On August 22, 2024, the Tax Department of Binh Duong Province issued Official Letter No. 23846/CTBDU-TTHT guiding CIT policies as follows:

In case the Company plans to restructure operations and operate projects in Binh Duong (Branch in Binh Duong). Accordingly, the Branch in Binh Duong will be transformed into a subsidiary to continue to carry out business lines and operate at the registered business location of the Branch, the subsidiary will inherit the CIT incentives of the Branch for the remaining time as prescribed in Clause 3, Article 10 of Circular 96/2015/TT-BTC dated 22 June 2015 of the Ministry of Finance amending and supplementing Clause 5, Article 18 of Circular No. 78/2014/TT-BTC (amended and supplemented in Article 5 of Circular No. 151/2014/TT-BTC) if it continues to meet the conditions for CIT incentives as prescribed.