1. Decree 57/2021/ND-CP on tax incentives for enterprises manufacturing supporting industrial products
Decree 57/2021/ND-CP provides corporate income tax (CIT) incentives for projects manufacturing supporting industrial products. The purpose is to encourage businesses to invest in this field, contributing to economic development.
Enterprises are eligible for incentives if they meet the following conditions:
1. Having a new or expanded investment project
2. Producing products in the list of priority supporting industries
3. Implementing the project before 1/1/2015
4. Meeting the requirements under Law 71/2014/QH13
5. Being granted a certificate of incentives from a competent authority
The Decree stipulates 4 cases where enterprises are entitled to incentives:
1. Never enjoyed corporate income tax incentives: enjoy incentives from the tax period for which the certificate is issued
2. The incentive period under other conditions has expired: enjoy incentives for the remaining period
3. Currently enjoying incentives under other conditions: can switch to enjoying new incentives for the remaining period
4. Has exhausted all incentives under other conditions: enjoy new incentives for the remaining period
The remaining preferential period is calculated by taking the total preferential period under the new regulations minus the preferential period under the old conditions (if any). Specifically:
- Remaining tax exemption period = New tax exemption period - Enjoyed tax exemption period
- Remaining tax reduction period = New tax reduction period - Enjoyed tax reduction period
- Remaining preferential tax rate application period = New preferential tax rate period - Enjoyed preferential tax rate period
If the application of the new regulations leads to a decrease in the amount of declared or collected corporate income tax or late payment fees, the enterprise can submit a written request for adjustment to the direct tax authority. If after the adjustment there is an excess payment, the enterprise will be handled according to the provisions of Article 60 of the Law on Tax Administration.
Applying this tax incentive will help enterprises reduce costs and increase competitiveness in the market. Enterprises should carefully study the regulations to maximize the benefits of this policy. They can consult experts to understand how to apply it to their specific cases.
2. List of priority supporting industrial products for domestic development produced before January 1, 2015 according to Circular 19/2021/TT-BTC
I. Textile industry
|
No |
Priority product development |
Domestically produced products |
||||
|
Name |
HS code |
Details |
||||
|
1 |
Synthetic fiber: PE, Viscose |
PSF polyester fiber |
5503 |
20 |
00 |
|
|
2 |
Knitting yarn, woven yarn; high tenacity Polyester yarn, Spandex yarn, high tenacity nylon |
Fiber |
5205 |
|
|
HS code: 52053300, 52052200, 52054200, 52052300, 52054300, 52051200, 52051400, 52053200, 52051300, 52051100, 52052300, 52052400 |
|
Fiber |
5404 |
|
|
HS code: 54041900, 54041200 |
||
|
Fiber polyester filament |
5402 |
33 |
00 |
|
||
|
Fiber |
5509 |
|
|
HS code: 55091100, 55091200, 55092100, 55092200, 55095100, 55095300, 55096200 |
||
|
Fiber |
5510 |
|
|
HS code: 55101100, 55103000, 55101200 |
||
|
3 |
Fabric: Technical fabric, non-woven fabric, knitted fabric, woven fabric |
Woven fabrics of cotton, containing 85% or more by weight of cotton, weighing not more than 200 g/m2 |
5208 |
|
|
HS code: 52081100, 52081200, 52081300, 52081900 |
|
Jeans of all kinds |
5209 |
22 |
00 |
Vải dệt bằng nguyên liệu 100% cotton, cotton polyester, cotton polyester pandex... trọng lượng từ 7 đến 15 OZ, khổ vải 55 inches đến 63 inches, chỉ số sợi 6 đến 16 Ne |
||
|
Woven fabrics of cotton, containing 85% or more by weight of cotton, weighing more than 200 g/m2 |
5209 |
|
|
HS code: 52091100, 52091200 |
||
|
Kate 65/35, 83/17 |
5210 |
11 |
00 |
|
||
|
Other woven fabrics of cotton |
5212 |
|
|
HS code: 52121300, 52122300, 52129000 |
||
|
Polymer woven fabric |
5407 |
72 |
00 |
|
||
|
Woven fabrics of synthetic staple fibres, containing less than 85% by weight of such fibres, mixed mainly or solely with cotton, of a weight not exceeding 170 g/m2 |
5513 |
|
|
HS code: 55132300, 55133100 |
||
|
Woven fabrics of synthetic staple fibres, containing less than 85% by weight of such fibres, mixed mainly or solely with cotton, of a weight exceeding 170 g/m2 |
5514 |
|
|
HS code: 55142100, 55142200 |
||
|
Other woven fabrics of synthetic staple fibres, blended solely with Visco rayon |
5515 |
11 |
00 |
Twill and spot-dyed fabric for shirts and pants |
||
|
Other woven fabrics of synthetic staple fibres, mixed solely with wool or fine animal hair |
5515 |
13 |
00 |
Uniform and fashion fabric with dot and cross weave |
||
|
Other woven fabrics of synthetic staple fibres, blended with wool and Visco rayon fibres |
5515 |
19 |
00 |
Uniform fabric, fashion woven with dot and diagonal patterns |
||
|
Treated canvas |
5901 |
90 |
20 |
|
||
|
Stiffened woven fabric |
5901 |
90 |
90 |
|
||
|
Fabrics impregnated, coated or covered with other materials |
5907 |
0 |
90 |
Vái dệt được tráng chống thấm |
||
|
Cotton knitted fabric |
6006 |
22 |
00 |
Dyed |
||
|
Knitted fabric |
6812 |
80 |
|
All Types |
||
|
Kimono fabric |
5007 |
20 |
90 |
Embroidery according to sample |
||
|
4 |
Sewing thread in textile industry |
Coconut fiber |
5308 |
10 |
00 |
Tangled thread, smooth thread |
|
Sewing thread made from synthetic staple fibers |
5508 |
|
|
|
||
|
5 |
Garment accessories: Buttons, mex, zippers, elastic bands |
Woven labels of all kinds |
5807 |
10 |
00 |
|
|
Cotton, cotton ceiling panels, cotton wool |
5201 |
00 |
00 |
|
||
II.Leather and footwear industry:
|
No |
Priority product development |
Domestically produced products |
||||
|
Name |
Hs Code |
Details |
||||
|
1 |
Shoe sole, shoe tip, shoe laces |
Cotton and polyester shoe laces |
5609 |
|
|
|
|
Shoe uppers and parts thereof, excluding insoles of rigid material in uppers |
6406 |
10 |
|
|
||
|
Parts of footwear (including uppers whether or not attached to soles other than outer soles); removable insoles, heels and similar articles; gaiters, leggings and similar articles, and parts thereof |
6406 |
|
|
|
||
|
2 |
Tanning chemicals |
PU resin for screen printing ink |
3208 |
90 |
90 |
Used for printing leather shoes |
III. Electronics Industry
|
No |
Priority product development |
Domestically produced products |
||||
|
Name |
HS code |
Details |
||||
|
1 |
Basic electronic and optoelectronic components: Transistors, integrated circuits, sensors, resistors, capacitors, diodes, antennas, thyristors |
Mobile phone vibration motor |
8501 |
10 |
60 |
|
|
Brushed motor |
8501 |
10 |
91 |
QK1-5868-000A, S8-71961, S8-71957, S8-71958, S8-71969, S8-71983, SS8-71974 (For Printers) |
||
|
Camera module for mobile phone |
8717 |
70 |
21 |
|
||
|
Anti-electromagnetic interference plate for mobile phone/computer |
8517 |
70 |
21 |
|
||
|
REF cable connection |
8517 |
70 |
99 |
UY2; UY-POSTEF |
||
|
Photosensitive semiconductor devices, including photovoltaic cells, whether or not assembled in modules or made up into panels; light-emitting diodes |
8541 |
40 |
|
|
||
|
Spare parts and accessories for transmission machines |
8529 |
10 |
40 |
Used in radio and television: splitters, adders, filters, channel adders |
||
|
Aluminum capacitor |
8532 |
22 |
00 |
Capacitor, fixed, variable or adjustable (to a predetermined level) |
||
|
Ceramic capacitor |
8532 |
24 |
00 |
Capacitor, fixed, variable or adjustable (to a predetermined level) |
||
|
Plastic capacitor |
8532 |
29 |
00 |
Capacitor, fixed, variable or adjustable (to a predetermined level) |
||
|
Printed circuit board |
8534 |
00 |
10 |
Printed circuit board |
||
|
RF high frequency connector |
8536 |
69 |
19 |
Input-output connector |
||
|
FPC connector for mobile phone |
8536 |
69 |
19 |
|
||
|
Diodes, other than photosensitive or light-emitting diodes |
8541 |
10 |
00 |
|
||
|
Transistors, except photosensitive transistors |
8541 |
21 |
00 |
|
||
|
Thyristors, diacs and triacs, excluding photosensitive devices |
8541 |
30 |
00 |
|
||
|
Integrated circuit |
8542 |
|
|
|
||
|
Mobile phone camera |
8543 |
90 |
90 |
|
||
|
Camera components |
7326 |
90 |
99 |
Details related to the shell |
||
|
2 |
Electric wires and cables, LED lights, phone headphones and speakers |
Flat solenoid wire |
7408 |
11 |
00 |
Maximum cross section 50 mm2 |
|
Bare copper cable |
7413 |
|
|
|
||
|
Electronic cable |
8544 |
42 |
99 |
|
||
|
Fiber optic cable |
8544 |
70 |
|
TCVN 8665:2011 (Optical transmission including telephone cables, telegraph cables and submarine radio relay cables) |
||
|
Telephone, telegraph and radio relay cables, submarine |
8544 |
42 |
11 |
For telecommunications, voltage not exceeding 80 V |
||
|
Plastic coated electric cable, cross section not exceeding 300mm2 |
8544 |
42 |
19 |
For telecommunications, voltage not exceeding 80 V |
||
|
Telephone cable, telegraph cable, radio relay cable |
8544 |
42 |
19 |
For telecommunications, voltage not exceeding 80 V |
||
|
Telephone, telegraph, radio relay cables, submarine |
8544 |
42 |
20 |
For telecommunications, voltage above 80 V but not exceeding 1,000 V |
||
|
Plastic insulated cable, cross section not exceeding 300 mm2 |
8544 |
42 |
90 |
For telecommunications, voltage above 80 V but not exceeding 1,000 V |
||
|
Plastic coated electrical wire |
8544 |
42 |
90 |
For telecommunications, voltage above 80 V but not exceeding 1,000 V |
||
|
Telephone, telegraph and radio relay cables, submarine |
8544 |
49 |
11 |
For telecommunications, voltage not exceeding 80 V |
||
|
Telephone cables, telegraph cables and radio relay cables |
8544 |
49 |
19 |
For telecommunications, voltage not exceeding 80 V |
||
|
Telephone cables, telegraph cables and cables for radio repeater stations, submarine |
8544 |
49 |
31 |
For telecommunications, voltage above 80 V but not exceeding 1,000 V |
||
|
Telephone cables, telegraph cables and radio relay cables |
8544 |
49 |
39 |
For telecommunications, voltage above 80 V but not exceeding 1,000 V |
||
|
Control cable |
8708 |
29 |
12 |
|
||
|
Optical fibers, optical fiber bundles and optical fiber cables |
9001 |
10 |
10 |
Use for telecommunications or other electrical industries |
||
|
Headphones with headband |
8518 |
30 |
10 |
|
||
|
Headphones without headband |
8518 |
30 |
20 |
|
||
|
Speaker, no box |
8518 |
29 |
20 |
Has a frequency range of 300 Hz to 3,400 Hz, has a diameter not exceeding 50 mm, used in telecommunications |
||
|
TT |
Priority product development |
Domestically produced products |
||||
|
Name |
HS Code |
Details |
||||
|
1 |
Frame - body - door: Punched sheet details, chassis, truck bed, steps, door assemblies |
Reflective aluminum signs |
9405 |
60 |
90 |
Used for cars, motorcycles, traffic signs |
|
Product label |
3919 |
90 |
90 |
|
||
|
Bumpers and accessories |
8708 |
10 |
90 |
|
||
|
Front floor frame panel |
8708 |
29 |
95 |
|
||
|
Middle floor skeleton |
8708 |
29 |
95 |
|
||
|
Left anterior floor skeletal plate |
8708 |
29 |
95 |
|
||
|
Right anterior floor frame plate |
8708 |
29 |
95 |
|
||
|
Rear floor frame panel |
8708 |
29 |
95 |
|
||
|
Anterior medial plate |
8708 |
29 |
95 |
|
||
|
Left outer frame frame panel |
8708 |
29 |
95 |
|
||
|
Right side outer frame panel |
8708 |
29 |
95 |
|
||
|
Left inner center column |
8708 |
29 |
95 |
|
||
|
Right inner center column |
8708 |
29 |
95 |
|
||
|
Middle column inside left bottom |
8708 |
29 |
95 |
|
||
|
Middle column inside right bottom |
8708 |
29 |
95 |
|
||
|
Dashboard stiffener |
8708 |
29 |
95 |
|
||
|
CKD unwelded body (of passenger cars) |
8708 |
29 |
93 |
|
||
|
Welded cabin |
8707 |
90 |
90 |
Truck type with weight up to 20 tons |
||
|
Cabin CKD |
8708 |
29 |
99 |
Truck type with weight up to 20 tons |
||
|
Chassis |
8708 |
99 |
90 |
Truck type with weight up to 20 tons |
||
|
Chassis |
8708 |
99 |
62 |
|
||
|
2 |
Suspension system: Leaf springs, springs, shock absorbers |
Leaf springs and springs |
7320 |
10 |
11 |
Quality standards DIN2094:2006 |
|
Tension and compression springs |
7320 |
20 |
00 |
For cars, construction machines.... Wire diameter 8-30mm, spring diameter 50-300mm |
||
|
Leaf spring |
7320 |
10 |
11 |
Quality Standards DIN2094:2006 |
||
|
Silver tweezers |
8483 |
30 |
30 |
For vehicles from 1.25 tons and up |
||
|
Silver spare parts |
8483 |
40 |
00 |
For gears and gearing, other than toothed wheels, chain sprockets and other transmission elements presented separately; ball or roller screws; gear boxes and other speed changers, including torque converters. |
||
|
Balanced Silver |
8483 |
99 |
93 |
Installed for trucks with load capacity from: (8 - 70) Tons. |
||
|
|
|
Car tweezers |
8708 |
99 |
93 |
For trucks weighing from: 0.5-70 tons. For passenger cars and buses from: 12-80 seats. For cars from: 1-9 seats. Leaf width: 40-150mm. Leaf thickness: 5-45mm. |
|
3 |
Wheels: Aluminum alloy tires and rims |
Heavy truck tires |
4011 |
20 |
|
Maximum load from 1750kg to 5525kg, outer diameter from 880mm to 1230mm |
|
Special car tires |
4011 |
|
|
Maximum load from 2937kg-61500kg, outer diameter from 1220mm-3045mm |
||
|
Light truck tires |
4011 |
|
|
Maximum load from 410kg-3050kg, outer diameter from 475mm-972mm |
||
|
Rim |
8708 |
70 |
32 |
|
||
|
4 |
Transmission system: Clutch, gearbox, axle, propeller shaft |
|
|
|
|
|
|
Pipe |
8708 |
40 |
92 |
Used for automotive gearbox oil transmission |
||
|
Clutch components |
8714 |
93 |
10 |
|
||
|
Gear |
8714 |
93 |
90 |
|
||
|
Connector |
7326 |
90 |
99 |
Used for automotive gearbox oil transmission |
||
|
Slider |
7616 |
99 |
99 |
Used for adjusting car gearbox head |
||
|
Cylinder |
8409 |
99 |
44 |
Used for automotive gearbox oil transmission |
||
|
5 |
Brake system |
Brake fluid hose |
8708 |
30 |
29 |
|
|
Accelerator/brake/clutch |
8708 |
99 |
30 |
|
||
|
6 |
Power source: Battery, generator |
Battery |
8507 |
20 |
99 |
|
|
Lead acid battery with tube plate |
8507 |
|
|
Specialized for electric forklifts: capacity from 2V-100Ah to 2V-1000Ah; |
||
|
|
|
Control cable |
8708 |
29 |
12 |
|
|
|
Wires, connectors, fuses, sensors, automatic control devices, processors |
Antenna for car |
8529 |
10 |
30 |
|
|
Wiring harness |
8544 |
30 |
12 |
|
||
|
7 |
Lighting and Signaling Systems: Lights, Horns, Gauges of All Kinds |
Car headlights |
8512 |
20 |
10 |
|
|
Truck headlights under 1 ton |
8512 |
20 |
99 |
|
||
|
Car horn |
8512 |
30 |
10 |
|
||
|
Car speakers |
8518 |
21 |
|
Or HS code 851829 |
||
|
Siren volume increase |
8518 |
50 |
|
|
||
|
8 |
Automobile exhaust treatment system |
Exhaust pipe |
8708 |
92 |
20 |
|
|
9 |
Plastic components for cars |
Plastic products |
3917 |
29 |
00 |
Interior and exterior |
|
10 |
Rubber components, shock absorbing materials |
Rubber hose |
4009 |
42 |
90 |
|
|
Gasket |
4016 |
93 |
20 |
|
||
|
Other products rubber band |
4016 |
99 |
14 |
|
||
|
Airbag fabric for cars |
5911 |
90 |
90 |
|
||
|
11 |
Windshield, wipers, car seats |
Leather products for cars |
4205 |
0 |
40 |
|
|
Tempered safety glass |
7007 |
|
|
Là loại kính cường lực (chịu lực cao, độ bền va đập gấp 5-8 lần, độ bền sốc nhiệt gấp 3 lần so với kính thường) |
||
|
Front and rear windshields; Side window glass |
7007 |
|
|
QCVN 32:2011/BGTVT |
||
|
Rearview mirror |
7009 |
|
|
|
||
|
Car wipers |
8512 |
90 |
20 |
|
||
|
Parts of a seat belt |
8708 |
29 |
20 |
|
||
|
Car seat cover |
9401 |
90 |
10 |
|
||
|
Seat plate |
9401 |
90 |
39 |
|
||
|
Chair set |
9401 |
20 |
|
|
||
|
Passenger seat |
9401 |
20 |
10 |
For motor vehicles |
||
|
No |
Priority product development |
Domestically produced products |
||||
|
Name |
Hs Code |
Details |
||||
|
1 |
Components and spare parts for engines, agricultural machines, shipbuilding |
Agricultural tires |
4011 |
61 |
10 |
|
|
Industrial tires |
4011 |
62 |
10 |
|
||
|
Solid tire |
4011 |
69 |
00 |
|
||
|
Industrial tires |
4013 |
90 |
99 |
|
||
|
Single phase electric motor (not waterproof) |
8501 |
10 |
|
Power up to 2.2 kW, asynchronous capacitor motor, short-circuited rotor |
||
|
Three-phase electric motor (not waterproof) |
8501 |
|
|
Power up to 1000 kW, asynchronous motor, rotor winding from 750 rpm to 3000 rpm |
||
|
Service for shipbuilding: |
||||||
|
Wall panels |
3925 |
90 |
00 |
BM25, BM50 (fire resistance level B-15) |
||
|
Ceiling panels |
3925 |
90 |
00 |
CC25, CC75 (fire resistance level B-0; B-15) |
||
|
Anti-collision pad for boats or docks |
4016 |
94 |
00 |
|
||
|
Anchor chain |
7315 |
82 |
00 |
There are grade 2 bumpers with diameters from 13 to 36mm. |
||
|
Welding wire |
8311 |
|
|
NAEH14 type size f2.4; f3.2; f4.0 mm |
||
|
Type NA71T-1 size f1.0; f1.2; f1.6 mm |
||||||
|
Type NA71T-5 size f1.0; f1.2; f1.6 mm |
||||||
|
Type NA71T-G size f1.0; f1.2; f,6 mm |
||||||
|
Type NA70S size f0.8-f1.6 mm |
||||||
|
Welding rod |
8311 |
|
|
NT6013, NB6013, NA6013, NA7016, NA7018 types have sizes f2.5; f3.25; f4.0; f5.0-f5.4 mm |
||
|
Marine boiler |
8402 |
12 |
|
Steam capacity from 0.5-35 tons of steam/hour |
||
|
|
|
Diesel engine |
8408 |
|
|
Power up to 50 Hp |
|
Ship shaft and propeller system |
8410 |
90 |
00 |
Propeller diameter up to 2m |
||
|
Crane on sea and river ships |
8426 |
11 |
00 |
Lifting capacity up to 540 tons |
||
|
Hydraulic gearbox assembly |
8483 |
40 |
20 |
Diesel engine up to 15CV |
||
|
Floating dock |
8905 |
90 |
10 |
Lifting capacity up to 20,000 tons |
||
|
Aluminum alloy boat hull |
8906 |
|
|
|
||
|
River and sea hull |
8906 |
|
|
up to 12,500 DWT |
||
|
High quality composite materials |
7019 |
90 |
90 |
Composite is made from E-type fiberglass prepreg, used in shipbuilding industry. |
||
|
2 |
Machine parts: High strength bolts, high strength screws, ball bearings, bushings, gears, valves, joints of all kinds, machine housings, punching parts, speed control boxes, hydraulic cylinders |
Bearings |
8482 |
80 |
00 |
24k and 30k Qualifiers |
|
Silver, bronze gloves |
7411 |
22 |
00 |
Up to Ø 1,500 mm |
||
|
High temperature solenoid valve |
8417 |
10 |
00 |
Belongs to main rotary kiln |
||
|
Electric plate valve |
8417 |
10 |
00 |
Belongs to main rotary kiln |
||
|
Valves of all kinds |
8481 |
20 |
90 |
|
||
|
Brass valve |
8481 |
30 |
20 |
|
||
|
One way valve |
8481 |
30 |
20 |
Max working pressure 16kg/cm2. Max working temperature 120 degrees C |
||
|
Brass gate valve |
8481 |
80 |
61 |
Max working pressure 16kg/cm2. Max working temperature 120 degrees C |
||
|
Brass ball valve |
8481 |
80 |
63 |
Max working pressure 16kg/cm2. Max working temperature 120 degrees C |
||
|
Copper joint ball valve |
8481 |
80 |
63 |
Max working pressure 16kg/cm2. Max working temperature 120 degrees C |
||
|
Brass angle valve |
8481 |
80 |
63 |
Max working pressure 16kg/cm2. Max working temperature 120 degrees C |
||
|
Copper joint angle valve |
8481 |
80 |
63 |
Max working pressure 16kg/cm2. Max working temperature 120 degrees C |
||
|
Check valves, pipe pumps, fittings and auxiliary equipment of the cooling water supply system for boiler equipment |
8481 |
80 |
99 |
|
||
|
Valve details of all kinds |
8481 |
90 |
29 |
|
||
|
Connectors, couplings, elbows, sizes from inches to 36 inches in diameter |
7307 |
22 |
|
Steel |
||
|
Connectors, couplings, elbows, sizes from inches to 36 inches in diameter |
7307 |
92 |
|
Steel |
||
|
|
Fabricated steel |
Flat-rolled other alloy steel, of width 600 mm or more |
7225 |
30 |
90 |
Manufactured since 2016 |
|
Bars and rods, of other alloy steel, hot-rolled, in irregularly coiled forms |
7227 |
90 |
0 |
Manufactured since 2016 |
||
|
Alloy steel |
7228 |
70 |
90 |
SS400, SS540 from L80 to L130; Q235 from C80 to C180 |
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Link to detailed reference Circular 19/2021/TT-BTC
Make sure that your business fully understands the conditions and regulations in Decree 57/2021/ND-CP to take advantage of all opportunities and support from this policy. Compliance with regulations will help businesses receive the best benefits from the tax incentive program.
In addition, contacting the tax authority or tax consultants will help businesses get detailed instructions on how to apply and the necessary requirements to effectively enjoy incentives.
We are confident with many years of experience helping dozens of Vietnamese and foreign businesses including Japan, Korea, Taiwan, China, etc. to enjoy incentives successfully in the shortest time. 100% of our customers are satisfied with the services of Thue Tam Viet and are willing to introduce them to other partners.
Hotline for business consulting: 0914.383.998
Tam Viet Tax - accompany with your businesses!
