On February 09th, 2021, Bac Ninh Tax Department issued Official Letter No. 204/CTBNI-TTHT, whereby:
In case that the company has an investment project in the industrial zone and determines its CIT incentives eligible for meeting the regional incentives condition, and during its production, business activities, the company hires another enterprise to process its products (the enterprise does not reside in the areas eligible for investment incentives), then it imports the processed product to continue the production procedures, once the completed product is exported to the market, the above incurred incomes in the areas eligible for tax incentives (industrial zones) shall enjoy the regional CIT incentives.
