OFFICIAL LETTER 3689/CTBNI-TTHT ABOUT CIT INCENTIVES FOR NEW INVESTMENT PROJECTS USING A PART OF THE OLD INVESTMENT PROJECT
Official letter 3689/CTBNI-TTHT about CIT incentives for new investment projects that use a part of machinery of the old investment project as follows:
In case, the Company has an investment project that is granted the first investment certificate by Hanoi Export Processing and Industrial Park Management Board No. 012xxxxx dated June 29, 2015, the location is at Quang Minh Industrial Park, Me Linh, Hanoi. (Project 01). On August 16, 2018, the Company was granted Investment Certificate 547xxxx by the Management Board of Bac Ninh Industrial Park on the establishment of a production project in Yen Phong Industrial Park, Bac Ninh (Project 02).
In case Project No. 02 uses transferred machinery and equipment of Project No. 01 (After the completion of Project 01), if it meets the requirements for expansion investment, it will not be eligible for CIT incentives as guided in Clause 1 of this Article. 4 Article 10 of Circular 96/2015/TT-BTC
