Tiếng Việt
中文Investment in expanding solar energy business may be eligible for investment incentives if the conditions under the Law on Investment No. 143/2025/QH15 (effective from 01/03/2026, replacing the Law on Investment 2020) and its implementing documents are met.
1. Current investment legal framework
From 01/03/2026, the Law on Investment 2025 replaces the Law on Investment 2020 (except for certain transitional provisions with different effective dates). The regulations on investment incentives, incentivized business lines and conditions for incentive eligibility apply under the Law on Investment 2025 and its guiding decree (Decree 96/2026/ND-CP).
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2. Is solar energy eligible for investment incentives?
Renewable energy, including solar energy, belongs to the group of incentivized business lines under Vietnam’s energy policy orientation. A project expanding solar energy business is considered for investment incentives when it meets the following conditions:
- Being a subject eligible for investment incentives under the Law on Investment 2025;
- Meeting the conditions on location, scale and technology as prescribed;
- Fully completing procedures for approval of the investment policy and issuance of the investment registration certificate (if required);
- Complying with the law on electricity, power planning, environmental protection and land.
3. Forms of investment incentives
Under the Law on Investment 2025, investment incentives include corporate income tax incentives, import tax incentives, exemption or reduction of land rental and land use fees, and other incentives under the law on tax and land. The specific incentive levels depend on the business line, location and project scale.
Notes on application
Investment incentive policies for renewable energy may be adjusted over time in line with power development planning. Investors should cross-check directly against the Law on Investment 2025, its guiding decree and specialized documents on electricity at the time of project preparation.
Common risks to note
- Applying the incentive provisions of the Law on Investment 2020 which is no longer effective;
- Not yet meeting investment procedure conditions before requesting incentives;
- Non-compliance with power planning and grid connection regulations.
How can ANT Legal help?
ANT Legal assists in reviewing investment incentive eligibility conditions, preparing solar energy project dossiers and advising on compliance during implementation. For advice, please contact an ANT Legal lawyer.
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