PRIORITY POLICIES FOR INVESTMENT IN KHANH HOA
Exemption and reduction of land rentals
(1) For projects of foreign direct investment
1. Exemption of land rental during basic construction;
2. Reduction of 90% of land rental during business operation time for
forestation projects;
3. Exemption of seven (7) years of land rental since the completion of basic
construction and start of operation for projects investing in localities with
disadvantageous socio-economic conditions and projects listedin the nomenclature
of projects of specially encouraged investment and projects of encouraged
investment;
4. Exemption of eleven (11) years of land rental since the completion of basic
construction and start of operation for projects investing in localities with
specially disadvantageous socio-economic conditions.
(2) For projects of domestic investment
(2.1) Conditions for investment priorities
1. Projects investing in sectors and fields listed in the preferential policies
by the Government;
2. Investment projects recruiting large numbers of working people as stipulated
by the Government.
(2.2) Exemption and reduction of land rentals
1. Exemption of three (3) years of land rental for projects meeting either of
the above-mentioned priority conditions;
2. Exemption of six (6) years of land rental for projects meeting both of the
abovementioned priority conditions;
3. Exemption of seven (7) to ten (10) years of land rental for projects
investing in localities with disadvantageous socio-economic conditions as
stipulated by the Government;
4. Exemption of seven (7) to ten (10) years of land rental for projects
investing in sectors and fields enjoying investment incentives as stipulated by
the Government and projects investing in localities with disadvantageous
socioeconomic conditions as stipulated by the Government;
5. Exemption of thirteen (13) years of land rental for projects meeting both of
the above-mentioned conditions and investing in localities with disadvantageous
socio-economic conditions as stipulated by the Government;
6. Exemption of eleven (11) or fifteen (15) years of land rental for projects
investing in localities with specially disadvantageous socio-economic conditions
as stipulated by the Government;
7. Exemption of land rental during the implementation of the project for
projects investing sectors or fields enjoying investment incentives as
stipulated by the Government and investing in localities with specially
disadvantageous socioeconomic conditions as stipulated by the Government.
********