Investment Incentives

In accordance with the current regulations, the whole province of Dak Lak belongs to areas of investment incentives including Buon Ho town, districts in extremely difficult socio-economic areas and Buon Ma Thuot city

Exemption from land and water surface rent from the date the project is completed and put in operation
Location	Investment Sector	No of years exempted
Buon Ma Thuot City	Not in the list of incentive fields	7
	Investment incentives	11
	Special investment incentives	15
Buon Ho Town and Districts	Not in the list of incentive fields	11
	Investment incentives	15
	Special investment incentives	Full rental period

Exemption from land rent for investment encouraging projects in agriculture and rural areas
Project type		Land use fees
Investment Encouragement		50% reduction
Investment incentives		70% reduction
Special investment incentives		100% free
Exemption or reduction of land rent for sectors encouraging socialization (Education and training, healthcare, culture, physical education and sports, environment, judicial assessment)
Location		Land use fees
Wards of Buon Ma Thuot		Exemption for 25 years of land rent and a 70% rent reduction for the remaining period
Communes of Buon Ma Thuot City		Exemption for 25 years of land rent and a 70% rent reduction for the remaining period
Buon Ho Town and districts		100% free
Corporate income tax
Location	Tax exemptions		Tax rate
Buon Ho Town and districts	Exemption for the first 4 years since earning taxable income, 50% reduction for the next 9 years		Tax rate of 10% applied for 15 years
Buon Ma Thuot City	Exemption for the first 2 years since earning taxable income, 50% reduction in the next 4 years		Tax rate of 10% applied for 15 years
Import Tax
Exemption from import tax on equipment, materials, means of transport and goods for project implementation in Dak Lak

* NOTE:

- Domains encouraged for socialization specified in Decree 69/2008/ND-CP dated 30, May 2008 issued by the Government on incentive policies to encourage socialization activities in the field of education and vocational training, healthcare, culture, sports, environment and the Government's Decree No. 59/2014/ND-CP dated June 16, 2014 on amending and supplementing Decree 69/2008/ND-CP dated 30, May 2008;

- Areas of investment encouragement and special investment encouragement specified in the Government's Decree No. 118/2015 /ND-CP dated November 12, 2015, detailing and guiding the implementation of some articles of the Law on investment 2014;

- Agricultural projects with investment incentives, special investment incentives specified in Decree No. 57/2018 / ND-CP dated April 17, 2018 of the Government on mechanisms and policies to encourage enterprises to invest. into agriculture and rural areas.

- Projects subject to incentives in many different categories are entitled to the item with the highest incentive level.