Tag: tax incentives

The move aims at giving businesses greater policy certainty for production and investment planning.

Under this approach, enhanced, longer-term, or conditional incentives would target enterprises operating in prioritized sectors, engaging in innovation, digital transformation, green manufacturing, global value chain integration, large-scale job creation, or those demonstrating high potential for economic contributions.

The policy, taking effect from July 1 through September 30, 2026, aiming to support fuel supplies and ease cost pressures on businesses and consumers.

For foreign-invested enterprises to be eligible for corporate income tax incentives, they must meet similar criteria applicable to domestic enterprises.