prime Minister, Decision 693/QĐ-TTg dated 06/5/2013 issued by the Prime Minister RE: Amending and supplementing a number of contents of a detail list promulgated together with Decision 1466/QĐ-TTg dated 10/10/2008 issued by the Prime Minister and the list of socialization projects calling for investment in Lâm Đồng province during 2016-2020 promulgated together with Decision 2343/QĐ-UBND dated 27/10/2016 issued by Lâm Đồng People’s Committee.

Decision 09/2016/QĐ-UBND dated 05/02/2016 issued by Lâm Đồng People’s Committee, promulgating regulations on exemption, reduction of land rent fees for establishments conducting socialization in the following areas: Education, training, vocational training, health, culture, physical training - sports, environment and judicial assessment within Lâm Đồng province as follows:
Exemption & reduction tax rate of land rent fees for establishments conducting socialization.

1. Zone 1, including wards in Đà Lạt city.
- Establishments conducting socialization with projects in particular sectors of investment incentives: 11-year exempt from land rent payable.
- Establishments conducting socialization of investment incentives trades: 03-year exempt from land rent payable.

2. Zone 2 including wards in Bảo Lộc city.

- Establishments conducting socialization with projects in particular sectors of investment incentives: 15-year exempt from land rent to be paid.
- Establishments conducting socialization with projects in particular sectors of investment incentives: 11 – year exempt from land rent payable.
- Establishments conducting socialization with investment projects: 7 – year exempt from land rent payable.

3. Zone 3 including towns Liên Nghĩa of Đức Trọng district; Di Linh of Di Linh district; Đinh Văn of Lâm Hà district:

- Establishments conducting socialization with special projects in particular sectors of investment incentives: exempt from land rent.
- Establishments conducting socialization with projects in particular sectors of investment incentives: 11-year exempt and from the 12th year onward, 60% reduction of land rent payable.
- Establishments conducting socialization with investment projects: 7-year exempt and from the 8th year, 50% reduction of land rent payable.

4. Zone 4 including the remaining towns of remaining districts
- Establishments conducting socialization with special projects in particular sectors of investment incentives: exempt from land rent.
-. Establishments conducting socialization with projects in particular sectors of investment incentives: 11-year exempt and from the 12th year onward, 80% reduction of land rent payable.
- Establishments conducting socialization with investment projects: 7-year exempt and from the 8th year onward, 70% reduction of land rent payable.
Interest rate support policy
Applied to investment projects under the following areas:
- Application of High-tech agriculture;
- Agro-forestry processing;
- Production of building material,
Meeting criteria approved by the Provincial People’s Committee and the current regulations shall be granted interest rate difference between medium-term interest rate and credit interest rate of investment development to support enterprises when making loans at commercial banks.
(Following Memorandum 6887/UBND-NN dated 07/12/2012 issued by Lâm Đồng People’s Committee).

5. Other support policies
- Support of investment, trade and tourism promotion.
- Support of market development, registration of trade name, brand. Development of travel tours & routes.
- Support of free information provision, procedures, mechanisms and policies on investment incentives.

(TIPC Lâm Đồng)
Video
.
.
.
.
Vila Moc Lan
Mộc bản triều nguyễn
Hits count: 33,834,435