Tax incentives
Incentives on Corporate Income Tax
With effect from 1 January 2009, the Law on CIT introduces a standard CIT rate
of 25% for both local enterprises and FICs.
Preferential rates
Other than the standard rate, preferential rates of 10% and 20% apply to a number
of investment projects which satisfy certain conditions such as investment in
certain fields of business and/or encouraged geographical locations.
Specifically: