LOC SON INDUSTRIAL PARK LAM DONG PROVINCE, VIET NAM
Loc Son Industrial Park is located in Loc Son Ward, Bao Loc Town, Lam Dong Province.
Loc Son Industrial Park is located in the center of industrial crops, tea, coffee, mulberry, food crops, and the mining industry of bauxite, and kaolin. This industrial park has a system of green trees arranged alternately between other functional areas to create green space and isolate it from neighboring residential areas to protect the environment.
Advantages of the traffic of enterprises operating in Loc Son Industrial Park
Loc Son Industrial Park is conveniently located in the center of the main traffic hubs.
- To the west is National Highway 55 connecting with Binh Thuan Provinces
- The North has National Highway 20 connecting Ho Chi Minh City with Da Lat
Road:
- Located 110km from Ho Chi Minh City
- Located 110km from the center of Da Lat City
- Located 270km from Nha Trang City center
Waterway:
- 170km from Saigon Port
- 170km from Binh Thuan Port
Airline:
- 190km from Tan San Nhat International Airport
- 80km from Lien Khuong – Duc Trong Airport
Investor: Loc Son Industrial Park Infrastructure Development Company
Area of Loc Son Industrial Park: The industrial park was built on a large scale with a total area of 185ha.
Economic planning:
- Agro-forestry processing
- Producing mineral extraction
- Producing car glass, motorcycle, and high-grade plastic
- Textile processing technology and home appliances
- Producing stationery, sports equipment
- Producing consumer goods, handicrafts
- Producing high-precision electrical, electronic and mechanical devices
Preferential policies at Loc Son Industrial Park:
Incentives on land use fees and land rents:
Exemption from land rent for a period of time from the date of completion of construction and putting the project into operation:
- Three years from the date of completion of construction and putting the project into operation, for production and business establishments that are relocated according to planning, relocated due to environmental pollution.
- Eleven years from the date of completion of construction and putting the project into operation.
Corporate income tax incentives
Tax incentives:
- Preferential tax rate of 20% is applied for a period of 10 years to newly established enterprises from investment projects.
- The period of application of the preferential tax rate is calculated continuously from the first year the enterprise has revenue from activities entitled to tax incentives.
- At the end of the time of applying the preferential tax rate, the enterprise will switch to applying the 25% tax rate.
Incentives for tax-free and tax-reduction periods:
- Tax exemption for 2 years and 50% reduction of payable tax for the next 4 years for newly established enterprises from investment projects.
- The tax exemption and reduction period is calculated continuously from the first year the enterprise has taxable income from the investment project; In case an enterprise has no taxable income for the first three years, counting from the first year of revenue from an investment project, the tax exemption or reduction period is counted from the fourth year.
- Enterprise income tax incentives are only applicable to enterprises that comply with the prescribed accounting, invoice and document regimes and register and pay corporate income tax according to the declaration.
Preferential import tax
- Goods imported to create fixed assets of the enterprise include:
- Specialized equipment, machinery and means of transport in technological lines that cannot be produced domestically; means of transportation to transport workers, including cars with 24 seats or more.
- Components, details, separate parts, spare parts, jigs, molds and accompanying accessories for synchronous assembly with specialized equipment, machinery and means of transport specified at Points a and b in this account.
- Raw materials and supplies that cannot be produced domestically, which are used to manufacture equipment and machinery in technological lines or to manufacture components, details, separate parts, spare parts, jigs, molds, etc. accompanying accessories for synchronous assembly with the equipment and machinery specified at Point an of this Clause.
- Construction materials that cannot be produced domestically.
- The import tax exemption for imported goods specified in Clause 1 shall apply to the case of project scale expansion, technology replacement, or technological innovation.
- First tax exemption for goods and equipment imported to create fixed assets of the project eligible for import tax incentives; Including: Water supply systems of all kinds.
- Air conditioning and ventilation system; Fire prevention and fighting system; Garbage and wastewater treatment system; Protective equipment system.
- Raw materials, supplies and semi-finished products that cannot be produced domestically and which are imported to serve the production of projects on the list of sectors in which investment is encouraged; semi-finished products which cannot be domestically produced and which are imported to serve the production of projects on the list of sectors specially encouraged for investment are exempt from import tax for a period of 5 (five) years from the date of commencement of production. export.
Main products of Loc Son Industrial Park:
- Industrial parkland for rent
- Factory for rent is available
- Leasing land and building factories on request
Other facilities of Loc Son Industrial Park:
- Security system
- Internal infrastructure system
- Water supply and drainage system
- Clean water supply system
- Garbage and wastewater treatment system
- Fire protection system
- Automatic wastewater monitoring system
In addition, businesses operating in Loc Son Industrial Park, Lam Dong Province 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
- Legal and license consulting services
- Established business services
- Consulting and building internal control process services
- Work permit, temporary residence services for foreigners
Industrial parks in the same area in Lam Dong Province:
- Phu Hoi Industrial Park
- Tan Phu Industrial Park