Skip Navigation Linksinvestment

Investment preferential policies

13/09/2019 11:00 |

​On the 30th of January, 2015, the Provincial People’s Committee issued the Dicision 04/2015/QĐ-UBND to promugate the Regulation on Investment Preferential Policies in Ben Tre province.

20661_139201994515_201991384926438_XL.jpg

Giao Long Phase II Industrial Park seen from above. Source: Management Board of Industrial Parks of Ben Tre

In Chapter II of the Regulation, Article 3 stipulates the land use incentives as follow:

1. Socialized investment projects in education, job training, healthcare, culture, sport and environment (see Appendix 1):

a) Eligible for land lease exemption for the whole lease duration in case the land for lease is cleared, except for projects with land use in urban areas

b) In case the investor legitimately acquires land use rights for project deployment, which must abide by land use plannings and regulations when changing the land use purpose, he or she shall be eligible for land lease in accordance with current laws and for preferential treatments in land lease (exemption, reduction) as stipulated at Paragraph 3, Article 6, Decree No 69/2008/NĐ-CP issued on May 30, 2008 by the Government regulating the policy to encourage socialization projects in education, job training, healthcare, culture, sport and environment (which was amended at the Decree No 59/2014/NĐ-CP promulgated on June 16, 2014 by the Government).

2. Projects to build markets in rural areas, which is entitled to receiving special preferential treatment, are entitled to exemption, reduction of land use fee or land lease amount as stipulated at Article 5, Article 6 of Decree No 210/2013/NĐ-CP promulgated on December 19, 2013 by the Government regarding policies to encourage businesses to invest in agriculture and rural areas.

3. Projects to produce light unbaked building materials:

a) Full time land lease exemption is applied for investment projects in areas with especially socio-economically difficult conditions.

b) Land lease exemption is applied during the time of basic construction of no more than 3 years since the day land lease decision is singed. After the basic construction, land lease exemption for another 15 years shall be applicable to investment projects in areas with socio-economically difficult conditions.

4. Projects to invest in infrastructure construction for industrial parks shall be eligible for incentives stipulated at the Decision No 32/2011/QĐ-UBND issued on November 11, 2011 by the Provincial People’s Committee regulating investment incentives for projects in infrastructure construction for industrial parks in Ben Tre province.

5. Projects to invest in infrastructure construction for industrial zones shall be eligible for incentives stipulated at the Decision No 25/2011/QĐ-UBND issued on September 29, 2011 by the Provincial People’s Committee regulating investment incentives for projects in infrastructure construction for industrial zones in Ben Tre province.

Article 4 of the Regulation stipulates incentives in tax, as follow:

1. Import, export taxes: Applicable under Export Tax Law and Import Tax Law.

2. Business income tax: Applicable under the Decree No 218/2013/NĐ-CP issued on December 26, 2013 by the Government stipulating in details and guiding the implementation of the Business Income Tax Law.

And Article 5 stipulates other incentives including incentives for land sublease rate, exemption of land sublease amount, waste water treatment fees and fees for infrastructure utility in Giao Long (Phase II) and An Hiep Industrial parks. These incentives are enlisted in Appendix 2.

Translated by Truong Hung

 ABOUT BEN TRE