Official Letter No. 2941/CCTKV15-QLDN3-DON dated June 3, 2025, issued by the Regional Tax Sub-Department XV regarding CIT incentives for expansion investment projects

• In the case where a currently operating company implements an expansion investment project for its existing project—such as scaling up production, increasing capacity, or upgrading production technology at the same location as the ongoing project—if the project meets one of the criteria for expansion investment projects as guided in Point a, Clause 6, Article 18 of Circular No. 78/2014/TT-BTC (as amended and supplemented by Clause 4, Article 10 of Circular No. 96/2015/TT-BTC), the company shall be eligible for Corporate Income Tax (CIT) exemption and reduction for the additional income generated from the expansion. The duration of such exemption and reduction shall be equal to that applicable to new investment projects located in An Phuoc Industrial Park (excluding preferential tax rate entitlements) in accordance with Clause 3, Article 20 of Circular No. 78/2014/TT-BTC (as amended and supplemented by Article 6 of Circular No. 151/2014/TT-BTC).
• In the event that the company opts to apply CIT incentives for the expansion investment project based on the remaining incentive period of the ongoing project, such expansion project must fall within the incentive sectors or geographical areas as prescribed in Decree No. 218/2013/ND-CP dated December 26, 2013, and must also be within the same sector or geographical area as the ongoing project.

For more detailed information about this or related Tax Advisory, please don't hesitate to contact us.
Website: https://kmc.vn/
Hotline: +84 81 489 4789 or +84 91 988 9331
Email: info@kmc.vn