Along with a series of special incentive policies for organizations and individuals conducting scientific and technological research, there will be additional incentives for businesses investing in this field.
Delegates press the button to pass the resolution - Photo: National Assembly
On the morning of February 19, with 453/457 delegates in favor, the National Assembly passed a Resolution to pilot a number of special mechanisms and policies to create breakthroughs in science and technology development, innovation and national digital transformation.
According to the resolution, civil servants and managers working at public science and technology organizations and public universities will be allowed to contribute capital, manage and operate enterprises, work at enterprises established by such organizations or participate in establishing them to commercialize research results.
Taking risks in scientific research
By accepting risks in scientific research, the National Assembly allows organizations and individuals engaged in scientific research and technology development to be exempted from civil liability for causing damage to the State, if they fully comply with relevant procedures and regulations.
For organizations that are in charge of implementing scientific and technological tasks using the state budget, if they fully implement the regulations, processes and research content that have been explained but do not achieve the expected results, they do not have to refund the funds used.
The National Assembly also agreed to provide funding for scientific research and technological development under the fund mechanism. Including the national science and technology development fund; science and technology development fund. These funds will be periodically evaluated for operational efficiency, ensuring that the funds are used for the right purposes, requirements and disbursement progress.
Funding from the state budget for implementing scientific and technological tasks is allocated to the final product when the organization in charge of implementing the scientific and technological task has a commitment to the product.
For the commercialization of research and technology development results, the assets resulting from this process will not have to be accounted for in the organization's assets, and will not have to determine the original price, residual value, depreciation, or asset wear and tear.
Autonomy, self-determination and self-responsibility for using assets without valuation in leasing, transferring the right to use, service business, joint ventures, and associations without forming new legal entities. Assets also do not need to have a project or report to competent authorities according to the provisions of law on management and use of public assets.
The host organization is responsible for organizing the exploitation of assets formed from scientific and technological tasks using the state budget, continuing to invest in commercialization to ensure efficiency. However, the organization's governing body inspects and supervises the use of assets to ensure savings and efficiency, and to prevent loss, waste, and negativity.
Income tax incentives, support for businesses doing projects
Corporate sponsorships, expenses for scientific research, technological development and innovation in enterprises are included in deductible expenses when determining income subject to corporate income tax.
Income from salaries and wages for performing tasks using the state budget is income not subject to personal income tax.
The National Assembly allows Vietnamese enterprises to invest in building the first selected factory project to manufacture small-scale, high-tech chips to serve research, training, design, trial manufacturing, technology verification and production of specialized semiconductor chips in Vietnam at the request of the Prime Minister to be supported.
Including, supporting 30% of the total project investment directly from the central budget in case the factory is accepted and put into production before December 31, 2030. The total support level does not exceed 10,000 billion VND;
During the preparation and implementation of the project, the annual provision is 10% higher but not more than 20% of the taxable income of the enterprise. The total provision does not exceed the total investment of the project. Land is allocated in the form of land allocation without auction, bidding...
Source: https://tuoitre.vn/doanh-nghiep-dau-tien-dau-tu-chip-ban-dan-chuyen-dung-se-duoc-ho-tro-toi-10-000-ti-dong-20250219113536744.htm
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