12 August 2021
The Tax Department of Hai Phong City issued Official Letter No. 1746/CTHPH-TTHT dated 19 July 2021 to answer the CIT incentives applied to new investment projects in the Economic Zone. The main contents are as follows:
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CIT incentives given new enterprises derived from projects of investment only apply to incomes from business operations that satisfy incentive conditions written on the first enterprise’s Enterprise Registration Certificate or Investment Registration Certificate.
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If the Enterprise Registration Certificate or Investment Registration Certificate of an operating enterprise is changed and such changes do not affect the fulfillment of conditions for tax incentives of the project, the enterprise is still given tax incentives for the remaining period or incentives for investment in expansion if conditions for incentives are satisfied.
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