Home › Official Dispatch › 2911-TC/TCT

Circular No. 2911-TC/TCT regarding the exemption and reduction of corporate income tax

This circular guides the exemption and reduction of corporate income tax for construction establishments, which are entitled to incentives similar to those provided for manufacturing enterprises under the Corporate Income Tax Law and the Foreign Investment Encouragement Law.

Document No.2911-TC/TCT
Document typeOfficial Dispatch
Issuing authorityMinistry of Finance
Signed byPhạm Văn Trọng
Updated16/06/2026
SectorLabour, War Invalids and Social Affairs
FieldUncategorized
Issued date18/07/2000
Effective date—
Expiry date—
StatusIn effect
✦ Smart summary

This circular guides the exemption and reduction of corporate income tax for construction establishments, which are entitled to incentives similar to those provided for manufacturing enterprises under the Corporate Income Tax Law and the Foreign Investment Encouragement Law.

Scope of application

Construction establishments

Key points

  • Construction establishments are eligible for tax benefits as stipulated by the Corporate Income Tax Law and the Foreign Investment Encouragement Law.
  • Construction activities are considered material production activities.

🌐 Social impact of this document

  • Construction establishments will be relieved of some tax burdens, enhancing their competitiveness and development potential.
  • The state budget may be affected due to reduced income from taxes.

❓ Frequently asked questions

Are construction establishments eligible for tax exemptions or reductions?

Yes, construction establishments are entitled to tax incentives as provided by the Corporate Income Tax Law and the Foreign Investment Encouragement Law.

To which industry group does construction activity belong?

Construction activities are considered material production activities.

Full text

LETTER

OF THE MINISTRY OF FINANCE NUMBER 2911 TC/TCT DATED JULY 19, 2000
REGARDING EXEMPTION AND REDUCTION OF ENTERPRISE INCOME TAX

 

RESPECTED: - Ministries, ministerial-level agencies, and government agencies

- People's Committees of provinces and centrally-run cities.

 

To implement uniformly the subjects eligible for tax incentives under the Law on Enterprise Income Tax and the Law on Domestic Investment Incentives, the Ministry of Finance provides additional guidance as follows:

 

BASED ON THE PRINCIPLES OF NATIONAL ECONOMIC SECTORS ACCOMPANIED BY DECISION NUMBER 143 TCTK/PPCĐ DATED DECEMBER 22, 1993 ISSUED BY THE DIRECTOR OF THE GENERAL STATISTICS OFFICE REGARDING THE ISSUE OF THE SYSTEM OF NATIONAL ECONOMIC SECTORS; BASED ON THE PRODUCTION PROCESSES AND REGULATIONS ON BUSINESS ACCOUNTING SYSTEMS, COST MANAGEMENT, AND ACTUAL CONSTRUCTION PRODUCT PRICES, THEN CONSTRUCTION ACTIVITIES ARE MATERIAL PRODUCTION ACTIVITIES. THEREFORE, CONSTRUCTION ENTITIES ARE ELIGIBLE FOR TAX INCENTIVES AS MANUFACTURING ENTERPRISES ACCORDING TO THE LAW ON ENTERPRISE INCOME TAX AND THE LAW ON FOREIGN INVESTMENT INCENTIVES.

The original file of this document is being updated. Please read the full text and check back later.

Relations map

↑ Basis & documents that affect this document
Based on 1
143-TCTK/PPCĐ Not in the system
2911-TC/TCT
Circular No. 2911-TC/TCT regarding the exemption and reduction of corporate income tax
In effect
↓ Documents affected by this document
Interprets 2
Luật thuế thu nhập doanh nghiệp Not in the system
Luật khuyến khích đầu tư nước ngoài Not in the system

Click a document to open. A red border = a relation that changes validity.