Incentive
Investment Incentive Certificate
An Investment Incentive Certificate (IIC) is an official document issued electronically through the Electronic Incentive Management and Foreign Capital Information System (E-TUYS). It allows for the purchase of machinery and equipment for investments in all regions without paying Value Added Tax (VAT) or Customs Duty.
On a regional support basis, it also provides benefits such as tax reduction, social security premium support, social security premium employer’s share support, income tax withholding support, interest rate support, and land allocation.
The primary objectives of the Investment Incentive Certificate are to encourage companies to invest, increase their contribution to the economy, and promote employment.
