TAX

Content

EPZs

Export tax

Products, commodities

Exemption

Import tariffs

Machinery, equipment, specialised transportation means making fixed assets

Exemption

.

Materials, fuel

Exemption

Corporate income tax

* Manufacturing companies

10%

.

4 years since profitable year

Exemption

.

Next 4 years

reduction 50%

.

* Service companies

15%

.

2 years since profitable year

exemption

.

* Manufacturing company

.

.

Exports 80-100% of products

.

.

4 years since profitable year

.

.

Next 4 years

.

.

Exports 50-<80% of its products

.

.

2 years since profitable year

.

.

Next 2 years

.

.

Exports < 50% of its products

.

.

2 years since profitable year

.

.

* Service company

.

.

1 year since profitable year

.

Value-added tax (VAT)

.

exemption

Tax on profit transferring

5%

.

TAX

CONTENT

EPZ

IZ

Export Tax

-Products, commodities

Exemption

Exemption

Import Tax

- Machinery, equipment, special-use vehicles as part of the fixed asset of the enterprise

Exemption

Exemption

-Materials, fuel (including construction material to be not produced in Vietnam)

Exemption

- Exemption according to export rate

- To be in debt within 9 months (275 days)

Business Income Tax

1- High-tech Enterprise:

- 8 years from the first making-profit year.

2-Infrastructure development Enterprise:

- 4 years from the first making-profit year

- 4 years thereafter

3-Manufacturing enterprise:

+ Export from 80 ? 100%:

- 4 years from the first making-profit year

- 4 years thereafter

+ Export from 50 - <80 %:

- 2 years from the first making-profit year

- 3 years thereafter

+ Export under 50 %:

- 1 years from the first making-profit year

- 2 years thereafter

4- Service enterprise:

- 1 years from the first making-profit year

- 2 years thereafter

 - 2 years from the first making-profit year

- 3 years thereafter

10 %

Exemption

10 %

Exemption

Reduction of 50%

10%

Exemption

Reduction of 50%

15%

Exemption

Reduction of 50%

10 %

Exemption

10%

Exemption

Reduction of 50%

10%

Exemption

Reduction of 50%

15%

Exemption

Reduction of 50%

20%

Exemption

Reduction of 50%

20%

Exemption

Reduction of 50%

Value Added Tax

Exemption

Performing under

Current VAT Law

Withholding Tax

3 %

3 %

Corporate Income Tax

25%

25%