Dai Dang Industrial Park

Dai Dang Industrial Park

1. INTRODUCTION

– Establishment Decision No. 453/GP-BD, issued on 18^th October 2005 by Binh Duong People’s Committee.

– Investment Certificate No. 462023000442 issued by Management Board of Binh Duong Industrial Parks, sixth revision on 26 ^th March 2010.

– Decision No. 4038/QĐ-UBND, dated on 12/09/2006 by Binh Duong People’s Committee Chairman to approve the master plan in detail.

3. STRUCTURE OF LAND USE

– Location: 22 km away from Tan Son Nhat airport, 20 km from Tan Cang, 4 km from highway 13; 12 km from Song Than port, 30 km from Ho Chi Minh City.

– Total investment capital: 416 billion VND.

– Leasing Land: 166,04 ha.

– Industrial nature: mixed industrial park .

– Infrastructure facilities: roads designed for residential streets standards, level 4, speed 40 km/h, designed loading capacity: 10 tonnages. Road surface was hot asphalt concrete. Other Binh Duong investors implemented systems of water supply, electricity and communication.

– Plant for Centralized wastewater treatment: daily capacity 5,320 m³ , first phrase: daily capacity 1,000 m³_.

– Operative year: 18^th October 2005.

– Total implementing capital: 315.75 billion VND.

– Re-Leasing land: 76.08 ha, filled land percentage 45.82%.

– Land re-leasing Price (reference): 65 USD/m²_.

1.  Land use levy exemption or reduction:

Subjects entitled to land use levy exemption or reduction; Exemption or reduction of land and water surface rents of the State; Exemption or reduction of land use levy upon change of land use purpose is specified in Article 5,6,7,8 of Decree No. 210/2013 / ND-CP dated December 19, 2013 of the Government on encouraging   businesses to invest in agriculture and rural areas. dai dang industrial park

In addition, economic organizations, households and individuals that are leased land by the State according to the provisions of the Land Law to grow rubber tree with the rubber plantation area are re-cultivated from January 1, 2015 to December 31, 2020 is exempt from land rent according to Official Letter No. 9549 / BTC-QLCS dated July 12, 2016 of the Ministry of Finance, as follows:

• In cases the replanting has been carried out before January 1, 2015 but still in basic construction period, the land rent is exempted for the remaining time of basic necessity from January 1, 2015 but no more than December 31, 2020.
• In case the replanting is carried out in the period from January 1, 2015 to December 31, 2020, the land rent exemption period is from the beginning to the end of the re-cultivation but no more than 31/12/2020.
• Projects to invest in agriculture and rural areas in Binh Duong province are on the list of fields with special investment incentives in agriculture and rural areas specified in Decree No. 210/2013 / ND-CP dated December 19, 2013 of the Government on encouraging enterprises to invest in agriculture and rural areas to enjoy the following incentives:
• In case of land allocation by the State, a 50% reduction of land use fees must be paid to the State budget for such investment project. dai dang industrial park
• In case of land or water surface lease from the State, they will be exempt from land rent or water surface rent for 11 years from the date the project is completed and put into operation.

2.  Corporate income tax:

a) Apply the tax rate of 10% to the following incomes (Clause 2, Article 15, Decree No. 218/2013 / ND-CP dated December 26, 2013 of the Government)

Income of the enterprise from: planting, tending and protecting forests; production, multiplication and crossbreeding of plants and animals; post-harvest preservation of agricultural products, preservation of agricultural, aquatic and food products.

• A preferential tax rate of 10% in 15 years for: income of enterprises from implementing new investment projects in the fields of: scientific research and technological development; applying high technologies on the list of high technologies given priority for investment and development under the provisions of the Law on High Technologies; High-tech incubation, high-tech business incubation; investment in construction – business in hi-tech incubators and hi-tech business incubators; development of biotechnology.

b) Exemption of corporate income tax (Clause 2 Article 8 of Circular No. 78/2014 / TT-BTC dated June 18, 2014) for:

• Income from the implementation of technical services directly serving agriculture includes: income from irrigation and drainage services; harrowing land; dredging of canals and interior fields; pest and disease control services for plants and animals; service of harvesting agricultural products.

3. Import tax:

• Import tax exemption for domestic equipment and technology that cannot be exported for businesses implementing hi-tech agricultural projects;
• Import tax exemption for plant varieties; livestock breeds; fertilizers and plant protection drugs that cannot be produced domestically and need to be imported according to regulations of competent state management agencies (Pursuant to the Law on Import and Export);
• Import tax exemption for imported goods to create fixed assets for enterprises according to regulations (Pursuant to Decree No. 134/2016 / ND-CP dated September 1, 2016 of the Government).

4. Authority of recognition: hi-tech agricultural enterprises and hi-tech agricultural regions.

• For agricultural enterprises applying high technology: According to Article 2 of Circular No. 50/2011 / TT-BNNPTNT of the Ministry of Agriculture and Rural Development guiding the implementation of Decision No. 69/2010 / QD – On November 3, 2010 of the Prime Minister on the authority, order and procedures for recognition of agricultural enterprises applying high technology, “the Ministry of Agriculture and Rural Development has the authority to issue the certificate to agricultural enterprises applying high technology “.
• For hi-tech agricultural areas: According to Article 3 of the Prime Minister’s Decision No. 66/2015 / QD-TTg dated December 25, 2015 on criteria, competence and order and procedures for recognition for hi-tech agricultural areas, “the Provincial People’s Committee has the authority to issue the certificate to the hi-tech applied agricultural areas”.