Tax and Financial Incentive Policies

Tax Policies: Corporate Income Tax, Personal income tax, Import tax; Accounting policies; Capital market development and sandbox mechanism; Policy for strategic investors

- Membership Registration Procedures

Membership Registration Certificate also serves as the Business Registration Certificate
Processing time: 7 working days
The membership registration and recognition system operates 24/7, integrates diverse electronic payment methods, has a centralized database, and is synchronized between the International Financial Centers in Ho Chi Minh City and Da Nang.

- Tax Policies

Corporate Income Tax: Priority industries enjoy a corporate income tax rate of 10% for 30 years, with exemptions of no more than 4 years and a 50% reduction for no more than 9 subsequent years. The remaining professions also enjoy a preferential tax rate of 15% for 15 years, including a tax exemption of no more than 2 years and a 50% reduction of no more than 4 years thereafter.
Personal income tax: Exemption from personal income tax for managers, experts, scientists, and highly qualified professionals until the end of 2030.
Import tax: Exemption from import tax on machinery, equipment, raw materials, and components imported to create fixed assets for investment projects in the IFC.

- Accounting policies: Allowing banks and insurance companies to choose to apply international financial systems or generally accepted accounting principles.

- Capital market development and sandbox mechanism: Operating a testing mechanism (Sandbox) for Fintech; Developing new capital markets through crowdfunding and green bonds for innovative businesses.

- Policy for strategic investors: Special mechanism for selecting strategic investors; Direct contracting for infrastructure projects of the IFC funded by public investment; Maximizing the reduction of administrative procedures in all areas.