Green enterprises enjoy tax incentives
Enterprises and co-operatives that have
carried out environmentally friendly projects will have to pay just 10
percent corporate income tax instead of the usual rate of 25 percent on
the work.
Enterprises and co-operatives that have
carried out environmentally friendly projects will have to pay just 10
percent corporate income tax instead of the usual rate of 25 percent on
the work, according to a recently issued circular by the Ministry of
Finance.
In addition, enterprises and co-operatives in remote areas will be exempted from paying tax for the first four years and will have to pay just 50 percent for the following nine years./.
In addition, enterprises and co-operatives in remote areas will be exempted from paying tax for the first four years and will have to pay just 50 percent for the following nine years./.
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