From July 1, organisations and people conducting analysis and growth (R&D) of strategic applied sciences included within the record of excessive applied sciences prioritised for growth funding might be eligible for a 100 per cent interest rate subsidy from the State.
The incentive is offered underneath Government Decree 260/2026/ND-CP, which particulars and supplies measures for implementing numerous articles of the Law on High Technology.
The Decree introduces a spread of particular incentives referring to finance, taxation, human useful resource growth, mental property and analysis infrastructure for R&D in strategic applied sciences.
Under the brand new laws, the State will cowl as much as 100 per cent of bills for finishing up strategic technology growth duties commissioned by the State or funded by the National Foundation for Science and Technology Development (NAFOSTED) or ministerial, sectoral and provincial funds.
Regarding tax incentives, equipment, tools, spare elements, specialised provides, scientific paperwork, books and journals imported for R&D in strategic applied sciences might be exempt from import obligation.
Meanwhile, people engaged in R&D in strategic applied sciences could also be exempted from private earnings tax on salaries or wages acquired for performing strategic technology growth duties. The exemption may also apply to royalties earned from the commercialisation of analysis outcomes.
Regarding human sources and capability constructing, the State will cowl the complete bills for coaching and upskilling personnel concerned in R&D in strategic applied sciences. The assist might be offered by way of strategic technology growth duties and capacity-building actions funded by NAFOSTED or ministerial, sectoral and provincial funds.
The State may also absolutely subsidise bills for consultancy providers for making ready purposes for mental property safety in Vietnam and overseas.
In addition, every enterprise might obtain assist as soon as to cowl 100 per cent of the bills for home verification, testing, inspection and certification of conformity with requirements and technical laws for strategic technology merchandise. For export-oriented strategic technology merchandise, the assist degree is 70 per cent of abroad verification and testing bills.
The State may also present complete assist to science and technology organisations and enterprises investing within the growth of technology infrastructure serving the efficiency of strategic technology duties of socio-economic, nationwide defence and safety significance.
– (VLLF)