THE PRIME MINISTER OF GOVERNMENT | SOCIALIST REPUBLIC OF VIET NAM |
No: 19/2001/QD-TTg | Hanoi, February 20, 2001 |
DECISION
ADDING THE COMPUTER PRODUCTS TO THE LIST OF KEY INDUSTRIAL PRODUCTS ENJOYING SUPPORT UNDER THE PRIME MINISTER’S DECISION NO. 37/2000/QD-TTG OF MARCH 24, 2000
THE PRIME MINISTER
Pursuant to the Law on Organization of the Government of September 30, 1992;
Pursuant to Article 3 of the Prime Minister’s Decision No. 37/2000/QD-TTg of March 24, 2000 adding other products to the list of key industrial products;
At the proposal of the Minister of Industry,
DECIDES:
Article 1.- To add the computer products to the list of key industrial products prescribed in the Prime Minister’s Decision No. 37/2000/QD-TTg of March 24, 2000.
Article 2.- The preferential tax policies and other financial policies for the computer products shall uniformly comply with the provisions in the Prime Minister’s Decision No. 37/2000/QD-TTg of March 24, 2000 (enclosed appendix).
Article 3.- This Decision takes effect after its signing.
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FOR THE PRIME MINISTER
DEPUTY PRIME MINISTER
Nguyen Tan Dung
APPENDIX
POLICY OF SUPPORT FOR THE DEVELOPMENT OF KEY INDUSTRIAL PRODUCTS APPLICABLE TO COMPUTER PRODUCTS
(Issued together with the Prime Ministers Decision No. 19/2001/QD-TTg of February 20, 2001)
I. ENTERPRISE ASSUMING THE PRIME RESPONSIBILITY FOR THE EXECUTION OF THE PROJECT:
Vietnam Electronics and Informatics Corporation
II. SUPPORT POLICY:
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- To exempt import tax up to the end of December 31, 2003 for equipment, machinery and special-use transport means, which are included in the technological lines to create fixed assets of the enterprise
- Incomes earned from the production of computers by the enterprises which execute the project shall be entitled to the enterprise income tax rate of 25%, be tax-free for the first two years after the taxable income is generated, and entitled to 50% reduction of the payable income tax for the two subsequent years.
- The enterprise shall be entitled to preferential index with the regulating coefficient of 0.5 to calculate import tax according to the localization rate prescribed in Joint-Circular No. 176/1998/TTLT of December 25, 1998 of the Ministry of Finance, the Ministry of Industry and the General Department of Customs.
2. On capital for the enterprise:
- When there arises the need to invest in building production establishments, the enterprise may borrow the States development investment credits from the Development Assistance Fund for a period of not more than 10 years for each separate loan. The capital-borrowing enterprise shall not have to mortgage its assets, but must not assign its assets before its has repaid all its debts (both principal and interest) for each loan.
- The enterprise directly producing computers shall be allocated full 30% of the norm working capital, the deficit shall be covered with the States development investment credit loans from the Development Assistance Fund corresponding to a production cycle.
- The enterprise shall be supported with the State budget capital source reserves for scientific and technical research in research and development projects after the project is approved.
3. Other preferences:
50% reduction of land rent for the enterprise during the period of project execution.-
- 1Decision No. 1483/QD-TTg of August 26, 2011, promulgating the list of products of support industries prioritized for development
- 2Decision No. 718/2001/QD-BKH of December 07, 2001, on issuing the list of industrial products which must ensure to export by at least 80 percent of products, promulgated by the Ministry of Industry.
Decision No.19/2001/QD-TTg, adding the computer products to the list of key industrial products enjoying support under the Prime Minister''s Decision No.37/2000/QD-TTg of March 24, 2000.
- Số hiệu: 19/2001/QD-TTg
- Loại văn bản: Quyết định
- Ngày ban hành: 20/02/2001
- Nơi ban hành: Thủ tướng Chính phủ
- Người ký: Nguyễn Tấn Dũng
- Ngày công báo: Đang cập nhật
- Số công báo: Đang cập nhật
- Ngày hiệu lực: 20/02/2001
- Tình trạng hiệu lực: Còn hiệu lực