. According to the decree, both domestic and foreign investors in the park can enjoy incentives regarding corporate income and import taxes, investment credit and land lease fees. New investment projects will enjoy 10% corporate income tax for 15 years. Those with a total investment capital of over 132 million USD or above will enjoy this rate for 30 years.
In addition, they will be entitled to corporate income tax exemptions for their first four years of operation, and a 50% tax reduction for nine subsequent years. Import duty exemptions will also be applied for the first five years to raw materials, supplies and accessories that cannot be domestically produced.
