TAY LONG CHAO INDUSTRIAL PARK DIEN BIEN PROVINCE, VIET NAM
Tay Long Chao Industrial Park is located in Thanh Nua Commune, Dien Bien District, Dien Bien Province.
Tay Long Chao Industrial Park was established and officially put into operation, not only serving the general development of Dien Bien province, attracting investment from domestic and foreign investors but also helping to create jobs. , thereby improving the living standards for 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 Tay Long Chao Industrial Park:
Tay Long Chao Industrial Park is planned in an area with a favorable geographical position, creating favorable conditions for providing an abundant labor source for the factory here. Tay Long Chao industrial cluster is located at a convenient traffic location, specifically:
- The North borders on Hua Thanh Commune
- The East borders Dien Bien Phu City
- To the south, it borders Dien Bien Phu City and Thanh Luong Commune
- The West borders the Lao People’s Democratic Republic 2.5 km
Road:
- Located 182km from Son La City
- Located 193km from Lai Chau City
- Located 30km from Dien Bien Phu City
Waterway:
- 169km from Da River
- 87km from Red River
Investor: Updating
Area of Tay Long Chao Industrial Park: The industrial park was built on a large scale with a total area of 6,427ha.
Economic planning:
- Sugar processing industry
- Coffee processing industry
- Fruit processing industry
- Pulp processing industry
- Bamboo and rattan-making industry
Preferential policies at Tay Long Chao Industrial Park:
Corporate income tax incentives:
Preferential tax rates and duration of application of corporate income tax rates.
- New business establishments established from investment projects implemented in Dien Bien province, independently planning econometrics and registering to pay the declared corporate tax, are entitled to the tax rate of 10% applicable for a period of time. 15 years since the beginning of production and business activities.
- In case new business establishments are established from investment projects in industries, trades and fields on the list of fields of special investment incentives and with great socio-economic influence of the province, they should be encouraged to be higher. , Dien Bien province will submit to the Ministry of Finance and the Prime Minister for permission to enjoy the tax rate of 10% during the project implementation period.
Tax exemption, tax reduction:
Newly established business establishments from investment projects or relocating business establishments are entitled to tax exemption or reduction as follows:
- Tax exemption for 02 years from the date of having taxable income and a reduction of 50% of payable tax amount for the next 02 years, for business moving locations out of urban areas according to the planning approved by the competent authority. approve.
- Tax exemption for 2 years from the date of taxable income and 50% reduction of payable tax for the next 6 years, for business establishments that move from another place to Dien Bien province in accordance with the approved planning. approved by the competent authority.
- Tax exemption for 4 years from the date of having taxable income and 50% reduction of payable tax for the next 9 years for new business establishments established from investment projects implemented in Dien Bien province .
Business establishments operating in Dien Bien province may invest in building new production lines, expanding their scale, renewing technology, improving the ecological environment, and improving production capacity. Tax exemption or reduction for the additional income brought by this investment is as follows:
- Exemption for 2 years and 50% reduction of payable tax for the next 3 years, for investment projects in industries, trades and fields not in the fields of investment incentives and special investment incentives.
- Exemption for 04 years and reduction of 50% of tax payable for the next 07 years, for investment projects in trades and fields on the list of fields of investment incentives and special investment incentives.
- Business establishments are exempt from corporate income tax for their incomes as prescribed.
- Enterprise income tax exemption for investors contributing capital in the following forms: Patents, technical know-how, technological processes, technical services.
- Business establishments engaged in production, construction, and transportation activities, employing from 10 to 100 female employees and female employees account for more than 50% of the total number of employees who are regularly present or employed on a regular basis. 100 female employees and female employees accounting for 30% of the total number of regular employees of the business establishment are entitled to a reduction in corporate income tax corresponding to the level of expenses for female employees.
Import tax incentives:
- To be exempt from import tax on goods imported to create fixed assets of investment projects. Import tax exemption for 5 years from the beginning of production for raw materials, supplies and components imported for production of investment projects.
Main products of Tay Long Chao Industrial Park:
- Factory for rent is available
- Industrial parkland for rent
- Leasing land and building factories on request
Other utilities of Tay Long Chao 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 Tay Long Chao industrial park 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 Dien Bien Province:
- Mechanical Industrial Cluster
- Mixed Industrial Cluster
- South Industrial Cluster
- East Industrial Cluster
- Muong Lay Industrial Cluster
- Muong Nhe Industrial Cluster
- Tay Long Pan Industrial Park
- Mechanical and Service Industrial Cluster