Conditions for Issuance of Certificate of Scientific and Technological Enterprise

Duy Thinh

00:41, 11/07/2024

Recently, the Government of Vietnam has issued Decree 13/2019/ND-CP on science and technology (S&T) enterprises.

Certificate of Science and Technology Enterprise serves as the basis for implementing preferential and support policies for science and technology enterprises. It also functions as the Certificate of Registration for Science and Technology Activities and serves as the basis for applying investment incentives for science and technology enterprises.

To obtain a Certificate of Science and Technology Enterprise, the enterprise must meet the following conditions:

- Be established and operate in accordance with Law on Enterprises;- Have the capability to produce or apply scientific and technological outcomes that are evaluated, appraised, and recognized by a competent authority as regulated;- Have revenue from the production and business of products generated from scientific and technological outcomes reaching a minimum of 30% of the total revenue.

For newly established enterprises under 5 years, the condition regarding revenue mentioned above is not required.

More details can be found in Decree 13/2019/ND-CP effective from March 20, 2019.

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