Incomes from a new investment project that inherits assets from a terminated investment project shall not be entitled to CIT incentives under the form of new investment projects  

On August 20^th, 2021, Hung Yen Tax Department issued Official Letter No. 3929/CTHYE-TTHT, thereby:

If the Company implements a new investment project of “factories and offices leasing” but still inherits the factories, offices, and land area from a company’s terminated project under the notice of the Industrial Park Management Board, the incomes from the project of “factories and offices leasing” of the company shall not be entitled to enjoy CIT incentives under the form of new investment projects.