| National taxes |
Corporate and personal income tax |
Any operation that is conducted by a foreign-invested company residing in a free economic zone and declared eligible by the review and resolution of the Free Economic Zone Committee |
Full relief for five years, and 50% relief for the next two years |
- USD 30 million or more (manufacturing, etc.)
- USD 20 million or more (tourism, etc.)
- USD 10 million or more (logistics, etc.)
- USD 2 million or more (any research establishment employing 10 persons or more)
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| Any operation conducted by a foreign-invested company occupant of a free economic zone |
Full relief for three years, and 50% relief for the next two years |
- USD 10 million or more (manufacturing)
- USD 10 million or more (tourism, etc.)
- USD 5 million or more (logistics, etc.)
- USD 5 million or more (health care provider)
- USD 1 million or more (any research establishment employing 10 persons or more)
- USD 10 million or more (service providers)
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| Any development project that addresses planning, financing, design, construction, marketing, leasing, sale, etc. in order to develop a free economic zone |
Full relief for three years, and 50% relief for the next two years |
- USD 30 million or more; or the total cost of the development project for the free economic zone amounting to USD 500 million or more, where foreign investors hold 50% or more interest in the project
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| Customs duties |
Any operation conducted by a foreign-invested company occupant of a free economic zone or by a foreign-invested company that is also a developer of the development project for the zone |
Full relief from customs duties, excise tax and value-added tax (five years, 100%) |
The introduction of capital goods falling within the scope of Articles 2 (1) 8 and 2 (1) 9 of the FIPA |
| Any operation conducted by a foreign-invested company occupant of a free economic zone or by a foreign-invested company that is also a developer of the development project for the zone |
Full relief from customs duties (five years, 100%) |
| Municipal taxes |
Acquisition tax |
Any operation conducted by a foreign-invested company occupant of a free economic zone or by a foreign-invested company that is also a developer of the development project for the zone |
Full relief for seven years, and 50% relief for the next three years |
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| Property tax |
Foreign-invested companies |
Full relief for ten years, and 50% relief for the next five years |
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| Any operation conducted by a foreign-invested company occupant of a free economic zone or by a foreign-invested company that is also a developer of the development project for the zone |
Full relief for six years, and 50% relief for the next four years |
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