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Investor Support
Investment Process at Nghia Phong Industrial Cluster
Nghia Phong JSC will support Investors throughout this process
Site survey
Signing of the Memorandum of Understanding (MOU)
Support for investment legal procedures
Signing of the official contract
Implementation of procedures for the Land Use Right Certificate
Handover of site & commencement of construction
Operation & long-term support
Incentive Policies
Investment Incentives
Nghia Phong Industrial Infrastructure Development Investment Joint Stock Company commits to accompanying enterprises throughout the process of implementing and operating projects at Nghia Phong Industrial Cluster.
Support for completing legal procedures, consultancy, and coordination for timely handling of arising issues, ensuring stable production and business activities.
Strengthening connections between enterprises and industrial zones/clusters within and outside the province to form supply chains and expand cooperation opportunities.
Tax Incentives
Corporate income tax exemption for the first 02 years; 50% reduction for the next 04 years; application of a 17% tax rate for a term of 10 years.
Import tax exemption for goods forming fixed assets; import tax exemption for raw materials, supplies, and components for 05 years from the start of production (according to current regulations).
Exemption or reduction of land rent according to the Investor’s incentive policies.
Entry and Exit Support for Foreign Labor
1. Term of working visas in Vietnam:
2. Laws and guiding legal documents on applying for long-term visas for foreigners:
3. Legal dossiers prepared for foreigners applying for labor visas:
4. Submission of dossiers at the Immigration Management Authority:
5. Processing time for long-term visa applications:
Support Mechanisms of Nghia Phong
- Support and legal consultancy in investment related to investment registration at competent authorities.
- Support enterprises in applying for construction permits to build factories.
- Consultancy on planning, design, and construction of factories.
- Support in recruitment and training of human resources.