(VEN) – Following the groundbreaking ceremony of the Nghi Son Refinery and Petrochemical Complex, on October 23-24, the People’s Committee of Thanh Hoa Province organized a forum to promote investment into the Nghi Son Economic Zone and its environs.
The leadership of Thanh Hoa Province said that businesses investing in the Nghi Son Economic Zone would be offered an exemption of the land and water surface rent during the time of basic construction and 11-15 years since their projects come into operation. In terms of tax, investors will be subject to a 10 percent corporate income tax rate within 15 years since their projects start operations. They will be offered an exemption of the corporate income tax for four years since they began making taxable incomes and a 50 percent discount of the tax within the next nine years.
According to the People’s Committee of Thanh Hoa Province, up to October 2013, the Nghi Son Economic Zone in Tinh Gia District and local industrial zones had attracted 226 domestic investment projects with total capital of VND100 trillion. The Nghi Son Economic Zone alone attracted 66 projects with total capital of VND93 trillion, accounting for 93 percent of total investment in all industrial zones of the province./.
Quang Nguyen
Đăng ký: VietNam News
