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Investments - Projects Monday, 02/10/2014, 15:30

Bonuses calling for investment

1. Conditions for calling bonuses

a. Organizations, individuals or groups in and out of the province with mobilizing, calling for out-of province, investors, and foreign investors invest in Bac Lieu province;

b. Award of bonuses for organizations, individuals must be confirmed by investors in writing as investment brokers. When investment Project Schedule deploys 50% capital, temporarily award 50% bonus level ; when the project is officially put into operation, continuously award remaining bonus part. In order to be considered bonus, brokers shall make Statement for bonus consideration with confirmation of investors (through the provincial Investment, Trade and Tourism Promotion center) to submit the Chairman of Provincial People’s Committee for consideration, decision.

2. Bonus level of calling for investment

By 0.2% total construction and equipment capitals of projects confirmed by functional agencies, units. For projects with domestic investment capitals (out-of province investors), maximum bonus level doesn’t exceed 100 million VND/project. For projects with foreign investment capitals (only calculate 3 investment forms as business cooperation contract, 100% foreign capital and joint venture capital ) maximum bonus level doesn’t exceed 20,000 USD/project. As for staff having credit in calling for investment, active in coordination with handling administrative procedures in relation to investment projects, they shall be awarded bonus levels in accordance with special regulations of the province.

Bonus level as stated above shall be considered, adjusted, and supplemented accordingly in each period to strengthen attraction to many investors to invest in Bac Lieu province.

Source: Center of Investment, Trade and Tourism


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