Circular No. 07/2007/TT-BTC provides instructions on the financial regulations and customs procedures applicable to Vung Ang Economic Zone.
Eligible for financial incentives guided in this Circular are investors under economic sectors running business as stipulated at Investment Law, Enterprise Law, and Cooperative Law; private business households; and organizations and individuals that conduct business activities in accordance with the Vietnamese laws.
The Circular clarifies tax policies, namely enterprise income tax, import and export tax, excise tax, value-added tax…, customs procedures involving in the goods brought into and out of the non-tariff areas, incentives for infrastructure development, preferential credit, and financial policies applicable to Management Board for Vung Ang Economic Zone.
The Circular takes effects 15 days after it is published on the Official Gazette.
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