The National Assembly has passed the Law on High Technology. This Law takes effect from July 1, 2026.
This law stipulates high-tech activities, policies, measures to encourage and promote high-tech activities and activities related to strategic technology development.
According to the Law on High Technology, the production of high-tech products, the production of strategic technology products and the production of high-tech supporting industrial products belong to industries and professions with special investment incentives in the List of industries and professions with investment incentives according to the provisions of law on investment.
Individuals directly carrying out research and development activities in high technology and strategic technology in high-tech enterprises and strategic technology enterprises are entitled to preferential policies and support in training, fostering, scientific research, technology development, labor, housing, exit, entry, residence, issuance of work permits and are exempt from and reduced personal income tax according to the provisions of the law on science, technology and innovation and other relevant legal regulations.
In addition, strategic technology enterprises are entitled to the highest preferential and supportive policies in accordance with the law on investment, tax law, land law, policies specified in this Law and other policies in accordance with relevant laws.
Projects investing in the production of strategic technology products belonging to the List of strategic technology products entitled to preferential policies and special investment support in accordance with the law on investment.
Group 1 high-tech enterprises are entitled to the highest preferential and supportive policies in accordance with the law on investment, tax law, land law and other policies in accordance with relevant laws.
High-tech enterprises group 2 are entitled to preferential policies and support according to the provisions of investment law, tax law, land law and other policies according to relevant legal regulations.
High-tech product manufacturing enterprises are entitled to preferential policies and support according to the provisions of law on corporate income tax.
