Exemption of land use fees for enterprises investing in agriculture

The Ministry of Planning and Investment is drafting a Decree on policies to encourage enterprises to invest in agriculture and rural areas, which proposes a number of incentives and additional investment support from the State for enterprises investing in agriculture and rural areas.

According to the draft, enterprises investing in agriculture and rural areas are entitled to exemption and reduction of land use fees. Specifically, enterprises with agricultural projects with special investment incentives, if allocated land by the State with land use fees collected according to the provisions of the Land Law, are exempted from land use fees for that land area.

Technology for growing Israeli melon varieties without soil in Hoi Son commune, Anh Son district (Nghe An).

Enterprises with preferential investment agricultural projects, if allocated land by the State with land use fees collected according to the provisions of the Land Law, will receive a 70% reduction in land use fees for that land area.

Enterprises with agricultural projects that encourage investment, if allocated land by the State with land use fees collected according to the provisions of the Land Law, will receive a 50% reduction in land use fees for that land area.

Enterprises with special agricultural investment incentive projects are exempted from paying land use fees when changing land use purposes for land areas converted to land types that are allocated by the State with land use fees collected.

Enterprises with preferential investment agricultural projects are entitled to a 70% reduction in land use fees when changing land use purposes for land areas converted to land types that are allocated by the State with land use fees collected.

Enterprises with agricultural projects that encourage investment are entitled to a 50% reduction in land use fees when changing the land use purpose for the land area converted to the type of land allocated by the State with land use fees collected.

The draft clearly states that enterprises with agricultural projects with investment incentives and investment incentives when leasing land and water surface from the State will be applied the lowest price of the corresponding land type in the land price list prescribed by the People's Committee of the province or centrally-run city.

Enterprises with special agricultural investment incentive projects are exempted from land and water surface rents from the date the project is completed and put into operation.

According to Dan Viet Newspaper