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My Phuoc Industrial Park In Binh Duong Province

MY PHUOC INDUSTRIAL PARK BINH DUONG PROVINCE, VIET NAM

My Phuoc Industrial Park is located at My Phuoc Town, Ben Cat District, Binh Duong Province

My Phuoc Industrial Park is one of the potential industrial parks of Binh Duong 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 clusters to create green space to protect the environment.

Advantages of the traffic of enterprises operating in My Phuoc Industrial Park

One of the advantages of My Phuoc Industrial Park is its prime location, convenience to go to important areas, and saving a lot of cost and time when transporting goods or importing and exporting. As follows:

Road:

  • Distance to Ho Chi Minh City 45km
  • Distance to Thu Dau Mot City 14km

Waterway:

  • Distance to Tan Cang Port 32km
  • Distance to ICD Phuoc Long Port 42km

Airline:

  • Distance to Tan Son Nhat International Airport 42km

Investor: Industrial Development and Investment Corporation – One Member Limited Liability Company (Becamex IDC).

Industrial park area: Currently, the area of My Phuoc Industrial Park is 276.28ha.

Economic planning:

  • Electrical industry, manufacturing machinery, equipment and spare parts for industrial and household electricity.
  • Electronic industry, informatics, information and telecommunications, warehouse.
  • Light industry: children’s toys, imitation jewelry, sewing, footwear, ceramic products, glass, crystal.
  • Processing consumer goods and exporting (food, instant noodles)
  • Mechanical processing industries such as manufacturing and assembling watches, optical devices and instruments.
  • Mechanical engineering industry, manufacturing and repairing machinery, construction mechanics.
  • Industry producing fine art wood for export, office equipment, hotels, interior decoration.
  • Plastic products, metal, household tools

Preferential policies at My Phuoc Industrial Park

Tax incentives, corporate income tax

  • Corporate income tax rate of 10% for a period of 15 years, tax exemption for 4 years and 50% reduction of payable tax for the next 9 years.
  • Tax rate of 17% for 10 years, tax exemption for 2 years, and 50% reduction of payable tax for 4 years.
  • Preferential tax rate of 10% for a period of 15 years for: incomes of enterprises from implementing new investment projects in the fields of: scientific research and technological development; high-tech applications on the list of hi-tech prioritized for development investment in accordance with the Law on High Technology; high-tech incubation, high-tech enterprise incubation; investment in construction – business of high-tech incubators, high-tech enterprise incubation; biotechnology development.

Value-added tax incentives

Enterprises receive the highest value-added tax incentives when:

  • The enterprise is a high-tech enterprise; enterprises producing products on the list of high-tech products encouraged for development; hi-tech agricultural enterprises.
  • Enterprises applying high technology on the list of high technologies prioritized for development investment

Import tax incentives

To be exempt from tax on goods imported to create fixed assets of beneficiaries of incentives in accordance with the law on investment, including:

  • Devices; components, details, separate parts, spare parts for synchronous assembly or synchronous use with machinery and equipment; raw materials and supplies used to manufacture machinery and equipment or to manufacture components, details, separate parts and spare parts of machinery and equipment.
  • Specialized means of transport in the technological line directly used for production activities of the project. Construction materials cannot be produced domestically.

Main products of  My Phuoc Industrial Park

  • Industrial land for rent
  • Build factories on demand
  • Industrial factory for rent is available

Other facilities of My Phuoc Industrial Park

  • System of fire
  • Grid power system
  • Security system protection
  • Wastewater treatment system
  • Internal transportation system
  • Clean water supply system
  • Communication systems

In addition, businesses operating in the My Phuoc Industrial Park, Binh Duong province will be able to use the 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 zones and clusters in the same area in Binh Duong province

  • KSB Industrial Park
  • Dong An Industrial Park
  • Kim Huy Industrial Park
  • Binh An Industrial Park
  • Tan Binh Industrial Zone
  • Bau Bang Industrial Park
  • My Phuoc Industrial Park
  • Dai Dang Industrial Park
  • Thoi Hoa Industrial Park
  • Viet Huong 1 Industrial Park
  • Viet Huong 2 Industrial Park
  • Binh Duong Industrial Park
  • Song Than 1 Industrial Park
  • Mai Trung Industrial Park
  • Tan Dong Hiep A Industrial Park
  • Tan Dong Hiep B Industrial Park
  • Nam Tan Uyen Industrial Park
  • Protrade International Industrial Park
  • Mapletree Industrial Park
  • Viet Nam – Singapore Industrial Park