Uni 15-12-2014 - Guidance on investment law of 2014

On 26 Nov 2014, National assembly ratified investment law No. 67/2014/QH13.

1. According to new investment law, some objects are applied to investment incentives:

• Investment project has capital capacity from 6,000 billion VND, disburse at least 6,000 billion VND within 03 years from the date of being investment certificate or investment decision of investors.
• Investment projects in rural areas having more 500 employees

2. Incentive investments are applied to new investment projects and extension investment project. Incentive level for each investment incentive is complied with regulations of Tax law and land tax.
3. Lists of drugs; chemical, mineralogical materials; specimens of animals, wild animals and plants as stipulated in Appendices 1, 2, 3 issued together with this Law.
4. Lists of business lines having conditions stipulated in Appendix 4 of this Law.