Overview About Economic Zone

Xa Mat Economic border gate zone was established under the Decision No 186/2003/QD-TTg on 09/11/2003 of the Prime Minister included two villages: Tan Lap and Tan Binh, Tan Bien district, Tay Ninh province.
Xa Mat border gate is the international border gate on online land borders of Viet Nam - Cambodia, is the gateway of Tay Ninh province in the development of commercial exchanges and play as important role in construction, economic development direction of foreign. Will become a trading center of international trade in the future…
Xa Mat Economic border gate zone of Tay Ninh province is the area consists of 04 borders, in which international border is the Xa Mat border gate, and secondary: Riec Chang, Tan Phu and Cay Go.
Tay Ninh provincial People’s Committee issued Decision No 130A/2005/QD-UB on 02/23/2005 About: Approval master plan to build Xa Mat Economic border gate zone with area is 34,197 hectares belonging to Tan Bien include: Tan Binh: 17,301 ha, Tan Lap: 16,896 ha, is located close Viet Nam and Cambodia frontier, far away from the center of Ho Chi Minh City is 150 km, the Phnom Penh capital of Cambodia 200 km. Defined as follows:

• The northern border with Cambodia border.
• The western border with Cambodia border.
• The Eastern border with Binh Thanh village (Thanh Bac village), Tan Bien district.
• The southern bother with Thanh Tay village, Tan Bien district.

Investment Attraction Mission

At present, in the heart of economic borders Xa Mat has 07 investment projects in the country, a total area of 361.66 hectares with a total capital investment is 752.97 billion and 200 million USD have been UBND Provincial agree investment policies, the investors are in the process of planning details to the browser. The investment projects include:

- Golf Road compile scale 5.18 ha, projected capital investment is 46.8 billion - investors are tourist company Tay Ninh
The foreign-scale 8.17 ha, projected capital investment is 60.67 billion - investors are joint stock company established enterprise Tay Ninh.
- Local Services - General borders scale 8.41 ha, projected capital investment is: 63 billion, the Investment Company is Mia Tay Ninh.
- Cafes and restaurants and petrol stations park bus, taxi scale of 2.56 ha, projected capital investment is 5.5 billion VND - investor is the company Petro Tay Ninh.
- Local service international trade 38 Ha, projected capital investment 77 billion, investors are joint stock Mai Linh company.
- Major industrial and 115.34 ha trade zone in 18 hectares, expected capital investment of 200 million USD.  Investor Co., the management and investment trust Thai Hoang Gia.
- The project of water supply, electricity and Zone B (including: Local housing combines commercial, housing area of continuous garden, Park House villas, Entertainment, Park at foreigners, Bus, Market, supermarket centers) around 166 hectares, expected capital investment of 500 billion - investors are joint stock company TRAENCO, management has proposed units set up the project implementation, which set up parallel provisions Plans detailed functional areas and prepare adequate capital when the provincial People’s Committee approves compensation, assistance and resettlement organizations pay for the people.

The unit has been approved investment policies if the commitment to advance the compensation money, support and resettlement under section area has been assigned investment policies after the provincial People’s Committee approves compensation Typically, assistance and resettlement.

The provincial People’s Committee has approved investment policies Kho interchange of goods for investors such as AK Mai Vang, joint stock company services Hang Green Car (HAXACO) - Ho Chi Minh City, AK Nguyet Phuong and Co.,  Triangle.

Preferential policies

Economic Zone Xa Mat border gate under locality facing economic and social difficulties especially as stipulated by the Law on Investment, which is applied policies stipulated by the Law on import-export tax, VAT, tax TTDB , Tax TNDN.

Other areas, industries manufacturing business in the heart of economic Xa Mat border gate as:

• Street markets editor.
• Bonded Warehouse.
• Production, processing import-export goods.
• Park service trade in national and international.
• Services synthesis borders.
• Wood processing, office products.
• Handicrafts.
• Household goods, garments.
• Manufacture of electronic components, electrical appliances..

The policy is applied in the heart of economic borders Xa Mat:

1. Price of rent:

Prices for land lease 1m2/nam: With 0.5% of the price of land regulation of the provincial People’s Committee at the time of renting. Prices for land lease in 2008 are:

• From the first 100 meters along Highway 22B (from the highway’s planned 120 meters) are: 700 dong/m2/year (140,000dong/m2 X 0.5%).
• From the 101 meters along 22B (from the highway’s planned 120 meters) is: 550dong/m2/nam (110,000dong/m2 X 0.5%).

Exemption of 11-year land rental (As stipulated in Decree No. 142/2005/ND-CP dated 14/11/2005 of the Government on land rent, lease the water).

2. Income tax on business:

As stipulated in Decree No. 24/2007/NĐ-CP on 14/2/2007 of the Government providing detailed implementation of the Law on Corporate income tax.

• Exemption of 04 year, since when there is taxable income and 50% reduction in 09 years.
• Use preferential tax rate of 10% in 15 years, since the start of operation of business.

3. In addition to the incentives mentioned above and some incentives to Decision 38/2007/QĐ-UBND on 09/11/2007 regulation policy to encourage, incentives and investment procedures in the Tay Ninh province.