Subjects Eligible for Corporate Income Tax Incentives According to Law No. 67/2025/QH15

1. Legal Basis for Applying Corporate Income Tax Incentives

According to Law on Corporate Income Tax No. 67/2025/QH15, effective from October 1, 2025 and applicable from the 2025 corporate income tax calculation period, the principles and subjects eligible for tax incentives are regulated in Article 12 of the law.

Enterprises are entitled to tax incentives based on the industries, trades, and regions clearly specified in the law. In cases where multiple incentives apply to the same income, enterprises have the right to choose the most favorable tax incentive.

2. Principles for Applying Corporate Income Tax Incentives

• Enterprises only qualify for incentives if operating in industries, trades, or regions eligible for incentives under the law.
• Tax incentives are implemented according to the rates specified in Articles 13 and 14 of this law.
• If other laws have different provisions, the provisions of Law No. 67/2025/QH15 shall apply, except for the Capital City Law and National Assembly resolutions on special mechanisms and policies.

3. Industries and Trades Eligible for Corporate Income Tax Incentives

Enterprises operating in the following industries and trades are eligible for corporate income tax incentives:

a. High Technology & Digital Technology

• Application and incubation of high technology and strategic technology.
• Software production, network security products and services, electronic devices, semiconductor chips, and AI data centers.

b. Supporting Industries

• Products for high technology, textiles and garments, leather and footwear, electronics, automobiles, mechanical manufacturing (not yet produced domestically or must meet EU standards).

c. Energy & Environment

• Renewable energy, clean energy, waste treatment energy.
• Key chemical industry products, key mechanical products.

d. Infrastructure

• Investment in development of water plants, power plants, transportation, seaports, airports.

e. Special Enterprises

• High-tech enterprises, high-tech agricultural enterprises, science and technology enterprises.

f. Large-Scale Projects

• Production projects with investment capital of at least 12,000 billion VND, disbursed within 5 years, using advanced technology.

g. Agriculture, Forestry, and Fisheries

• Forest planting, care and protection; production and preservation of agricultural products; aquaculture; salt production.

h. Specialized Equipment Manufacturing

• High-grade steel, agricultural machinery, animal feed, energy-saving equipment.

i. Support for Small and Medium Enterprises

• Incubation facilities, co-working spaces, technical support for innovative startups.

j. Microfinance and Cooperatives

• People’s credit funds, cooperative banks, cooperatives in agriculture, forestry, salt production.

k. Socialization and Special Sectors

• Education, healthcare, sports, environment, forensic examination.
• Publishing and journalism.

4. Regions Eligible for Tax Incentives

Tax incentives apply in the following areas:

• Regions with especially difficult socio-economic conditions.
• Regions with difficult socio-economic conditions.
• Economic zones, high-tech zones, high-tech agricultural zones, digital technology concentrated zones.

The specific list of eligible regions is regulated by the Government.

5. Special Cases Eligible for Incentives

The Government will provide detailed regulations on applying incentives in the following cases:

• Incentives applied based on investment location.
• Enterprises operating in agriculture, forestry, fisheries, and salt production.
• Enterprises with revenue or income under 12 months during the first tax calculation period.

6. Inheritance of Incentives in Business Restructuring

Enterprises established through:

• Mergers, consolidations, divisions, splits, changes in ownership or business type,
• Will inherit the rights to tax incentives and any uncarried forward losses if they continue to meet the incentive conditions.

Conclusion

Law No. 67/2025/QH15 on Corporate Income Tax clearly and transparently regulates subjects and principles for applying corporate income tax incentives, creating favorable conditions to encourage investment, innovation, and sustainable development. Enterprises should grasp this information to optimize tax obligations and effectively utilize state support policies.