What benefits do businesses receive when using tax incentive in Saigon Hi Tech Park?

Tax incentive in saigon hi tech park are designed to attract and support innovative businesses by offering reduced corporate income tax rates, import/export tax exemptions, and other benefits. OneHub Saigon is a prime example of a business hub that takes advantage of these incentives, providing a modern and dynamic workspace for startups and established companies alike.

Let’s read through this article to learn about the benefits of using tax incentive in saigon hi tech park!

What are some interests when using tax incentive in Saigon Hi Tech Park?

What are some interests when using tax incentive in Saigon Hi Tech Park?

OneHub Saigon - An integrated business park in Ho Chi Minh City

OneHub Saigon – An integrated business park in Ho Chi Minh City

Location

Located at the entrance of Saigon Hi-Tech Park, with a frontage on Hanoi Highway and adjacent to metro line 1 Ben Thanh – Suoi Tien which is scheduled to operate in Q4-2023, OneHub Saigon provides modern facilities and a vibrant professional community. With its strategic location and access to tax incentive in saigon hi tech park, OneHub Saigon is an ideal choice for businesses looking to develop and succeed, specifically in leasing office space here.

Metro Line 1 Ben Thanh - Suoi Tien is expected to be operational in the fourth quarter of 2023

Metro Line 1 Ben Thanh – Suoi Tien is expected to be operational in the fourth quarter of 2023

This prime location allows for easy access to District 1 within a 10-minute subway ride. This high-tech zone is home to the headquarters of many multinational corporations such as Samsung, Intel, Sanofi, Schneider, Nidec, making it an ideal business hub for companies looking to build relationships and collaborate with industry leaders.

Overview of OneHub Saigon

Overview of OneHub Saigon

Design and specifications

Integrated business park with campus style

The campus-style business community model has been making waves among investors and is leading the trend in construction and attracting real estate investment. This model boasts green spaces and a pleasant environment for companies to invest in. With its advantageous geographical location and green living design that embraces nature, OneHub Saigon will provide favorable conditions to receive tax incentive in saigon hi tech park.

Many countries have successfully implemented this model, such as India with the International Tech Park in Bangalore, Singapore with the Changi Business Park, and China with Suzhou iHub. This campus-style business community model helps to create a vibrant business ecosystem and provides plenty of open spaces.

Tower 1 - A grade A office building with campus style at OneHub Saigon

Tower 1 – A grade A office building with campus style at OneHub Saigon

What fields will OneHub create condition and receive tax incentive in saigon hi tech park?

Sectors of priority at SHTP

– Microelectronics, IT, and Telecommunications

– Precision Mechanics, Automation, and Robotics

– Advanced Materials and New Energy

– Biotechnology applied in Pharmaceuticals and the Environment.

Lots of benefit of using tax incentive in saigon hi tech park in general and specifically OneHub Saigon

Lots of benefit of using tax incentive in saigon hi tech park in general and specifically OneHub Saigon

Because these prioritized technology sectors are generally considered to have high potential for development and can make significant contributions to both the local and global economy.

Providing tax incentive in saigon hi tech park for businesses operating in these fields at Saigon Hi-Tech Park and OneHub Saigon can attract more such companies to the area, thereby creating new economic power and driving industrial and technological innovation

For information: Tax incentives policy in OneHub Saigon.

Corporate Income Tax (CIT) Incentives

In Saigon Hi-Tech Park, tax incentives include 10% tax rates for various periods of time based on project type, including large-scale projects that use new technologies and socialized sectors such as training, education, and environmental protection.

Import duty exemption

Imported goods that form fixed assets of the project, such as equipment, machinery, special-use means of transport, accompanying components, raw materials, and building materials which cannot be domestically produced yet, are eligible for tax incentive in saigon hi tech park.

Import/Export duty and VAT exemption

The imported goods used for scientific research and technological development are exempt from export duties and VAT.

Soft Incentives

SHTP Open Labs resources, subsidized training at SHTP Training Center, preferential loan & grant from Ho Chi Minh City’s Science and Technology Development Fund, and multiple entry visas for expatriates.

3 reasons to rent an office at OneHub Saigon

1/ Grade A office space with rental cost equivalent to 1/3 of the price in central districts

Optimal rental costs equivalent to 1/3 of the price in central districts will create favorable conditions for small and medium-sized businesses to rent their workspace here. Additionally, tax incentive in saigon hi tech park in general, and OneHub in particular, are also available.

Grade A official building in Thu Thiem

Grade A official building in Thu Thiem

2/ An internationally standardized green office building covers 30% of the total construction area.

OneHub Saigon has achieved LEED Silver certification from the U.S. Green Building Council. The project aims to promote a healthy lifestyle and green working environment, and will continue to expand its green offices with the remaining buildings.

Using mutiple tax incentive with OneHub Saigon

Using mutiple tax incentive with OneHub Saigon

3/ The multi-functional development plan includes 11 internationally standardized Grade A building

The OneHub Saigon office and commercial complex covers an area of 12 hectares, consisting of a mixed-use commercial building, seven environmentally friendly high-end office towers, two Work-Office-Home-Office buildings, a diverse training center with entertainment facilities, and international standard infrastructure.

This will provide favorable conditions for businesses to rent their headquarters and enjoy many benefits from tax incentive in saigon hi tech park.

OneHub Saigon - a workplace to work

OneHub Saigon – a workplace to work

Conclusion

Tax incentive in saigon hi tech park in general and specifically for OneHub Saigon will provide opportunities for businesses to develop more in the future. In addition, the green office buildings and rental costs at one-third of the city center price will be a perfect choice for businesses looking to rent offices at OneHub Saigon, and they will also enjoy many benefits of tax incentive in saigon hi tech park.

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