Favourable development on tax incentives for supportive industries

15 June, 2021

In the view of the tax authorities, projects manufacturing prioritised supporting industry products which were set up before 2015 are not eligible for the very favourable CIT incentives applicable to supportive industries. 

In an effort to ensure equality for all projects manufacturing prioritised supporting industry products, the Government has released Decree 57/2021 (effective on 4 June 2021), which amends and supplements Decree 218/2013 (amended by Decree 12/2015) on CIT incentives for such companies.

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Get in touch

Nguyen Thanh Trung

Partner, Tax Services Leader, PwC Vietnam

Tel: +84 28 3823 0796

Nguyen Huong Giang

Partner, Tax Services, PwC Vietnam

Tel: +84 24 3946 2246

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