Information from the Management Board of Da Nang High-Tech Park and Industrial Zones, established under Resolution 136/2024/QH15 and Decision 1142/QD-TTg of the Government, the Da Nang FTZ model will enjoy outstanding specific mechanisms and policies, specifically designed to create an attractive and internationally competitive investment environment for FTZ projects as follows:
Tax and customs incentives:
Corporate income tax: Apply the same incentives as for investment projects in economic zones. In particular, actual research and development (R&D) costs are included in the deductible costs to determine taxable income at 150%.
Taxes on goods and services: Applicable as non-taxable zones within economic zones (export tax, import tax, VAT, special consumption tax) for goods and services purchased and supplied in FTZ functional areas and between domestic/outside France.
Customs priority regime: Enterprises with investment projects in FTZ are entitled to preferential treatment in customs procedures for import-export activities, except for import-export turnover conditions.
Land incentives:
Project operation period: Applicable as an investment project in an economic zone.
Exemption and reduction of land rent: Incentives and time for exemption and reduction of land rent apply to investment projects in construction and business of infrastructure of functional areas in economic zones.
One-time land lease: Strategic investors in the fields of AI technology, semiconductors, information technology, innovation, R&D associated with training are selected for the form of State lease of land with one-time land rent collection for the entire lease term.
Special investment procedures:
Simplify business establishment procedures: Foreign investors establishing economic organizations at FTZ do not have to have investment projects and do not have to carry out procedures for granting and adjusting investment registration certificates before establishing economic organizations.
They carry out procedures like domestic investors.
Apply special investment procedures and order according to the provisions of the law on investment.
Other support:
Providing free status-of-way survey data with laser scanning technology, photogrammetry, Lidar on the BIM-GIS platform.
Support from the city budget for strategic investors in the field of semiconductor microchips and artificial intelligence does not exceed 5% of the total cost of purchasing equipment, moving assets, lines, equipment, technology, and costs for new investment projects.
partially support the cost of hiring highly qualified human resources.
Support training and development costs for subjects majoring in semiconductor microchips and artificial intelligence.
Policy on treatment of income and accommodation costs for experts and scientists.
