Priority will be given to enterprises with high technological and innovative capabilities, as well as those with superior competitiveness in spearhead sectors capable of leading industries and creating impact within value chains.
Local experts outlined the opportunities and challenges in establishing a carbon market and the policies needed to unlock green growth and achieve net-zero goals.
Newly established SMEs are exempt from income tax for the first 3 years; businesses transitioning from household businesses to corporate models are exempt for the first 2 years.
To facilitate the development of innovative technology, delegates suggested that the State should soon issue basic guidelines for digital transformation and AI deployment.