Expected to add many preferential policies for NIC

The Ministry of Planning and Investment proposes to supplement regulations on preferential exemption from land tax and related taxes and fees for the area of public assets used to provide revenue-generating public services, and exemption from infrastructure usage fees for land assigned and leased in facilities of the National Innovation Center (NIC).

Dự kiến bổ sung nhiều chính sách ưu đãi đối với NIC

The Ministry of Planning and Investment is seeking comments on the proposal to draft a Decree to replace Decree No. 94/2020/ND-CP of the Government regulating preferential mechanisms and policies for the National Innovation Center.

Amending and supplementing preferential policies for the National Innovation Center

According to the draft, the expected amendments and supplements include:

Supplementing regulations on the organization, functions, tasks and operations of the National Innovation Center; regulating the relationship between the National Innovation Center and innovation centers.

Amend and supplement the procedures for receiving and using aid and sponsorship from foreign governments, non-governmental organizations, domestic organizations and individuals for the National Innovation Center in the direction of enhancing the right to proactively receive and use, simplifying and specifying the process of receiving and using sponsorship in cash or other assets.

Regulations on strengthening decentralization of authority, simplifying procedures for approving projects on the use of public assets; implementing innovation support services in the direction of creating conditions for the National Innovation Center to use spaces at the Center's facilities for leasing, business, supporting innovation partners at the Center, creating revenue sources to implement the autonomy mechanism and carry out the task of promoting the National innovation ecosystem.

The Center is provided with shared workspace, product display space, space for installing laboratories, experimental production rooms with office utility services to serve innovation and start-up activities. The Center's space provision service belongs to the field of business development support services, not the real estate business.

Regulations on preferential exemption from land tax and related taxes and fees for the area of public assets used to provide revenue-generating public services, and exemption from infrastructure usage fees for land assigned and leased in facilities of the National Innovation Center.

Preferential policies for innovation centers as partners

The draft also amends and supplements mechanisms and preferential policies for other innovation centers that are partners and have operational links with the National Innovation Center.

Specifically, innovation centers that are partners and have activities associated with the National Innovation Center are allowed to: (1) Receive funding, support, loans and loan guarantees from the National Technology Innovation Fund, the National Science and Technology Development Fund, the Small and Medium Enterprise Development Fund and development investment funds, science and technology development funds of provinces and centrally run cities; (2) Receive and use aid and funding from foreign governments, non-governmental organizations, domestic organizations and individuals in the direction of enhancing the right to proactively receive and use; (3) Some specific criteria to enjoy part of the preferential mechanisms and policies prescribed in the Decree.

Support policy for organizations and individuals operating at the Center

In addition, the draft amends and supplements mechanisms and policies to support innovation for organizations and individuals operating at the National Innovation Center.

Accordingly, additional regulations on support for individuals, organizations, and businesses operating at the National Innovation Center in carrying out administrative procedures related to market entry, intellectual property, tax procedures, etc.

The visa is valid for multiple entries and has a duration appropriate to the period of direct work at the National Innovation Center.

Supplementing regulations on work permit exemption for foreign workers working at the National Innovation Center.

Simplify and shorten a number of investment and business procedures for organizations and individuals establishing enterprises at the facilities of the National Innovation Center.

Please read the full draft and give your comments here.

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