Official letter 470/CTHTHP-TTHT about tax policy:
In case Kyocera Vietnam Office Equipment Technology Co., Ltd. is an export processing enterprise, implementing the investment project "Project for manufacturing machines and equipment" according to the first Investment Registration Certificate No. 022043000090 issued by the Hai Phong Economic Zone Management Board on July 1, 2011 at land lots No. 56A, 56B and 56C, VSIP Hai Phong Urban, Industrial and Service Area, in Dinh Vu - Cat Hai Economic Zone, An Lu Ward, Thuy Nguyen City, Hai Phong City, the Company hires another Company to process all production stages of a number of products which are accessories, replacement parts of printers, then export them abroad:
• Regarding VAT rate: The Company's purchased goods are subject to a VAT rate of 0% if they are goods sold into non-tariff zones according to the regulations of the Prime Minister, meeting the conditions specified in Point 2a, Article 9 of Circular No. 100/2011/TT-BTC. Circular No. 219/2013/TT-BTC and not falling into the cases where the 0% tax rate is not applied as prescribed in Clause 3, Article 9 of Circular No. 219/2013/TT-BTC dated December 31, 2013 of the Ministry of Finance.
• Regarding corporate income tax incentives: In case the Company hires another Company to process products (products belonging to investment projects) and then exports them to foreign countries. If the processing activity is not located in an investment incentive area, the income arising from this activity will not be entitled to corporate income tax incentives according to the conditions of the investment incentive area. If the processing activity is located in an investment incentive area, the income arising from this activity will be entitled to corporate income tax incentives according to the conditions of the area. The Company must calculate separately the income from production and business activities entitled to corporate income tax incentives and the income from production and business activities not entitled to corporate income tax incentives to declare and pay taxes separately. In case it cannot be calculated separately, it shall be implemented according to the provisions of Clause 1, Article 19 of Decree No. 218/2013/ND-CP dated December 26, 2013 of the Government.
