CIRCULAR guide financial regime applicable at a pilot sốkhu sector gate of Cao Bang province pursuant to Decree No. 175/CP dated 28/10/1994 of the Government địnhnhiệm service, powers, organization, Ministry of finance;

Pursuant to decision No. 166/1998/QD-TTg dated 09/09/1998 of the Prime vềviệc apply to pilot a number of economic development policies in a gate area, sốkhu province;

The Ministry of Finance shall guide the implementation of the fiscal regime applied thíđiểm in some of the Higher gate area With the following: i. the OBJECT, SCOPE 1. Scope: Theoquy defined in article 1 decision No 171/11998/QD-TTg on 09/09/1998 tướngChính's Government, the scope of the pilot some policies on financial tạiThông investment regulations include : a) National Railway gate area includes Railway gate Hitman Hitman and Hitman, Ta huyệnQuảng Township;

b) gate area Of Heroes including the gate Hung and hung, in the District of TràLĩnh;

c) gate area Care includes Care and gun cừa Giang commune, HàQuảng district Care.

Càcđịa the table referred to in point a, b and c above are referred to in this circular as cáckhu High gate By sector.

2. the preferential beneficiaries: types of enjoying the preferential financial policies stipulated in the circular nàylà domestic investors and overseas investment in production and business, xâydựng the muscle in the infrastructure at the border gate economic zone By matching LuậtKhuyến encouraged domestic investment and foreign investment law in Vietnam thểnhư tools, the following: a) domestic investors include businesses of all tếthành established under the provisions of the: business law, business law, Corporate Law, tưnhân law on cooperatives ...;

b) foreign investors include companies with foreign investment, foreign governmental equity participation business cooperation contract and the Vietnam foreign investment cưở plan on water according to the forms prescribed, in nướcngoài investment law in Vietnam and foreign investors not Đầutư law business in Vietnam.

Cácnhà domestic investment and foreign investment in the sector CaoBằng gate if not formed the economic entity to a private accounting cáchoạt business to define the base of preferential regimes.

Chỉcác production, business activities conducted in the public sector By khẩuCao new doors in an enjoy preferential regimes.

 II. The SPECIFIC INSTRUCTIONS a. PREFERENTIAL TIỀNTHUÊ the land, FACE the COUNTRY, INCENTIVES 1. Preferential land rent, water: Cácnhà foreign investors and domestic investors to invest in the production, trading, building the infrastructure at the border gate economic zone By land khithuê the State's water, also are entitled to the incentives of the exemption, the current mode of the giảmtheo State, also was reduced 50% more land lease, the land rental prices, nướcso the water is applied in the sector khẩuCao by the door in accordance with the current rules on determining soil rental rates , the surface of the water.

2. tax incentives to convert currency nhậpra foreign, other taxes: a) transfer tax offshore income: the income that the owner had đượcdo foreign investment activities in the sector of high gate With (including the number of thuếthu type are returned and the number of revenue due to the transfer of capital) if chuyểnra or retained outside of Vietnam must pay tax transfer currency Enter ranước with the lowest tax rates in the statutory tax is 5%.

b) other taxes: tax Cácloại, fees and other charges made under the current rules in the Luậtthuế, the law encourages domestic investment (modified), the foreign investment Law in South tạiViệt and other legal texts.

3. The order and procedures for investment incentives: Trìnhtự, procedures for investment incentives as prescribed in this circular thựchiện in accordance with the current rules on order and procedure to enjoy the ưuđãi of land rents, tax incentive provisions in the text hiệnhành on the land rental , water, about the tax regime.

B. CORRUPTION RULES RAISING CAPITAL OVERSEAS and DOMESTIC Cácdoanh the domestic industry and enterprises have invested abroad in early tưphát the manufacturing sector, business, infrastructure construction at the High gate sector cáckhu By being all trongvà foreign capital by appropriate forms such as bank loan the loan, personal chứcvà, issued corporate bonds ... According to regulations luậthiện to create business development capital. the ' people's Committee, High Bằngtrong the scope of functions, duties and their powers are allowed to apply the cáchình formula appropriate financing to build the infrastructure for the High gate By international vựckinh as released Lottery special categories, the cáoChính Government report allows bond release works Labor mobilization, the íchcủa people ... in accordance with the provisions of the current law.

C.QUY MANAGEMENT of CAPITAL INVESTMENT FROM the STATE BUDGET for CONSTRUCTION, INFRASTRUCTURE TRIỂNCƠ in the PRESENT-DAY GANSU ECONOMIC HIGH GATE C by 1. Estimating the investment for the High gate sector By: Hàngnăm (in the period 1999-2002), based on the State budget revenue estimation table củađịa the High gate sector By the Council were the people of tỉnhCao By browser and has been approved by the Ministry of finance in the budget estimates of the hàngnăm province of Cao Bang province people's Committee đềnghị the level of capital investment annual own State through the budget for the International High gate By vựckinh (details for each investment works theonhóm classification, and ranked in order of priority) sent the Ministry of planning and investment, Ministry of finance xemxét.

Trêncơ Department of State budget estimates of the CaoBằng border gate economic zone and the proposal of the people's Committee in Cao Bang province, and based on the general balance of the State budget every year, The Tàichính determines the total amount of capital investment private State budget each year for the economic High gate With khuvực but not below 50% of the total budget revenues home nướchàng in the High gate sector. Investment of financial nàyBộ will give the people's Higher Committee Bằngqua DOF-Cao Bang province to invest in the economic zone With High cửakhẩu.

BộKế plans and unified investment with the Ministry of Finance of capital for each côngtrình Group A, Group B, the total investment capital and other related issues before khira decided to approve all investment estimation period 1999-2002 and estimated annual đầutư by State budget capital reserved for Cao Bang province.

Căncứ on the announcement of the Ministry of planning and investment of capital from Central ngânsách Hotel Inglés once for the High gate sector By provincial people's Higher Committee, using the cótrách task of estimating capital used by each quarter sent the Ministry of Finance (chậmnhất on July 20, before their last quarter).

Trêncơ the Department estimates an annual capital investment, using estimation of capital each quarter by the local lậpvà the ability of the central budget in time, the Ministry of finance determine vàthông reported quarterly financing estimates for Cao Bang province people's Committee.


Sốvốn State investment for the High gate sector By Bank sáchtỉnh is determined on the basis of estimates of annual revenue on the bàncác border gate economic zones With High (not including the revenues not hand trongcân for the budget as the recording currency member fees , hospital fees, aid, đónggóp of the...) and to review next year on the basis of actual income nămtrước to tune into the estimation of capital investment next year, the disparity between sốthực or exceeds revenue deficit estimation of revenue first year will be adjusted to the expected investment toánvốn the following year. This investment is part of the targeted budget support: the national sáchTrung for the province, not to the task of the local budget.

2. The method of allocation, reporting, settlement and capital management for the high gate sector cáckhu By: Theodự math using both investment in and approved quarterly, the Ministry of Finance (Central ngânsách) financing investment works through High sáchtỉnh By banks.

Mọikhoản the central budget level for the High gate sector budget Bằngqua the only use for the purpose of building the infrastructure at the economic High gate By khuvực according to the master plan for the sector khẩuCao by the door are competent browser and must be managed in accordance with the rules of conduct địnhhiện investment management and construction.

Sốvốn investment for the sector of high gate By the budget through a public light đượcphản on a monthly budget reports and budget-settlement local but hàngnăm scored a private section for public investment in the economy of the high gate With khuvực (including the reserved budget capital and nguồnvốn by the mobilization.

Hàngquý, the province has the responsibility to report the Ministry of finance, the Ministry of planning and investment hìnhthực investment situation in construction, capital allocation for individual works, last year reported cáoThủ Prime (Council of the Ministry of finance, the Ministry of planning and investment) results thựchiện all year.

3. The management and capital investment for each investment tạicác economic area High gate must comply With the rules địnhhiện of the State.

III. IMPLEMENTATION of this Thôngtư has effect from January 1, 1999. Every regulation before the financial regime of đâyvề applied in the sector of high gate By tráivới this circular are repealed.

Cácchủ and foreign investment have invested in the High gate area By trướcngày effect of decision No 171/1998/QD-TTg dated 09/09/1998 of the Government tướngChính since the day this circular effect, be transferred to the ưuđãi investment under the provisions of this circular.

Trongquá executable, if there are obstacles, the proposal reflects on The financial rescue, đểnghiên./.