The Official Letter No. 393/CT-CS dated April 1, 2025, issued by the Tax Department regarding Corporate Income Tax (CIT) policy

The company producing animal feed, after re-registering the business, changing the name of the investor, converting the business type, and transferring all shares, rights, and obligations of the foreign investor, continues to meet the conditions for CIT incentives prior to the conversion. Therefore, the company producing animal feed is entitled to inherit the CIT incentives according to the investment license issued for the remaining period.

If the income of the animal feed manufacturing company qualifies as income from processing in the agricultural sector in areas that are not classified as regions with difficult socio-economic conditions or areas with particularly difficult socio-economic conditions, this income will be subject to a tax rate of 15% from 2015.

If, during the same period, the company is entitled to multiple tax incentives for the same income, the company may choose to apply the most beneficial tax incentive.

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