One Stop Service (OSS)

Phu My 3 Specialized Industrial Park will be a bridge between investors and local authorities to support the investors in carrying out legal procedures simply and quickly at the stage of investment, construction and even after going into operation, helping customers in industrial park securely and fully focus on business activities.

One Stop Service (OSS)

Tax Incentives

Enterprise operating in Phu My 3 SIP will enjoy incentive corporate income tax (CIT) rate as follows:

> 17% applicable for the first 10 years from the first year the enterprise has revenue as prescribed in the Degree No. 118/2015/ND-CP & Decree No. 218/2013/NĐ -CP of the Government

> 2 year tax exemption and 50% tax reduction in the following 4 years after new investment projects get assessable income as prescribed in the Decree No.218/2013/NĐ-CP of the Government

Land lease incentives

Land lease incentives

  • Leasing preriod in PM3 SIP is 70 years (from 2007-2077), significantly longer compared to the normal period of 50 years in other industrial zones
  • Exemption of Land-use-fee for up to 20 years from the date of PM3 SIP's construction completion and putting the project of PM3 SIP into operation (from 2018) (exact time depending to the lot's location)
Import Tax

Import Tax

  • Exemption for importing merchandise and machinery in oil & gas industry
  • Exemption for importing merchandise and machinery to build up fixed assets for implementing the projects
  • Exemption for importing equipment and machinery which are not available domestically

Pre-Post Licenses

Pre Investment

  • Company setup (IPA, IRC, ERC).
  • Environmental Impact Assessment, Building Permit, Fire-fighting Permit
  • Visa, Work permit for people who have foreign nationality working in Vietnam
  • Recruitment for managers and workers
  • Logistic Service
  • And other jobs depending on the characteristics of the investment profession, etc.

Post Investment

  • Stable supply of power/water and operating wastewater treatment system during 24 hours
  • 365 days (3 days power cut off for Regular Inspection and Maintenance)
  • Latest information (announcement from government, national staff salary, counter-measure for strikes, corporate income tax,  personal income tax, etc.)
  • Social gatherings, golf competitions, etc.
  • Support guidance, consulting records for amend of current IRC, ERC and EIA, etc.