Title: Decree 53/2010/ND-CP provides for investment incentives, preferential enterprise income tax for new administrative units established upon the adjustment of administrative boundaries by the Government

Type: Decree

Issuing Agency: Government

Responsible Agency: Ministry of Finance

Issuing Date: 19-05-2010

 

To provide investment and enterprise income tax incentives for new administrative units established upon adjustment of administrative boundaries by the Government as follows:

1. New administrative units, which are established under the Government's regulations on adjustment of administrative boundaries (division, separation or upgrading of former administrative units in geographical areas eligible for investment and enterprise income tax incentives) from the effective date of the Government's Decree No. 108/2006/ND-CP of September 22, 2006. detailing and guiding a number of articles of the Law on Investment but not yet included in the list of geographical areas eligible for investment incentives (promulgated together with Decree No. 108/ 2006/ND-CP of September 22, 2006) and the list of geographical areas eligible for enterprise income tax incentives (promulgated together with Decree No. 124/2008/ND-CP of December 11. 2008). are entitled to investment and enterprise income tax incentive policies currently enjoyable by geographical areas of former administrative units).

2. In case a new administrative unit mentioned in Clause 1 of this Article is recognized by the Government as a geographical area with difficult socio-economic conditions or with extremely difficult socio-economic conditions, it is entitled to investment and enterprise income tax incentives currently provided for such geographical area.

 

For further details, Please see a reference translation  at http://moj.gov.vn/vbpq/en/lists/vn%20bn%20php%20lut/view_detail.aspx?itemid=10634

 

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