Proposing criteria for electronic equipment manufacturing enterprises to enjoy tax incentives

Doanh nghiệp sản xuất thiết bị điện tử được hưởng ưu đãi về thuế thu nhập doanh nghiệp phải có doanh thu từ hoạt động sản xuất thiết bị điện tử chiếm ít nhất 70% tổng doanh thu của doanh nghiệp

Enterprises manufacturing electronic equipment that enjoy corporate income tax incentives must have revenue from electronic equipment manufacturing activities accounting for at least 70% of the total revenue of the enterprise.

Criteria for tax incentives

According to the draft, enterprises implementing electronic equipment manufacturing projects that enjoy corporate income tax incentives must simultaneously meet the following criteria:

Revenue from electronics manufacturing accounts for at least 70% of the company's total revenue.

For large enterprises: Have a research and development department with at least 10 employees with university degrees or higher, of which at least 5 are Vietnamese.

For small and medium enterprises: Have a research and development department with at least 3 employees with university degrees or higher, including Vietnamese employees.

Total expenditure for scientific research, technology development and innovation activities must reach at least 3% of average net revenue in the three consecutive fiscal years; in case the enterprise has been operating for less than three years, the average shall be calculated over the entire period of operation since its establishment, but not less than one full fiscal year.

Criteria for foreign invested enterprises

According to the draft, foreign-invested enterprises implementing electronic equipment manufacturing projects are entitled to corporate income tax incentives when meeting the criteria in the above regulations.

In case a foreign-invested enterprise does not meet one of the prescribed criteria, it must meet one of the following additional criteria:

Carry out technology transfer to at least 1 Vietnamese enterprise within 5 years from the date of issuance of the Investment Registration Certificate or the Decision on Investment Policy Approval or written agreement with the competent state agency.

There are Vietnamese enterprises participating in the value chain and simultaneously meeting the following two conditions:

There are from 20% to 30% of Vietnamese enterprises in the total number of enterprises participating in and implementing assembly contracts, providing raw materials, supplies, components, and services to directly serve electronic equipment manufacturing projects.

At least 20% of product cost is created by Vietnamese enterprises participating in the value chain.

The Ministry of Science and Technology is seeking comments on this draft on the Ministry's Information Portal.

Source: https://doanhnghiepvn.vn/cong-nghe/de-xuat-tieu-chi-doanh-nghiep-san-xuat-thiet-bi-dien-tu-duoc-huong-uu-dai-ve-thue/20251015115031432