All existing fixed assets of the enterprise must be depreciated, except for the following fixed assets:
- Fixed assets that have been fully depreciated but are still being used in production and business operations.
- Fixed assets that have not been fully depreciated are lost.
- Other fixed assets managed by the enterprise but not owned by the enterprise (excluding fixed assets under finance lease).
- Fixed assets are not managed, monitored, or accounted for in the company's accounting books.
- Fixed assets used in welfare activities serving the enterprise's employees (excluding fixed assets serving employees working at the enterprise such as: rest houses during breaks, canteens during breaks, changing rooms, toilets, clean water tanks, parking lots, medical rooms or stations for examination and treatment, vehicles for transporting employees, training and vocational facilities, housing for employees built by the enterprise).
- Fixed assets from non-refundable aid sources, after being handed over to enterprises by competent authorities, are used for scientific research purposes.
- Intangible assets are long-term land use rights with payment of land use fees or legally acquired long-term land use rights through transfer..
