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Muong So Industrial Park In Lai Chau Province

MUONG SO INDUSTRIAL PARK LAI CHAU PROVINCE, VIET NAM

Muong So Industrial Park is located in Phong Tho District, Lai Chau Province.

Muong So Industrial Park is one of the potential industrial zones of Lai Chau province 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 Muong So Industrial Park

The industrial park has a strategic location for business and industrial development, flat terrain, convenient for goods transportation and circulation because it is adjacent to big cities with wide ports and national highways, specifically as follows:

Road:

  • 414km from Hanoi City Center
  • 132km from Noi Bai – Lai Chau Highway

Waterway:

  • 273km from Nam Dinh Port
  • 542km from Hai Phong Port

Airline:

  • 420km from Noi Bai International Airport

Investor: Lai Chau Industrial Park Management Board

Area of Muong So Industrial Park: The industrial park was built on a large scale with a total area of 150ha.

Economic planning:

  • Processing agricultural, forestry and food products
  • Producing building materials and handicrafts

Preferential policies at Muong So Industrial Park:

Corporate income tax incentives

  • Preferential tax rate of 10% for a period of 15 years applies to: Newly established enterprises from investment projects in the province.
  • The period of application of the preferential tax rates specified in this Section is counted from the first year the enterprise has revenue from activities entitled to tax incentives.
  • At the end of the time limit for applying the preferential tax rate, the investor must pay corporate income tax at the tax rate prescribed in the current Law on Corporate Income Tax.
  • Tax exemption for 4 years, 50% reduction of payable tax for the next 9 years for newly established enterprises from investment projects in the province.
  • The tax exemption and reduction period specified in this section shall be calculated continuously from the first year the enterprise has taxable income from the investment project; in case the enterprise has no taxable income in the first three years, counting from the first year of revenue from the investment project, the tax exemption or reduction period is counted from the fourth year.
  • In the first tax year in which the enterprise has production and business activities entitled to tax exemption or reduction for less than 12 (twelve) months, the enterprise is entitled to tax exemption or reduction in that year or registers with tax authorities start to enjoy tax exemption or reduction from the next tax year.

Import duty-free offer

  • Exemption from tax for the first time for goods being imported equipment.
  • Exemption from import tax on goods imported to create fixed assets of investment projects in industrial parks.
  • Exemption from import tax for plant varieties and livestock breeds permitted to be imported to implement investment projects in the fields of agriculture, forestry and aquaculture.

Main products of Muong So Industrial Park:

  • Factory for rent is available
  • Industrial parkland for rent
  • Leasing land and building factories on request

Other utilities of Muong So Industrial Park:

  • Security system
  • 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, businesses operating in Muong So Industrial Park, Lai Chau province will be able to use preferential services of the Vinasc Group system. Specific services such as:

  • Accounting services
  • 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 zones and clusters in the same area in Lai Chau Province:

  • Tam Duong Industrial Park
  • Than Uyen Industrial Cluster
  • Muong So Industrial Park