LINH TRUNG 1 EXPORT PROCESSING ZONE HO CHI MINH CITY, VIET NAM
Linh Trung 1 Export Processing Zone is located in Linh Trung Ward, Thu Duc District, Ho Chi Minh City
Linh Trung 1 Export Processing Zone is one of the potential industrial zones of Ho Chi Minh City that is attracting domestic and foreign investors. At the same time, creating jobs and improving the living standards of local workers. The system of trees is arranged alternately between other functional areas to create green space to protect the environment.
Advantages of the traffic of enterprises operating in Linh Trung 1 Export Processing Zone:
The EPZ is planned at the arterial traffic location, having the advantage of both a waterway and a road. The land is extremely convenient for transporting goods, specifically as follows:
Road:
- 16km from The Center of Ho Chi Minh City
- 9km from Thu Dau Mot City
Waterway:
- 26km from VICT Port
- 20km from Cat Lai Port
- 11km from Saigon Port
Airline:
- 20km from Tan Son Nhat International Airport
Investor: Saigon Industrial Park Development Company (Saigon Ipd)
Area: The EPZ was built on a large scale with a total area of 62ha.
Economic planning:
- Production of building materials
- Mechanical, electrical and electronic production
- Producing consumer goods and exporting and processing
Preferential policy at Linh Trung 1 Export Processing Zone:
Incentives on corporate income tax:
- Corporate income tax is exempted for the first 2 years; 50% off for the next 4 years
- If the investment enterprise is in the field of high technology; the enterprise will be entitled to a corporate income tax incentive of 10% within 15 years; since having the Investment Certificate or business registration. In the 16th year, the enterprise’s income tax will be 100% exempt for 4 years; and at the same time reduce 50% of corporate income tax for the next 9 years.
Import and export tax incentives:
- Import and export tax is completely exempted for the production line; equipment used and furnished to the plant.
- Import and export tax is completely exempted when enterprises import raw materials to produce final products.
- VAT exemption for products or materials belonging to temporary import for re-export.
- Tax exemption for profits of foreign enterprises that want to return home after fulfilling all obligations in Vietnam.
Main products of Linh Trung 1 Export Processing Zone:
- Renting office
- Factory for rent is available
- Industrial parkland for rent
- Leasing land and building factories on request
Other facilities of Linh Trung 1 Export Processing Zone:
- Security system
- System of medical facilities
- Internal infrastructure system
- Water supply and drainage system
- Garbage and wastewater treatment system
- Clean water supply system
- Fire protection system
- Automatic wastewater monitoring system
In addition, enterprises operating in Linh Trung 1 Export Processing Zone will be able to use preferential services of the Vinasc Group system. Specific services such as:
- Accounting service
- Auditing service
- Tax consulting service
- Appraisal service
- Established business services
- Legal and license consulting services
- Consulting and building internal control process services
- Work permit, temporary residence services for foreigners
Industrial parks in the same area in Ho Chi Minh City:
- An Ha Industrial Park
- Tan Tao Industrial Park
- Vinh Loc Industrial Zone
- Tan Binh Industrial Zone
- Cat Lai 2 Industrial Park
- Dong Nam Industrial Park
- Phong Phu Industrial Park
- Binh Chieu Industrial Park
- Hiep Phuoc Industrial Park
- Tan Thoi Hiep Industrial Park
- Le Minh Xuan Industrial Park
- Tan Phu Trung Industrial Park
- Tay Bac Cu Chi Industrial Park
- Le Minh Xuan 2 Industrial Park
- Le Minh Xuan 3 Industrial Park
- Ho Chi Minh City Hi-Tech Park
- Tan Thuan Export Processing Zone
- Linh Trung 1 Export Processing Zone
- Linh Trung 2 Export Processing Zone
- Automotive Mechanical Industrial Park
- Le Minh Xuan Expanded Industrial Park