Question: What are preferential and supporting policies for scientific and technological enterprises? Answer: Decree 13 also supersedes Decrees No. 80/2007/ND-CP, 96/2010/ND-CP (amended and supplemented by Decrees No. 115/2005/ND-CP and 80/2007/ND-CP) and Article 20 of Decree No. 95/2014/ND-CP. Scientific and technological enterprises (“STE”) are exempt from corporate income tax (“CIT”) for four years and enjoy a CIT reduction by 50% for the following nine years. However, STEs will not be entitled to this incentive in the financial year when they cannot meet the condition on revenue from the products formed by scientific and technological outcomes, which must account for at least 30% of the aggregate revenue. Besides CIT, STEs are also entitled to the incentives on import and export duties regarding the operations of scientific research, technological development, and business and production activities. Furthermore, STEs are also entitled to a reduction of land and water surface leasing fees, as exempt from registration fees in registering house ownership as prescribed by law. STEs which implement scientific and technological duties, apply scientific and technological outcomes, produce and trade in the products formed by scientific and technological outcomes will be sponsored, receive loans with preferential interest rates or interest rate assistance, or be provided with guarantees for borrowing capital by the National Technology Innovation Fund, the scientific and technological development funds of ministries, ministerial-level agencies, governmental agencies, provinces and cities under the central authority. Decree 13 shall come into effect from March 20, 2019./.