Title: Directive 25/CT-TTg of 2018 on a number of tasks and solutions for production development and export promotion promulgated by the Prime Minister

Type: Directive

Issuing Agency: Government

Responsible Agency: Relevant Agencies

Issuing Date: 31-08-2018

Adjust tax policies in favor of businesses
This is highlighted in Directive 25/CT-TTg on a number of tasks and solutions for production development and export promotion.
Accordingly, the Prime Minister instructs concerned ministries and branches to conduct the review, review and study of the following orientations:

- Reduced time to review the VAT refund application to reduce costs for businesses;

- To amend Decree No. 134/2016/ND-CP in the direction of import tax exemption for raw materials imported for the production of export goods which are sent by the manufacturing establishments to other establishments;

- Income tax incentives of forest product processing enterprises in areas with difficult socio-economic conditions;

- Remove the regulations on checking the norms of some active substances in the polluted indicators of waste water of the aquatic product-processing enterprises;

- Applying the regime of reduction inspection and shortening of deposit time for the import of discarded materials in service of production;

- To permit the import of used woodworking machinery and equipment which have been used for many years but still have high use value.

Directive 25/CT-TTg is effective from 31/8/2018.