When a foreign investor prepares an investment project in Vietnam, if it is required to apply for investment policy approval in accordance with the Law on Investment, such project must be approved by competent state agencies before being granted the Investment Registration Certificate. Depending on the field of investment, the size of the project, the […]
Vietnam has introduced various investment incentive policies to attract foreign investors. As per Vietnamese law, foreign investors are eligible for investment incentives when they undertake investment projects. This entitles them to receive one of the following incentive treatments[1]: Corporate income tax incentives, including the application of a lower corporate income tax rate than the normal […]
Currently, the Government of Vietnam has issued various investment incentive policies for the purpose of attracting foreign investors to invest in Vietnam. Therefore, when the foreign investors implement an investment project in a business area that is eligible for investment incentives, they will be entitled to one or more of the following incentives:[1] Pursuant to […]
In order to encourage and attract investment, Vietnam has issued many investment preferential policies for investors. Based on the nature of the project such as industry, implementation location, objectives, and capital size, the project will be entitled to different forms of investment incentives, which may include (i) Incentives for corporate income tax (hereinafter referred to […]