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blue-check Regarding EIT incentives for projects of investment in software production

Official letter No. 42537/CTHN-TTHT dated August 29th, 2022 of the Department of Taxation of Ha Noi city regarding enterprise income tax (EIT) incentives for projects of investment in software production
Posted: 5/9/2022 10:07:45 AM | Latest updated: 15/9/2022 2:15:12 PM (GMT+7) | LuatVietnam: 5530 | Vietlaw: 578
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The Department of Taxation of Ha Noi city notes that a project invested in a concentrated information technology zone is only entitled to EIT incentives according to clause 1a Article 15 and clause 1a Article 16 of Decree No. 218/2013/ND-CPstatus2 if this concentrated information technology zone is established under Decision of the Prime Minister. If the project is executed in a concentrated information technology zone established under Decision of the Ministry of Information and Communication, it shall not be entitled to EIT incentives.

With regard to projects invested in production of software products, the EIT incentive policy shall be carried out according to the regulations at point b clause 1 Article 11 of Circular No. 96/2015/TT-BTCstatus2 . Accordingly, the project shall be entitled to the preferential tax rate of 10% for 15 years and tax exemption for 4 years, 50% reduction in payable tax amounts for 9 subsequent years.

Ms Phuong Thao (VietlawOnline.com)
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Published Vietlaw's Newsletter No. 578

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