Vietnam Introduces Incentives for Science and Technology Enterprises

The Vietnam Ministry of Finance has announced the signing of Decree No. 13/2019/ND-CP on 18 February 2019, which takes effect on 20 March 2019 and provides certain incentives for qualifying companies investing in R&D that have been granted science and technology enterprises certification. This includes a corporate tax exemption for four years followed by a 50% reduction in tax payable for…
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