Official Letter No. 1482/CT-CS dated May 30, 2025, which provides guidance on corporate income tax (CIT) policy relating to new and expansion investment projects

Pursuant to Clause 3 and 4, Article 10 of Circular No. 96/2015/TT-BTC, and Clause 1 of Article 13 of Circular No. 96/2015/TT-BTC:

From January 1, 2015 onwards, in cases where the location of an enterprise’s investment project is reclassified into a tax-incentive area, the enterprise is entitled to corporate income tax incentives for the remaining incentive period, starting from the tax period in which the reclassification takes effect.

In the case of the Company’s project satisfies the conditions to qualify asan expansion investment project as prescribed in Clause 4, Article 10 of Circular No. 96/2015/TT-BTC, the enterprise may opt to either:

(i) Continue enjoying the remaining tax incentives applicable to the currently operating project, or

(ii) Apply tax exemption or reduction on the additional income generated from the expansion investment, for a duration equal to that applicable to new investment projects in the same area or within the same business line eligible for CIT incentives.

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