8 January 2022
The General Department of Taxation has issued Official Letter No. 4694/TCT-CS dated 3 December 2021 to guide CIT policy for new investment projects. The main content is as follows:
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In case an enterprise implements a solar power project and it is a new investment project in the field of renewable energy production and clean energy, it is entitled to CIT incentives.
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The determination of whether an investment project is subject to the procedure for granting an Investment Registration Certificate or not will be based on the provisions of Article 37 of the Law on Investment 2020.
For further information, please contact:
Minh Ngo Nhat, Managing Partner, BLawyers
minh.ngo@blawyersvn.com
